To succeed in our mission, to create stakeholder value, we formulated our strategic goals. Our overarching goal is to deliver value for our stakeholders. We aim to do this by:
Based on our mission and strategic goals, we have set seven strategic priorities which we believe will best help us realise these goals. The first three are 'core' priorities, while the other four are 'enabling' priorities.
● Enhance the flexibility and resilience of our transmission grid to ensure security of supply
To manage the rapid rise of renewable energy sources, improve our ability to balance power, ensure continuous voltage control and relieve grid congestion, we apply market-based solutions that improve supply and demand flexibility. We will also use software and possibly hardware solutions, such as developing storage technology.
● Advance the use of data and analytics
To gain insight into the renewables load feeding into the grid and improve our forecasting to ensure security of supply we are collecting and enriching electricity and electricity-related data, which will also help us drive market integration.
● Drive integration of the NWE electricity market, focusing on the Netherlands, Germany and Belgium
We work closely with other TSOs on various topics, including market design, market coupling and regional security centres, to drive the further integration of the NWE electricity market.
● Anticipate and address what society wants and needs through dialogue and innovation
We actively engage with society and respond to society's needs and concerns with innovative developments such as transmitting electricity underground, dynamic line rating and high temperature super conductors.
● Maintain access to capital markets and equity capital
The size of our investment programme requires ongoing financing and, given the regulatory uncertainties, it also requires flexible access to equity.
● Pursue operational excellence
We maximise the efficiency of our capital expenditures (capex) and operational expenditures (opex) through smart investment solutions and keeping operating costs low.
● Pursue organisational excellence
We do this through creating a performance culture, organisational flexibility and best-in-class safety performance.