ESB Annual Report 2012 - (Page 28)
28 ESB Annual Report 2012 - Energy for connecting you
ESB NETWORKS
IN 2012 ESB NETWORKSFOCUSEDONRENEWING AND
EXTENDINGITSDISTRIBUTION AND TRANSMISSION
SYSTEM. ESB NETWORKS HASNOW CONNECTED
APPROXIMATELY 1,740 MW OFRENEWABLEGENERATION
TO THENATIONAL DISTRIBUTIONNETWORK.
Priorities for 2013 are: safety, infrastructure
delivery, customer service, strong financial
performance and the development of sustainable
networks.
CAPITAL INVESTMENT
Capital investment on the networks system in
2012 totalled €395 million and was primarily
focused on reinforcing the transmission system
to accommodate new wind generation that will
be connected to the system before the end of
the decade. By the end of 2012, approximately
1,740 MW of wind generation was connected
to the system and this is expected to increase to
5,000 MW by the end of 2020.
We also continued to invest in the distribution
system to improve reliability of supply and ensure
the safety of the network.
Specific achievements in 2012 include:
The completion of a new 24 km 110 kV circuit
in Co. Cavan and the continuation of work
on two major reinforcement projects in Co.
Donegal and Co. Galway which together involve
a total of 150 km of a new 110 kV line.
€395M
THE CAPITAL INVESTMENT MADE
ON THENETWORKS SYSTEMIN
2012
Major reinforcement projects at two Dublin
bulk supply substations were developed which
included the commissioning of a new 250 MVA
transformer.
Construction commenced on a new 110 kV/
MV station and two 110 kV customer stations
to serve major customers in the Dublin area.
A total of 125 MW of wind farm capacity was
connected and two new 110 kV substations
connecting multiple wind farms were
commissioned.
12,800 new connections were completed in
2012 (15,121 in 2011). The relatively low
volume of load-related work resulted in a shift
in investment activities to replacing the old plant
and renewing the low voltage network.
Some of the 2012 highlights are:
SMART METER PROGRAMME: The smart
metering project has now commenced the
detailed design stage. Under the governance
of CER, the Energy Industry will work together
over the next 18 months to finalise the detailed
requirements for the full roll out of Smart Meters.
R&D PROJECTS: ESB Networks co-ordinated
the North Atlantic Green Zone Project proposal,
a joint proposal of all the system operators on the
island of Ireland, with the support of government
bodies, to be included in the EU-wide list of Smart
Grid Projects of Common Interest which may
attract EU funding from the Connecting Europe
Facility and other EU funding budgets in 2013.
COST EFFICIENCY/PERFORMANCE
IMPROVEMENT: In 2012 we reduced staff
numbers by circa 10% through a combination
of a voluntary severance programme and natural
retirements which will enable the business to
deliver greater efficiencies.
MARKET HARMONISATION PROJECT: A new
market platform which enables a single market
interface for changing customer supplier in both
the Republic of Ireland and Northern Ireland
electricity markets, was delivered on schedule and
within budget in 2012. This project, which was
approved by CER and NIAUR, was delivered by
ESB Networks and NIE.
STRATEGIC AIMS AND RESPONSE
TO CHANGE
A number of major milestones were achieved
in 2012. Our research and development
programmes made informed decisions regarding
major infrastructure deployment and allowed ESB
Networks to continue its pivotal role in helping
improve the competitive market operations for all
electricity customers.
Table of Contents for the Digital Edition of ESB Annual Report 2012
ESB Annual Report 2012
Contents
Business Overview
Chairman’s Statement
Chief Executive Review
Our Strategy and Business Model
Operating and Financial Review
Operating Environment
Finance Review
Business Unit Sections: ESB Generation and Wholesale Markets
ESB Networks
NIE
Electric Ireland
Corporate Social Responsibility
Introduction from Executive Director, People and Sustainability
Sustainability Charter
Energy Usage 2012
ESB Innovation
Equality and Diversity
Our People
Our Community
Corporate Governance
Chairman’s Corporate Governance Statement
The Board
Executive Team
Board Members’ Report
Risk Management Report
Statement of Board Members’ Responsibilities
Independant auditor’s report to the stockholders of Electricity Supply Board (ESB)
Statement of Accounting Policies
Financial statements
Prompt Payments Act
ESB Annual Report 2012
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