Sustainable development indicators for the transmission system of an electric utility

✍ Scribed by Cory Searcy; Daryl McCartney; Stanislav Karapetrovic

• Publisher: John Wiley and Sons
• Year: 2007
• Tongue: English
• Weight: 361 KB
• Volume: 14
• Category: Article
• ISSN: 1535-3958
• DOI: 10.1002/csr.124

✦ Synopsis

Abstract

This paper presents a system of sustainable development indicators for the transmission system of a Canadian electric utility. The indicators were developed based on extensive consultations with internal experts at the case utility and external experts in the field of sustainable development indicators. A total of 98 indicators were incorporated into the system, with 70 being developed as a part of this process and 28 representing indicators previously developed by the company. Recognizing the difficulty of working with nearly 100 unstructured measures, four techniques were used to increase the utility of the indicators: (1) the indicators were clustered around eight key priority areas, (2) the indicators were organized according to a hierarchical approach linked to the business planning process, (3) the process of integrating the indicators with existing corporate initiatives was staggered over time and (4) a tiered aggregate was developed. The process of developing the indicators is discussed, with key lessons learned emphasized throughout the paper. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment.