Vision and Mission

Vision 

A sustainably prosperous company: ČEPS aims to ensure steady growth in the value of the Company for its shareholders with an appropriate return on equity corresponding to the level of the three best European transmission system operators comparable in terms of system size and generation mix.

A highly respected company: ČEPS aims to be an internally sound and informationally transparent company which has clear and unambiguous ties with both its partners and the general public, works to a high professional level within the various European organisational structures in which it is involved and is assertive when necessary.

An active company: ČEPS aims to be actively involved in the process of the creation of a common European electricity market and to foster the rapid integration of the CEE electricity market with that of Western Europe.

  

Mission

ČEPS’s mission is to ensure the reliable operation and further development of the Czech transmission system, facilitate international cooperation with regard to interconnected networks and to provide transmission system users with electricity transfer, system services and non-discriminatory access to the transmission system at competitive prices.

 The safe and reliable operation of the Czech power system forms an implicit part of the Company’s mission and is one of its basic responsibilities. The Company is well aware of the importance of a reliable power supply for the Czech economy as well as for the overall energy security of the country and considers this issue to be one of the principal quality parameters of the services the Company provides.

 The Company plays a unique role in the efficient functioning of the electricity market. The Company’s involvement in the further development of a competitve market environment together with information transparency are viewed by the Company as important components of its mission. With the gradual integration of the common EU electricity market and the creation of market regions, the fulfilment of the Company’s mission is becoming increasingly interwoven with its partner companies – transmission system operators in neighbouring countries.