Asset Management

In order to fulfil its mission and achieve the objectives of its vision in the field of asset management, namely to be the European reference operator in the efficient management of electricity distribution networks, E-REDES has established this Policy, which sets out the expectations of the Board of Directors regarding the management of its assets over a 5-year period, until 2025.

These expectations underpin the guidelines established by E-REDES, in alignment with its mission and vision statements, and are presented below:

1. To guarantee the supply of electric energy with quality, safety and efficiency;
2. Promote the development of the electric distribution network that supports the energy transition;
3. Maintain a relationship of trust and proximity with the different stakeholders, focusing on innovation and resilience;
4. Optimise the performance and availability of assets, respecting current policies and provisions, namely environmental, safety and other applicable ones;
5. Continuously improve the asset management system, in alignment with best practices and the ISO 55000 standards.

The above guidelines unfold into strategic actions, strategic objectives and asset management plans that will comprise the strategic asset management plan (SAMP) of E-REDES, which will contribute to the creation of value from its asset management, in a sustainable and efficient way.

E-REDES is committed to act in accordance with this Asset Management Policy, providing all necessary information, tools and training, which must be practised by its employees, suppliers and service providers. E-REDES' Management is committed to providing the necessary resources to enable the sustainable and durable operation of its asset management system.