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Switzerland Considers New Hydro Dams Amid Europe Power Crunch

  • New plant would face the Matterhorn, Le Matin Dimanche reports
  • Power prices in Europe have surged on low natural gas stocks
The Cleuson dam above Haute-Nendaz. The water from the Clauson lake is pumped into the Grande Dixence Dam's reservoir for use in hydroelectricity production. 

The Cleuson dam above Haute-Nendaz. The water from the Clauson lake is pumped into the Grande Dixence Dam's reservoir for use in hydroelectricity production. 

Photographer: Fabrice Coffrini/AFP/Getty Images

Switzerland is considering building new hydroelectric dams amid a squeeze on European energy supplies that’s caused a surge in prices.

The Federal Office of Energy will meet Monday to consider a new list of projects, newspaper Le Matin Dimanche reported Sunday, citing people familiar with the plans.