Swissgrid AG - Company Profile

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Business Description

Swissgrid AG (Swissgrid) transmits electricity across Switzerland. It operates, maintains, modernizes and expands the transmission system. The company provides additional services, such as balance group and congestion management or ancillary services as part of the European and Swiss grid operation. Swissgrid, apart from transmitting electrical energy, also provides ancillary services to ensure a secure electricity supply. The company works closely in collaboration with the power plant operators.

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R&D Overview

Swissgrid collaborates with national and international research institutions to ensure safe and cost-effective performance in the future. The company's project portfolio aligns with strategic goals and includes internal activities and projects with universities and Swiss partners. Key initiatives focus on exploiting synergies between innovation, efficiency, and climate, addressing climate change risks and opportunities through digitalization projects. These projects include the use of IoT sensors for monitoring pylon stability and forecasting photovoltaic production to support system operation and dynamic line rating. Swissgrid also focuses on preparing the transmission grid for future energy reforms by developing new technologies and methods for efficient and secure energy transmission. The company supports research projects and offers internships in areas such as automation/digitalization in system operations and asset management, new technologies/methods for energy transmission, grid stability, and increasing public acceptance for grid projects.

Business Segments

Overview

Reports expenses and income for active power loss in the transmission grid. In addition to tariff revenue, a portion of ITC revenue goes to this segment. Energy is purchased to compensate for the loss of active power through the spot market and bidding.

Performance

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Overview

The segment is primarily funded through charges for using the grid. This segment also includes compensation for international transit flows, with the rest recognized in the active power loss segment.

Performance

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Overview

Supply of reactive energy to maintain the required operating voltage is provided through contracts with several power plants.

Performance

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Performance

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