business plan for 2004 - EDP

2003 - Annual Report - EDP
remote-regulation modules were also ordered, which
are set to come into operation during 2004.
To render feasible the Despatch by the Trading area
of the EDP power plants belonging to SENV, the
implementation of the real-time Despatch system
was adjudicated to two suppliers in February 2003,
making redundant a configuration of systems and
communications.
• Trading Information System (SIT)
Within the scope of the SIT, attention is drawn to the
following:
a) migration of the SIT to an autonomous platform as
a result of the separation of the Trading area of
EDP Energia;
b) development of new modules for operation in new
markets (e.g. France) for establishment of financial
contracts and for integration of information on fuel
markets, and perfecting existing modules to bring
them into line with business requirements;
c) introduction of data security and audit mechanisms;
d) start of the process of interconnection of the
SET with the risk-management model and
establishment of the interface between the SIT and
the Dispatch System; and
e) development of a decision-support system (data
warehouse) allowing centralisation of the Trading
management information, while decentralising
access thereto.
Web Communication with Generation (MCP)
A system of communication with the SENV generation
was developed, based on a Web philosophy interfacing
with the Trading information system. The system will be
subject to a second stage of development during 2004
designed to accommodate the extension of new
Generation units to the SENV.
Platform of exchange of information with
HidroCantábrico
With due regard for the limits of legal autonomy of the
two institutions and with a view to increasing cooperation
between the Trading areas of EDP and of
HidroCantábrico, a common information sharing
platform was set up during October 2003 to share
information on market data and indicators.
Intranet for the Trading area
The Trading area Intranet was implemented and came
into operation in 2003, putting the knowledge
management strategy into practice through a simple,
fast and efficient means of communication.
GeoEDP Project – Geo-referenced Information
Systems
EDP Distribuição went ahead with the implementation
of the GeoEDP project started in 2001, developed in
close partnership with the EDINFOR Group’s IT-Geo. It
consists of a multi-project framework directed at spatial
information management and systems integration, the
aim being to provide widespread access to a range of
functions and data warehouses, to support the new
work cycle and the different business management
processes and flows of Information.
The GeoEDP project is centred on innovative
modernisation of the systems of the technical areas, with
particular focus on applied development and on the link
with university research – accounting for the greater part
of the investment in R&D at EDP Distribuição.
Full implementation of the GeoEDP will, in terms of
internal operations, cause a radical change of work
methods in the technical area (increased effectiveness)
and will support optimised redesign of corporate
processes (increased efficiency), and its effects are already
clear to see. The expected benefits will be underpinned by
an improvement of the response capacity to customer
needs, through speed, efficiency, and quality of service.
Total investment in the programme will be in the order of
€100 million over 10 years, with investment during 2003
having amounted to about €12 million. The cost/benefit
analysis of the programme suggests an IRR of between
30% (a very conservative scenario) and 60% (optimistic
scenario), with a positive contribution to net income for
the year in 2003. The permanent monitoring indicator,
based on level of use, outperformed the best expectations
in 2003.
In keeping with a concerted strategy of progressive
provision of information and innovative functions,
the electricity grid
data warehouse was
considerably enlarged
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