How do Liechtenstein municipalities get the energy City label?

Liechtenstein municipalities can obtain the Energy City label if they continuously ensure efficient energy use, increase investments for renewables, including solar energy, wind energy and hydropower, and promote environmentally compatible mobility. The certificate is awarded by the Energy City Sponsoring Association.

What is a SMES system?

The defining feature of SMES systems is their unbeatable efficiency. Minimal energy is wasted in the process of storing energy. SMES systems have an end-to-end efficiency nearing 100%, while lithium-ion batteries range from 80% to 90%, and pumped hydroelectric storage sees a system efficiency range from 70% to 85%.

Why are SMES systems so expensive?

SMES systems have very high upfront costs compared to other energy storage solutions. Superconducting materials are expensive to manufacture and require a cryogenic cooling system to achieve and maintain a superconducting state of the coil material.

Is Liechtenstein a good place to start a business?

When it comes to eco-innovations, the world's sixth-smallest state is at the forefront, even by global standards Ms. Monauni, Liechtenstein is best known for its specialized, internationally networked financial center. However, the Principality also has a high level of industrialization. What makes the location so attractive for companies?

Is Liechtenstein the world's sixth smallest state?

When it comes to eco-innovations, the world's sixth-smallest state is at the forefront, even by global standards Ms. Monauni, Liechtenstein is best known for its specialized, internationally networked financial center. However, the Principality also has a high level of industrialization.