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Process 271
Risk 994
Control 1,995
Business Unit (24)

Each Business Unit has distinct business processes, risks, and controls.
GRC Library has developed specific reference templates tailored to each Business Unit.
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1. Asset Management

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2. Billing System Management

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3. Community Engagement

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4. Corporate Strategy

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5. Customer Service

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6. Diversity and Inclusion

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7. Energy Efficiency Programs

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8. Financial Auditing

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9. Financial Management

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10. Generation Operations

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11. Human Resources

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12. IT and Cybersecurity

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13. Legal Affairs

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14. Market Analysis

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15. Public Relations

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16. Regulatory Compliance

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17. Renewable Energy Development

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18. Research and Development

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19. Risk Management

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20. Safety and Emergency Management

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21. Sales and Marketing

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22. Supply Chain Management

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23. Technology and Innovation

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24. Transmission and Distribution

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Electricity

Industry: Electricity

Description:

This sector encompasses entities that are engaged in the production, transmission, distribution, and market operations of electricity. It involves various stakeholders including electricity producers, distribution system operators, transmission system operators, and market participants who provide aggregation, demand response, or energy storage services. Additionally, it includes operators of electric vehicle charging points, responsible for managing and operating recharging services for end users.

Key Activities:

Electricity Generation

The process of producing electricity from various energy sources, including fossil fuels, nuclear power, and renewable energy sources such as solar, wind, and hydroelectric systems.

Transmission of Electricity

The high-voltage transfer of electricity from generation facilities to distribution networks, ensuring the efficient delivery of electricity over long distances.

Electricity Distribution

The process of delivering electricity from transmission networks to end users, including residential, commercial, and industrial customers, while ensuring reliability and safety.

Market Operations

Managing the electricity market, including trading and operation processes that facilitate the buying and selling of electrical energy among various market participants.

Energy Storage Services

Providing services that involve the storage of energy for later use, allowing for better management of supply and demand in the electricity grid.

Recharging Point Management

Managing and operating electric vehicle recharging infrastructure to ensure accessibility and convenience for electric vehicle users.

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Updated: 2024-08-17 06:03:59
Created: 2024-07-12 21:22:42
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