Our business model

We produce electricity using wind, water, sun and natural gas. We do so with business approach that we developed during our over 80-year history and that involves directly managing our facilities and being actively present in the areas we serve.

We produce energy using a combination of programmable and non-programmable production sources (wind, water, natural gas), which are complementary, flexible and dynamic, with a common specific goal: to generate clean energy. Programmable sources can be managed according to energy demand and make it possible for us to take part in the electricity market as system operators.

Since electricity cannot be stored, production must always match consumption. Efficient programming of our production assets is therefore essential: this is what our Energy Management department deals with as it works to optimise production according to the needs of the electricity market.

Our business model is based on the clear choice of being a green operator whose electricity production mix is balanced between programmable (water and natural gas) and non-programmable sources (wind and sun).
The Group's organisational structure is characterised by the definition of two macro-roles:

ERG S.p.A. – Corporate, which provides strategic guidance, is directly responsible for business development processes and ensures the management of all business support processes. Following the organisational changes that took place in 2019 and in the first half of 2020, the company has been organised into the following areas:
  • Business Development and Mergers & Acquisitions
  • Engineering Development
  • Corporate General Manager & CFO;
  • Regulatory & Public Affairs
  • Corporate & Legal Affairs

The Corporate General Manager & CFO area includes the areas of Group Administration, Planning, Control & Reporting, Finance, Group Risk Management & Corporate Finance, Investor Relations & CSR, Procurement, Human Capital & ICT and Communication with the goal of placing under a single General Management Department the activities pertaining to the main services supporting the Business.

ERG Power Generation S.p.A., which is assigned responsibility for the Group's industrial and commercial processes, is organised into:
  • Wind, Thermo, Hydro and Solar generation technologies, which in turn are organised into production units on a geographical basis;
  • Energy Management & Sales, as a single entry point to organised markets and the main clients/counterparties;
  • a centre of process engineering technological excellence relative to the different generation technologies;
  • a structure dedicated to managing health, safety and environmental protection issues for the entire Group.

     

"One Company" Project

Following completion of our industrial reconversion process, during 2016  we have undertaken an intense programme of corporate, organisational and operational consolidation, in keeping with the new mission and industrial dimension as independent European electricity system operator (IPP – Independent Power Producer).

Coming within this context is the "One Company" project, giving rise to a major revision of the Group's organisational and corporate structure, with a view to making it more suited to our new business model. The corporate reorganisation, effective from 1 January 2017, envisaged the merger by incorporation of ERG Services S.p.A. into ERG S.p.A.and the merger by incorporation of ERG Renew S.p.A. and ERG Renew Operations & Maintenance S.r.l. into ERG Power Generation S.p.A.

The group's organisational structure is characterised by the definition of two macro-roles:

ERG S.p.A – Corporate – which provides strategic guidance, is directly responsible for business development processes and ensures the management of all business support processes.

• ERG Power Generation S.p.A., which is assigned responsibility for the Group's industrial and commercial processes.