Annual Report 2016
Managing Director’s Review
Sound economic development
The past year continued with balancing SESKO's economy so that, after several years of effort, a reasonably positive financial result was achieved. This was mainly due to the significant reduction in personnel costs which was in turn affected by adaptation of resources over a number of years as well as reassessment of processes and controlled digitization when and where it was found to bring added value. New ways of working were introduced and processes were developed to better meet current needs.
Operating environment pressure and customer feedback
The continuous and accelerating emergence of innovations and new technologies within SESKO's operating environment has a significant impact on monitoring and reacting in the field of standardization. It is therefore necessary to continuously review how standardization is prioritized and resources are allocated. Therefore, in the spring, SESKO conducted a customer survey enquiring experts from companies and communities involved in standardization about their views on the benefits and development of electrotechnical standardization as well as the usability of standards.
More than 90% of the experts responded to the survey found participation in standardization beneficial for their employers as it improves knowledge capital and competence plus by anticipating they will be able to adapt to future changes and stay ahead of development. In addition, more than 80% of the respondents considered that participation makes it possible to gain the most up-to-date information for your business and increases your know-how. The participating experts are able to contribute to the development of their industry and network with other players in the field. More than 70% of experts believed that participation gives them a competitive advantage as well as an ability to distribute their own ideas into standards.
LEDs and solar photovoltaic
LEDs and photovoltaic were at SESKO's focus during 2016. LEDs have revolutionized the lighting industry and their winning streak is still going on. That also shows in standardization and business investments. The growth in the solar photovoltaic capacity globally has contributed to the energy market. Now the operating environment of the industry is changing with new concepts, regulations and standards. Solar power plays a role in micro networks and distributed energy generation. In Finland, the interest in solar photovoltaic and its small production has also increased abundantly. Experts interested in solar photovoltaic participated in an event organized by SESKO in 2016, which introduced different angles of standardization and the organization of this area in Finland. Standards and regulations form the basis for operators in the electricity business also in the field of solar photovoltaic. The EU Commission Regulation 2016/631 establishing a network code on requirements for grid connection of generators was published. International and European standards for photovoltaic equipment were intensely revised, where SESKO and the national players in the field channeled their involvement.
Taking advantage of digitization for the future
According to a mission for Finnish electrotechnical standardization set by SESKO's Board, SESKO generates standards for the success of electrical industry and our entire society in a digitizing world. In 2025, SESKO is going to be a community of excellence in electrotechnical standardization building our electronic future. The key elements in carrying out the future vision are the utilization of digitization, anticipation and influencing the content of standards.