Elia System Operator SA/NV · Brussels Belgium ·(Euronext Brussels: ELI)
Company Description
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This link will open in a new window The buzz around Elia System Operator is entirely normal. The Belgian transmission system operator delivers high-voltage electricity from power generators to the distribution system operators and large industrial consumers. Elia owns all of Belgium's 150 to 380 kilovolt (kV) grid infrastructure and 94% of its 30 to 70 kV grid infrastructure. The company's primary roles consist of operating the transmission system, as well as maintaining and developing the high-voltage grid, which includes overhead lines, underground cables, and transformers. Publi-T (a cooperative representing Belgian municipalities) owns 33% of the company; Electrabel , 24%. To read the full description, subscribe now.
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Key Elia System Operator SA/NV Financials
| Company Type | Public - Euronext Brussels: ELI Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2,088.5 |
| Employees | 221 |
Elia System Operator SA/NV Executives
7 executives listed for Elia System Operator SA/NV's Brussels, location.
| Title | Name & Bio | Contact |
| Chairman, Management Committee and CEO | Daniel Dobbeni | Network |
| Vice Chairman, Management Committee and Chief Corporate Officer | Jacques Vandermeiren | Network |
| CFO | Jan Gesquière | Network |
Competition
Competitive Landscape for Elia System Operator SA/NV
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Elia System Operator SA/NV Competitors
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