About Elia group Austria
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6 FAQs about [Elia group Austria]
What is Elia Group investing in?
Elia Group is investing €12.5 million in SET Fund IV, a €200 million international venture capital fund managed by SET Ventures. This capital will be invested progressively over the next 4 years in European start-ups that are developing digital technologies and services and are mature enough to be scaled up.
How reliable is Elia Group?
With a reliability level of 99.999 percent, Elia Group provides society with a robust electricity grid. We operate an electricity transmission system with voltage levels between 30 and 400 kilovolt (kV), and 50Hertz transports electricity over high-voltage levels of 150, 220 and 380 kilovolts (kV).
What services does Elia Group provide?
In addition to its activities as a transmission system operator, Elia Group provides consulting services to international customers through its subsidiary Elia Grid International.
What makes Elia Group unique?
At Elia Group we are continuously exploring innovations to tackle the challenges of the fast-changing energy landscape The evolution towards a consumer-centric and sustainable energy system means we have to introduce state-of-the-art technologies into our processes and ways of working.
Does Elia Group have a sustainability strategy?
In recent years, sustainability has become a core part of Elia Group's strategy. Our ACT NOW plan defines concrete and measurable objectives which outline how we will embed sustainability into our business processes in the years ahead.
Why is Elia Group A key player in the energy system?
We also continuously optimise our operational systems and develop new market products so that new technologies and market parties can access our grid, thus further facilitating the energy transition. As a key player in the energy system, Elia Group is committed to working in the interest of society.
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