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The Croatian Electric Utility Company Benchmarking Project

This project defines benchmarks for all core business activities of the Croatian Electric Utility Company (HEP), district heating companies and natural gas distribution companies. It proposes a model for monitoring the business results achieved by HEP Group, and establishes a structure of business indicators for the following bodies: HEP’s Management Board, HEP’s Supervisory Board, the Croatian Energy Regulatory Council, various Croatian ministries, the Government of the Republic of Croatia etc.

The project illustrates the theory behind benchmarking as a management tool. It provides two sets of indicators (technical and economic) for each area of HEP’s operation. The experience gained in developed countries has carefully been studied when developing the set of indicators for HEP’s core activities - generation, transmission and distribution of electricity. In conformity with the existing business environment within HEP Group, business solutions tailored to suit the needs of its Management Board and Supervisory Board were presented in the study.

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