Executive Education Programme REM-HSG holds a joint event with Swiss Embassy Berlin The Swiss Embassy and the University of St. Gallen invited to a panel discussion in the context of the 7th module of the executive education programme in renewable energy management (REM-HSG). The Swiss Embassy and the University of St. Gallen invited to a panel discussion in the context of the executive education programme in renewable energy management (REM-HSG). Experts from academia, industry and public policy explored how both countries can achieve synergies on the way towards a renewable energy future. Panel Discussion at Ballsaal Residenz (in German, English translation) "Less coal or less sun - how can hydropower and other forms of energy storage get profitable (again)?" • Prof. Anton Gunzinger, Supercomputing Systems, ETH Zürich • Stephan Kohler, Outgoing director of the German energy agency dena • Tobias Rohrberg, State of Baden-Württemberg (Beauftragter für Umwelt, Klima und Energiewirtschaft Vertretung des Landes BW beim Bund) • Prof. Dr. Rolf Wüstenhagen, Chair for Management of Renewable Energies, University of St. Gallen • Moderation: Marlies Uken (ZEIT online) Germany, Switzerland and other European countries are phasing out nuclear power and aim at increasing the share of renewable energies. Fluctuating sources of energy like wind and solar will have a high share in a future electricity market. In the medium-term, this requires more flexibility in the power system, which can for example be supplied by hydropower storage plants. The current competitive market environment, however, is characterized by overcapacities and decreasing spot market prices, which hampers the outlook for building and operating storage plants. There are different views on how to escape the dilemma: While the Swiss parliament is currently debating subsidies for large hydropower plants and some call for reducing support for wind and solar power, German environmental organisations suggest that the nuclear phase-out should be followed by a carbon phase-out.