Facts and Figures 2011 (edition 2012) Structure of the Enovos Group
Luxembourg City, Other Municipality Enovos Interntionl S.A. holdings and other
24,57 %
75,43 % 100 %
Creos Enovos Other Luxembourg S.A. Luxembourg S.A. holdings
96,88 % 10,68 % 86,2 % 100 % 100 %
Creos Enovos Enovos Energie LEO S.A. Deutschlnd GmbH Deutschlnd AG Deutschlnd AG
Other holdings
2 Corporate Governance Bodies
Mario Grotz Romain Becker Chairman and Managing Director Managing Director & CEO since 19.04.2012
Management committee : Carlo Bartocci, Marc Adler, Romain Becker, Eric Mauer, Marc Meyer
3 Mission
The Creos mission is, reliably and at competitive prices, to ensure the transport and distribution of energy through the electricity supply and distribution networks and the natural gas pipelines in the Grand Duchy of Luxembourg.
The company performs that task in a non-discriminatory manner fulfilling its obligations to protect the environment.
To that end, it calls upon the skills and efficiency of its personnel for whom it endeavours to establish motivating working conditions guaranteeing their health and safety.
4 The electricity and natural gas networks – regulated activity
Energy market organisation provides a strict separation of regulated activities (infrastructure management) and non-regulated activities like production, sale and purchase, open to competition.
The principle is that infrastructures should remain a natural monopoly, but accessible to all suppliers under transparent and non-discriminatory conditions. In the Enovos group, Creos is concerned with network management, whilst Enovos looks after commercial activities subject to competition.
In fact, these days each user is entitled to a free choice of electricity or gas provider. Network access is organised and supervised by a regulator, in this case the Luxem- bourg Institute of Regulation (ILR). It is this independent body which for instance approves network access tariffs, ‘tolls’ invoiced to all users of our networks.
5 Financial Results (under Lux GAAP)
2011 Turnover € 205,887,775 Current earnings (EBITDA) € 86,024,761 Operational earnings (EBIT) € 45,453,866 Net profit € 44,084,112
Outlook
The major challenges of the future A sure and reliable energy transport and distribution infrastructure is a key ele- ment guaranteeing the well-being of citizens and the sustainable development of a country’s economy. Creos invests all its efforts in designing future electricity and gas networks to achieve a long-term guarantee of the current level of availability and security of supply.
For electricity, an interconnection with the Belgian and/or French networks is being prepared. Another major project for Creos is the development of networks of smart grids and meters.
For natural gas, an infrastructure capable of satisfying the energy demands of a constantly increasing population will require additional capacities via a new point of interconnection with France, in addition to the two existing interconnections with Germany and Belgium, or a strengthening of existing supply points.
6 Key figures - Electricity
(1) 2011 Electricity demand GWh 4,887.9 Electricity network peak MW 770.3 Network length km 9,013.2
(1) Including the network of the City of Luxembourg passed to Creos Luxembourg S.A. in January 2011
7 The high-tension electricity network
2 x 220 kV connection with Germany (Bauler)
Flebour 220/65/20 kV
Roost 220/65/20 kV
2 x 220 kV connection with Germany (Trier and Quint)
Heisdorf 220/65/20 kV
Bertrange 220/65/20 kV Connection with Belgium via the Sotel network Schiange 220/65/20 kV
8 Details about the electricity networks (31/12/2011)*
Transformer substations of 20,000 to 400/230 V: (number) 2,428
Low-tension lines (400/230 V): overhead (km) 318.6 underground (km) 4,999.2 Total LT (km) 5,317.8 Underground rate 94 %
Medium-tension lines (20 kV + 5 kV): overhead (km) 1,115.1 underground (km) 2,044.4 Total MT (km) 3,159.5 Underground rate 64.7 %
High-tension lines: 65 kV 2-phase: overhead (km) 187.3 underground (km) 19.1 High-tension lines: 65 kV 1-phase: overhead (km) 199.7 underground (km) 2.2 Total 65 kV 408.3
High-tension lines: 220 kV (1): overhead (km) 122.4 underground (km) 5.2 Total 220 kV 127.6
Total (km) 9,013.2
* including the electricity network of Luxembourg-Ville
9 Evolution of the network demand
• from 1936 to the end of 2011
[GWh]
6000,0 6000,0
5000,0 5000,0
4000,0 4000,0
3000,0 3000,0
2000,0 2000,0
1000,0 1000,0 1971 1951 1981 1961 1991 1941 2011 1976 1936 1956 1986 1966 1996 2001 2006
Consumption
10 • during the year 2011
[GWh]
460,000 460,000
440,000 440,000
420,000 420,000
400,000 400,000
380,000 380,000
360,000 360,000
340,000 340,000
320,000 320,000 May July June April March August J nu ry October February December November September
Consumption
11 Key figures – natural gas
2011 Total gas network capacity Nm3/h 278,765 Gas network peak Nm3/h 259,244 Volume distributed GWh 13,338.5 Network length Km 1,845.8
Total demand 2009 - 2011 per month
GWh 2009 2010 2011
2.000
1.800
1.600
1.400
1.200
1.000
800
600
400
200 May Juiy June April ugust March A January October February December November September
12 The natural gas transport network
Creos distribution network
Communes served by Creos with natural gas
Sudgaz and City of Dudelange networks Clervaux Communes not served with natural gas
Belgian Winseler inlet Wiltz
GERMANY
Esch-sur-Sûre Erpel- dange Diekirch Bettendorf Feulen
Grosbous Ettelbruck Mertzig Schieren
Colmar- Berg Echternach Bissen
Mersch
Lintgen Mertert Biwer
Lorentzweiler Hobscheid BELGIUM Betzdorf Kehlen Steinsel Greven- Koerich macher Walfer- Niederanven Kopstal dange
Steinfort Mamer Schuttrange Strassen Sand- Luxembourg weiler
Bertrange Belgian Contern Hesperange Wald- inlet bredimus Leudelange Bous Pétange Weiler- Remich la-Tour Dalheim German
Mondorf- inlet Frisange les-Bains Esch/Alzette Schengen
French Dudelange inlet FRANCE
13 Environment
The electricity and gas industry has an impact on the environment through the de- mand for energy resources and the production of waste, greenhouse gas emissions and the visual aspect of installations.
The protection of people and their environment is therefore a major concern of Creos with regard to:
• Burying power lines in villages and their environs when renewing lines and carry- ing out new work. • Protecting birds near overhead lines. • Harmoniously integrating high-tension transformer substations in the environ- ment using sheathed substation which only take up one fifth of the area of a traditional outdoor substation. • Installing new medium-tension substations using substations sheathed in mason- ry, prefabricated concrete or steel substations, substations integrated in bus stops or inside buildings. • Replacing old MT substations on beams (631 at year-end 2011) by sheathed sub- stations.
Human resources
Total workforce as at 31.12.2011: 643 employees (including workforce of the City of Luxembourg passed to Creos Luxembourg S.A.)
Creos constantly recruits internally and externally by attending various events (recruitment shows, at schools and universities). Six different nationalities are represented in Creos: Luxembourg, French, German, Belgian, Italian and Portuguese.
The proportion of women is 7.6%.
Skills management and development is a vital aspect of Group HR strategy.
Ongoing professional training is a means of responding to skills requirements in a flourishing energy sector.
14 Health, Safety and Environment (HSE)
To guarantee health and safety at work within the company, we organise safety instruction sessions, courses on handling and improvement in the fields both of gas and electricity.
The “Healthcare @ Work” project to improve the health and well-being of staff at work, has been extremely successful and will be continued.
Creos Deutschland GmbH
Key figures 2011 Gas distribution (GWh) 26,992 Earnings (M€) 71.70 EBITDA (M€) 20.42 EBIT (M€) 14.99 Profit for the financial year (M€) 9.34 Workforce 108 Investments (M€) 10.39
Creos Deutschland’s strategy for the coming years is to continue its reinvestment program which is intended to ensure a secure supply of gas in the region It is crucial that the Federal Network Agency (BNetzA) approves the necessary investment budgets applied for each year, to cover the capital costs in accordance with the German Regulation Ordinance (ARegV).
The core expertise of Creos Deutschland is the management of energy grids. The operation of energy grids is intimately connected with the long-term optimization of the grid infrastructure taking technical, commercial as well as economic aspects into consideration. With this expertise, Creos Deutschland has the opportunity to consider cooperating with enterprises owning grids or to contemplate acquiring participations in such companies.
15 Volume of gas distributed by Creos Deutschland (except gas storage)
GWh
33,000
32,000
31,000 31,985
30,000
29,000
28,000 29,538 28,808 27,000
26,000 26,993 25,000 2011 2010 2008 2009 Volume
The chart above reflects the reduced amount of gas distributed through the Creos Deutschland grid in 2011 compared to previous years. In comparison to the years 2008 to 2010 as well as to the 40-year average, 2011 clearly stands out with its rather mild weather and consequently reduced demand for heating purposes.
Regional centres
Electricity Heisdorf : 2624 - 2000 Luxembourg-Ville : 2624 - 5700 Creos Luxembourg S.A. Postal address : Schifflange : 2624 - 5000 Electricity and natural gas L-2084 Luxembourg Wiltz : 2624 - 3000 grid operator Tél. : 2624-1 Fax : 2624-5100 Legal headquarters : Natural gas [email protected] 2, Boulevard Roosevelt Contern : 2624 - 3500 L-2450 Luxembourg creos.net Luxembourg-Ville : 2624 - 5700 Main offices : 2, rue Thomas Edison Workshop and depot L-1445 Strassen Mersch : 2624 - 4000