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Corporate Profile Executive Committee Certificates and awards received The company in numbers Energy glossary Contacts
REN - Redes Energéticas Nacionais operates in two main business areas:
Corporate Profile
The transmission of electricity at very high voltage and the overall technical management of the
National Electricity System;
The high-pressure transport of natural gas and overall technical management of the National
Natural Gas System, guaranteeing the reception, storage and regasification of LNG as well as the
underground natural gas storage.
REN transmits electricity in Portugal and technically manages the national electricity system
through a concession contract established with the Portuguese state until 2057. REN operates the National Transmission Grid (RNT), which connects producers to the centres of consumption,
ensuring a balance between the demand for and supply of energy, guaranteeing the uninterrupted
supply of electricity at the lowest cost with the best quality of service and safety;
RNT access points allow the distributing grid to be fed, and is from where the majority of final
consumers are supplied. The retail energy companies are responsible for managing relations with
the final consumer, including billing and customer service;
REN has the specialist skills and know-how for the management and integration of renewable energy sources (RES) within the national electricity system, the result of the investment that
Portugal has made in this type of energy over recent years. According to 2013 figures, 57% of total
national consumption was provided by RES.
ELECTRICITY
Corporate Profile
REN is responsible for the transportation of high-pressure natural gas and for the overall technical
management of the National Natural Gas System, guaranteeing the reception, storage and regasification of LNG as well as the underground natural gas storage, under the terms of the
concession contracts established with the Portuguese state until 2046. RNT access points allow the
distributing network to be fed, and is from where the majority of final consumers are supplied. The retail energy companies are responsible for managing relations with the final consumer,
including billing and customer service;
REN Gasodutos operates the National Natural Gas Transport Network (RNTGN), which receives the
natural gas at the Spanish border or at the Sines terminal, and forwards it to the distributors or to
final high-pressure customers;
The LNG terminal at Sines is operated by REN Atlântico and the underground natural gas storage is
the responsibility of REN – Armazenagem.
Corporate Profile
NATURAL GAS
Corporate Profile
ENONDAS
In 2010, ENONDAS received from the Portuguese state a public concession for the generation of
wave energy in a pilot zone. The public concession is for 45 years and includes authorisation for installation of the public grid connection infrastructure. Enondas has adopted the trading name
Ocean Plug;
The Portuguese Pilot Zone (ZP) covers an area of approximately 320 km2 and it is located near
S. Pedro de Moel, between Figueira da Foz and Nazaré.
RENTELECOM
This company was founded to exploit the surplus capacity of the safety telecommunications
networks, which provide essential support for the transmission of electricity and natural gas. The company is founded on a high added value know-how in the area of information technologies,
with emphasis on Safety Telecommunications Networks at the service of the management and
operation of energy grids.
Mission
Corporate Profile
REN’s mission is to guarantee the uninterrupted supply of electricity and natural gas at the lowest
cost while satisfying all quality and safety criteria, maintaining the balance between supply and demand in real time and assuring the conditions of the system that ensures the viability of the
energy market.
Shareholder structure
Corporate Profile
Company structure
Contents
Corporate Profile Executive Committee Certificates and awards received The company in numbers Energy glossary Contacts
Executive Committee
Emílio Rui Vilar, Chairman e CEO
João Caetano Faria Conceição, COO
Gonçalo Morais Soares, CFO
CV
CV
CV
Contents
Corporate Profile Executive Committee Certificates and awards received The company in numbers Energy glossary Contacts
Certificates and awards received
Bronze in the “Most Socially or Environmentally Responsible Company of the Year” category at the Best Biz Awards 2014. Silver in the “Interactive Annual Report: Energy” at the 2014 ARC Awards.
2014
Certificates and awards received International Business Awards: Gold Stevie in the best corporate site for energy companies and best corporate site in Investor Relations; Silver Stevie in the best Report and Accounts category; Bronze Stevie in the best website design category. Renewal of its “AAA” rating in Corporate Governance among companies that best comply with corporate governance recommendations, according to a study conducted by Universidade Católica Portuguesa, commissioned by Associação de Empresas Eminentes de Valores Cotados no Mercado - AEM (Portuguese Market-Listed Securities Issuers’ Association). Silver in the best website of the year category at the Best in Biz Awards 2013; Silver in the best on-line Reports and Accounts category at the iNOVA Awards 2013; Silver in the best Corporate Site/Energy category at the iNOVA Awards 2013; Bronze in the best annual report online, at the ARC Awards; Bronze in the best institutional site category at the XV Festival of the Portuguese Creatives Club (CCP — Clube de Criativos de Portugal)
2013
Certificates and awards received "Best Corporate Citizen 2012" in Portugal, from the New Economy magazine; Regional Award 2012, international distinction in Assessment of the Environmental Impact by the International Association for Impact Assessment (IAIA); Bronze Stevie at the International Business Awards in the Best Annual Report Online/Electronic category; Honours at the Galaxy Awards in the best on-line Reports and Accounts category (Websites: Online Annual Report); "B Green Action Award", received at Greenfest 2012 which rewards responsibility and social communication activities during the event; “AAA” rating in Corporate Governance, being the only company to receive maximum points in a study conducted by Universidade Católica Portuguesa, commissioned by Associação de Empresas Eminentes de Valores Cotados no Mercado - AEM (Portuguese Market-Listed Securities Issuers’ Association). Silver Frog in the 2012 Sapo awards for the levels of creativity, quality of execution, degree of innovation and effectiveness demonstrated in the site associated with the “The Grid of All Grids” publicity campaign.
2012
Contents
Corporate Profile Executive Committee Certificates and awards received The company in numbers Energy glossary Contacts
Main Indicators
HR characterization
2013 2012 2011
Total number of workers No. 676 734 735
Ratio men/women % 22 21,6 21,5
Rate of turnover % 11,5 4,7 4,3
ELECTRICITY UNIT 2013 2012 2011
Length of power lines (km) km 8733 8534 8371
Length of 400kV power lines (km)
km 2430 2333 2236
Length of 220kV power lines (km)
km 3565 3521 3492
Length of 150kV power lines (km)
km 2734 2680 2643
EIT (Equivalent Interruption Time)
min 0,09 0 0,27
Business characteristics
NATURAL GAS UNIT 2013 2012 2011
Length of gas pipelines (km) km 1375 1298 1296
EIT (Equivalent Interruption Time)
min 0 0 0
Main Indicators
AVIFAUNA UNIT 2013 2012 2011
Number of stork nest platforms installed
No. 97 155 150
Number of anti-perching devices installed
No. 649 975 481
Number of nests transferred No. 51 51 43
ENVIRONMENT UNIT 2013 2012 2011
Environmental costs €M 1,216 4,2 3,5
Legal compliance – Fines paid € 0 6274 0
Business characteristics
Main Indicators
Contents
Corporate Profile Executive Committee Certificates and awards received The company in numbers Energy glossary Contacts
Energy glossary
HV – High Voltage
CAE – Contrato de Aquisição de Energia (PPA – Power Purchase Agreement)
CEER – Council of European Energy Regulators
EETS – European Emission Trading Scheme
CER – Certified Emissions Reductions
CIGRÉ – Conseil International de Grands Réseaux Électriques (International Council on Large Electric Systems)
EEPR – European Energy Programme for Recovery
ENTSO - E – European Network of Transmission System Operators for Electricity
ENTSO - G – European Network of Transmission System Operators for Gas
ENE 2020 – 2020 National Energy Strategy.
ERGEG – European Regulators Group for Electricity and Gas
ERSE – Entidade Reguladora dos Serviços Energéticos (Energy Services Regulatory Authority)
ETS – Emission Trading Scheme
RES – Renewable Energy Sources
GIE – Gas Infrastructure Europe
NG – Natural Gas
LNG – Liquid Natural Gas
GRMS – Gas Regulating and Metering Station
MIBEL – Mercado Ibérico de Electricidade (Iberian Electricity Market)
MIBGÁS – Mercado Ibérico de Gás (Iberian Gas Market)
OMEL – Operador del Mercado Ibérico de Energia – Polo Español, SA (Iberian Energy Market Operator - Spanish Division)
OMI – Operador de Mercado Ibérico de Energia (Iberian Energy Market Operator)
OMI – Operador de Mercado Ibérico de Energia (Pólo Português) (Iberian Energy Market Operator - Portuguese Division)
PDIR – Plano de Desenvolvimento e Investimento da Rede Nacional de Transporte, Infra – Estruturas de Armazenamento
e Terminais de GNL (Transport Network Investment and Development Plan – LNG Storage and Terminal Structures)
PEI – Planos de Emergência internos (Internal Emergency Plans)
PNALE – Plano Nacional de Atribuição de Licenças de Emissão de CO2 (National C02 Emission Allowance Plan)
PPDA – Plano de Promoção do Desempenho Ambiental (Environmental Performance Promotion Plan)
PRE – Produtores em Regime Especial (Special Regime Generators)
PRO – Produtores em Regime Ordinário (Ordinary Regime Generators)
RECS – Renewable Energy Certificate System
REE – Rede Eléctrica de Espanha (Electricity Grid of Spain)
REORT – Rede Europeia dos Operadores das Redes de Transporte de Gás (ENTSOG – European Network of Transmission
System Operators for Gas)
RNT – Rede Nacional de Transporte de Energia Eléctrica (National Electricity Transmission Grid)
RNTGN – Rede Nacional de Transporte de Gás Natural (National Natural Gas Transport Network)
RNTIAT – Rede Nacional de Transporte, Infra-Estruturas de Armazenamento e Terminais de GNL (National LNG Transport,
Storage Infrastructure and Terminal Network)
SEM – Sistema Eléctrico Nacional (National Electricity System)
SEP – Sistema Eléctrico de Serviço Público (Public Electricity Supply System)
SNGN – Sistema Nacional de Gás Natural (National Natural Gas System)
TIE – Tempo de Interrupção Equivalente (EIT – Equivalent Interruption Time)
TSO – Transmission System Operators
Energy glossary
Contents
Corporate Profile Executive Committee Certificates and awards received The company in numbers Energy glossary Contacts
Contacts
4
DCS – Direcção de Comunicação e Sustentabilidade da REN Avenida Estados Unidos da América, 55 - Lisboa Tel: 21 0013905 Fax: 21 001 34 90 E-mail: [email protected]
PRESS Cunha Vaz & Associados José Pedro Abrantes E-mail: [email protected] Tel: +351 93 974 31 24 Tel: +351 21 012 0642
