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Annual Report 2010 - Enel.com

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ment responsible for establishing and implementing<br />

the <strong>com</strong>pliance strategy, origination activities, portfolio<br />

optimization and <strong>com</strong>mercial actions in all carbon<br />

credit markets;<br />

- Gas: creation of a Gas Supply Committee responsible<br />

for ensuring the achievement of synergies and<br />

optimization of the <strong>Enel</strong> and Endesa gas portfolios<br />

through close coordination between these two <strong>com</strong>panies;<br />

- Upstream Gas: creation of an Upstream Gas Committee<br />

responsible for examining upstream activities in<br />

order to ensure that they are in line with the demand<br />

for gas within the Group;<br />

- Coal, Liquids and Freight: central coordination<br />

through the selection of a Group lead buyer to ensure<br />

that procurement needs are met, costs are optimized,<br />

and Group synergies are achieved;<br />

> work has continued towards achieving the functional<br />

separation of the distribution activities of the Infrastructure<br />

and Networks Division in <strong>com</strong>pliance with<br />

unbundling regulations;<br />

> with regard to the International Division, work continues<br />

to integrate and rationalize the various businesses<br />

acquired, in part by aligning procedures within the various<br />

countries with the operating rules and principles<br />

established in the Integration Handbook.<br />

122 <strong>Enel</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong> <strong>Report</strong> on operations<br />

Also of note is the definition of a new organizational<br />

structure for the Russian <strong>com</strong>pany <strong>Enel</strong> OGK-5, which<br />

included the creation of the Risk Management unit and<br />

designation of a head of generation operations;<br />

> as regards <strong>Enel</strong> Green Power and its IPO, the system<br />

of procedures has been analyzed in order to verify the<br />

operating requirements that have been established for<br />

<strong>com</strong>panies listed on the markets run by Borsa Italiana.<br />

As a result of this analysis, changes were been made<br />

to the Group’s procedures, and specific organizational<br />

procedures were issued for <strong>Enel</strong> Green Power, with a<br />

focus on key processes such as industrial planning,<br />

budgeting and approval, and investment control.<br />

Finally, with regard to integration:<br />

> the governance arrangements for the Global In <strong>Enel</strong><br />

portal were established for the entire Group. The project<br />

is aimed at creating a new corporate intranet in<br />

order to promote the sharing of projects, culture and<br />

best practices within the Group, thereby enhancing the<br />

sense of belonging to a team and involvement in <strong>com</strong>pany<br />

strategies;<br />

> work continues on implementation of the <strong>Enel</strong> Business<br />

Process Modeling (EBPM) project, the goal of<br />

which is to define and implement an integrated Group<br />

management model for business process modeling,

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