Industries / Electricity & Utilities
Enterprise risk management for electricity and utilities
Generators, networks and municipal distributors answer for supply, safety and revenue. We help you see, own and report those risks.
- Risks with an owner
- 100%
- Assets in one view
- 3
Six risks that recur across every engagement
Each one appears in the register with an owner, a rating and a treatment plan.
Supply and plant failure
Generation and network failures that interrupt supply.
Ageing assets
Maintenance backlogs on plant, lines and substations.
Revenue and non-payment
Unpaid accounts, theft and losses that erode revenue.
Regulation and tariffs
Licence conditions, tariff decisions and market reform.
Safety and environment
Contractor safety, emissions limits and compliance.
Cyber and control systems
Attacks on the systems that run plant and grid.
Inherent rating, before controls
The frameworks your register has to answer to
We map each obligation to a risk, a control and an owner, so the register and the compliance universe are one document rather than two.
- Electricity Regulation ActLicensing, tariffs and market rules, overseen by NERSA.
- Grid CodeTechnical rules for connecting to and operating on the grid.
- OHS ActSafety for staff and contractors on plant and networks.
- NEMA and Air Quality ActEnvironmental authorisations and emission limits.
- PFMA and MFMAFinancial governance for state and municipal utilities.
- King VRisk governance for boards.
Three services most electricity and utilities clients begin with
Built around keeping supply running
Timed around operations
Sessions are planned around outages, peak periods and board meetings.
Technical and corporate risk in one register
Plant and network risk sits alongside finance and compliance, rated on the same scale, so the board sees one picture.
Evidence on hand
Controls and actions are recorded in a secure workspace your team keeps updating, so a regulator or audit request is answered from live records.
A reliable and professional service provider on governance and risk management. Their services improved our risk management practices, with clearer risk assessments, named owners and better reporting.
SceloChief Director: Municipal Governance, COGTATop risks agreed in 5 days
Giving an oil and gas operator a clear view of its top risks
Read the storyBefore you book
What are the main risks in electricity and utilities?
Key risks include supply and plant failure, ageing assets, revenue and non-payment, regulation and tariffs, safety and environment, cyber and control systems.
How can risk management help in electricity and utilities?
It can help you protect supply, assets and revenue across the grid.
What services does KeyDimension offer for electricity and utilities?
We offer assessments, compliance, workshops, training, board reporting, fractional cro.
How do I get started?
Request a free assessment and we will contact you to book a time.
Start with a free assessment
Book with our team. A review of where your risk management stands today and a recommended next step.
Request a Free Assessment