2 minute read
Corporate bodies
from Activity report 2020
by Elia Group
Our Story
Elia Group connects
Electricity is at the heart of what we do. As one of Europe’s top f ive transmission system operators (TSO), we ensure that over 30 million end users have access to reliable and increasingly renewable electricity. We operate 19,276 km of high-voltage connections while balancing generation and consumption.
What We Do
Developing infrastructure
Keeping energy and consumers connected requires long-term investment in an efficient, safe and reliable grid infrastructure. Ensuring we are able to meet not only today’s needs, but the needs of future generations as well, means developing and integrating renewable resources, such as offshore high-voltage grids. Upgrading existing structures, such as interconnectors, means energy reaches the market more quickly and efficiently.
Connecting markets
We strive for a connected and efficient grid, reflected in an integrated European market. Elia Group cooperates objectively and transparently with all market players. We employ the latest technological advances and create new ones where we see opportunities to optimise the transmission and distribution of energy while managing consumption demands.
Operating systems
Balancing and coordinating an international, multi-sourced and connected grid with rapidly changing technologies and increasing demand is critical. To do this, Elia Group deploys and develops stateof-the-art processes and tools to monitor the grid in real time, all the time.
50Hertz Partnership
The German legislator has transferred the responsibility for coordinating and processing legal levy systems to promote environmentally friendly technologies to the transmission system operators. 50Hertz collects these levies as a trustee, administrates them and coordinates their distribution to recipients. If the electricity from renewables is not marketed directly, we sell this electricity on the power exchange.
Our strategy
Elia Group is well on the way to becoming a leading European TSO, working towards a successful energy transition for a sustainable world. However, as the energy landscape changes at an ever-faster pace, new and bigger challenges emerge. For Elia Group, this means that in order to remain relevant tomorrow, we have to continue improving our core activities today, delivering reliable services at an affordable price and at an accelerating pace in order to fulfil our societal mission. To that end, Elia Group will continue to build upon its three pillars of growth.
1.
Grow beyond current perimeter to deliver societal value
Grow beyond current perimeter to deliver societal value
Against a backdrop of increasing European integration, we are actively shaping growth opportunities that will leverage our expertise and developing the new skills required to ensure a successful energy transition.
Our three strategic pillars
3.
Deliver the infrastructure of the future & develop and operate a sustainable power system
We are building the infrastructure of the future in Belgium and Germany and transforming our core business in order to become a digital transmission system operator. This is enabling the energy transition in our home markets.
2.
Develop new services creating value for customers in the energy system
We are providing the European market with digital tools to accelerate innovation in the energy sector, create energy services and initiate sector convergence by lowering barriers in our industry.
