Your investments are, in particular, long-term investments. How can you successfully oversee the risks over these periods?
— Marco Nix: Our company consists of more than just masts and transformers. With these investments, we keep a very close eye on the risks; in the area of offshore grid connections, our learning curve is also very steep. Energy markets, energy procurement, system management and IT are moving far more quickly. Here, we are constantly setting ourselves new challenges. Technical components and standards in these areas are developing very dynamically. In system management, we have rolled out and had a comprehensive security system certified on the basis of the Bundesnetzagentur (Federal Network Agency) IT Security Catalogue. This certification is demanding on businesses and employees, I realise this. But at the same time, with the information security management system, we now have information structures that notify us of critical points in our applications. We are currently assessing this with our system partners and suppliers to find out where we need to be even better.
Does this make the company’s internal processes more efficient?
— Marco Nix: The new system has helped us to examine our processes with a view to the safety requirements and, if necessary, to correct them. Based on the regulatory period specified by the BNetzA, 50Hertz reviews the efficiency of company-wide processes every five years. In 2017, this was particularly important, as our business had grown very strongly over the past few years. Our internal company processes were also changing at a rapid pace and in part had to be completely revised. In the context of the efficiency project, we carried out an extensive process inspection in 2017. We can be quite satisfied with the initial results. With a cost base that is below what is legally prescribed for efficiency efforts, we undertook to save about eight percent compared to the planned cost. These savings initially benefit 50Hertz and, in the medium term, our grid customers. We can prove to the BNetzA that we keep an eye on the costs of the energy transition us and that we take the concept of sustainable efficiency seriously.