ELES provides safe, secure and uninterrupted transmission of electricity. The Company is the guardian of the Slovenian electricity system, which is closely related to the transmission systems of the neighbouring countries and well integrated in the European energy system. We are responsible for ensuring that electricity is always available. For almost 100 years, we have been connecting people, providing quality of life and fulfilling the needs and wants of customers. We provide safe, secure and uninterrupted transmission of electricity.
STRATEGIC POLICIES BY 2020
The development trend of ELES is laid down in the strategic documents Long-Term Strategic Plan of ELES d.o.o. for 2016-2020 and the Republic of Slovenia Transmission System Development Plan from 2017 to 2026. The documents take into account forecasts of economic trends and technological developments in the electricity sector. Since Company operations are strongly regulated by Slovenian and European legislation, the Company closely monitors regulatory developments and, if required, gets involved in processes. All of this is done with the aim to prepare in time for the introduction of prescribed changes or for the implementation of new tasks.
The strategic policies laid down by ELES in its Long-Term Strategic Plan (LSP) for 2016-2020 are a response to challenges and findings deriving from a comprehensive and in-depth analysis of external and internal environment.
Strategic
policies
Operations in the prescribed regulatory framework, provision of profit to the owner with respect to the regulatory methodology.
Respect for target
values, employees' conduct in line with the Code of Ethics and corporate integrity guidelines in order to achieve an adequate level of business excellence.
Efficient management of physical assets and the introduction of effective HR management.
Investments in
cross-border transmission capacities, substantiation of NTC to neighbouring TSOs - with respect to the Slovenian national interest.
The lease of
system services at
prices comparable to neighbouring TSOs with respect to new technologies and, based on technical and economic criteria, transfer to maximum autonomy.
In addition to comprehensive control over the operation of the 400 and 220kV transmission network, to assume comprehensive control over the entire meshed 110kV network in Slovenia.
RISK MANAGEMENT
In 2017, the Company pursued its strategic risk management policies, monitored external and internal factors and identified risks that could have an impact of Company operations. The risk catalogue was regularly updated, acceptable risk levels and deviations from acceptable levels were checked and, if required, appropriate measures were adopted that provided undisturbed, stable, target-oriented Company operations. The system ensured that the key risks were identified, assessed and managed. In 2017, the Company examined and adopted a model to quantify risks. The IT system was also tailored to all changes. Throughout the time, efforts were also made to strengthen a responsible risk management culture.
Risk assessment in 2016 and 2017 compared to the acceptable risk level
other
management risks
asset and project management risks
system
operation risks
transmission network
infrastructure risks
information
security risks
business IT and
telecommunication
risks
ancillary
activity risks
strategic risks
2016 score
2017 score
acceptable level (tolerance)
target for 2017 (risk appetite)
