Compliance and Transparency Enhancement

Overview

Elia, the Belgian electricity transmission system operator, needed to comply with European regulations on data transparency to avoid penalties and maintain its reputation.

Objectives

The project's main objectives were to ensure compliance with European regulations and manage organizational changes impacting data transparency.

Challenges

The project faced challenges such as coordinating compliance efforts across multiple stakeholders and projects and managing the budget and resources effectively.

Solutions

The project developed and communicated a program strategy and operating model. It also managed stakeholders and coordinated with Regulatory Affairs to ensure compliance.

Results

• Achieved regulatory compliance and improved transparency
• Enhanced stakeholder engagement and change management processes

Conclusion

The project successfully ensured Elia's regulatory compliance, improving data transparency and stakeholder management.