Management of risk in substations

The objective of the established WG was to investigate the risk management approach and the experiences of utilities associated with management of risks in substations. The Working Group reviewed the feedback and experience from utilities in terms of Operation, Maintenance and Dismantling with a focus on extension and modification of existing substations. This brochure defines what is commonly referred to as Enterprise Risk Management (ERM) and is provided as a guide and a tool for businesses of all types to assist in managing the risks of impacts associated with their business activities.