Using its business experience and employees' competences the TAURON Group is developing to meet the challenges of the future energy sector.

  • 102-7

The key to maintaining competitiveness is modern management, the use of new technologies, digitization, corporate governance and relationships with the stakeholders, with all these elements jointly forming a compatible and coherent system that allows to efficiently conduct operations at every link in the value chain. Fast changing environment also implies the need to focus on innovation as well as research and development activities.

The potential of intellectual capital covers workforce capital, internal structural capital and external structural capital. It is worth emphasizing that the main component of the TAURON Group’s intellectual capital is the employees’ knowledge and their aggregate competences. Internal structural capital is another important component of intellectual capital. This capital includes technologies, methods and processes that enable the Group to function. Furthermore, research, development and innovation activities are carried out as part of internal projects and including the participation of business partners and the academic community. The last component, external structural capital, is related to intangible market factors. This capital includes the company’s brand and reputation, then network of associates and relations with the stakeholders, with a particular emphasis on relationships with suppliers and customers. The TAURON Group strives to deepen cooperation with the suppliers of technology and know-how, represented both by large industrial conglomerates, as well as by small companies – mainly startups.

Effective intellectual capital management provides a chance to increase adaptive flexibility and carry out transformational activities aligned to changes in the market environment. The TAURON Group adopted the Intellectual Property Policy in 2019, which was a set of rules and standards of conduct with respect to intellectual property management and a description of good practices that are expected from counterparties (contractors) and associates.

Key data on the capital

Main components of the TAURON Group’s intellectual capital:

  • The Group’s strategy focused on creating innovations;
  • Strategic Research Agenda – a road map for the Group’s research and development as well as innovative activities;
  • Knowledge and competences of the Group’s employees;
  • Catalogue of best practices related to the implemented management systems and internal procedures;
  • A developed model of cooperation with universities and vocational schools.

Management of the return on capital

The TAURON Group’s management of return on the capital is performed, first and foremost, through:

  • implementation of projects with respect to research, development and innovations related to the following topics: the customer and his/her needs, intelligent grid services, distributed energy, low-emission production technologies, including also with the use of dedicated NCBiR programs, Horizon 2020, KIC InnoEnergy, the Research Fund for Coal and Steel RFCS;
  • cooperation with start-ups: accelerator programs (Pilot Maker Elektro ScaleUp, KPT ScaleUp, TAURON PROGRES), CVC EEC Magenta;
  • TAURON’s participation in the Govtech Polska Program;
  • cooperation with the Electric Power Research Institute (EPRI);
  • development of the platform called Innovation Zone;
  • workshops with representatives of universities and research institutes;
  • cooperation with leading universities, research units and technology companies from Poland and the EU;
  • organization of competitions for the Group’s employees aimed at supporting innovation;
  • development of IT systems, digitization and robotic automation of selected processes;
  • organization of open days for suppliers and contractors (counterparties).

Results achieved

Results achieved as part of the TAURON Group’s management of intellectual capital in 2019
Results achieved 2019 2018
The number of new research and development projects launched in all of the Group’s lines of business, 18, including 9 projects conducted in cooperation with start-ups 16
Number of projects underway in four portfolios 67 57
Total value of projects underway PLN 178 million PLN 261 million
Co-financing obtained from external sources for the implementation of the R&D projects PLN 48 million PLN 45 million
In 2018, a Corporate Venture Capital (CVC) type fund – EEC Magenta, was established jointly with the Polish Ventures Development Fund, the National Center for Research and Development and EEC Ventures. In 2019, EEC Magenta’s first investment projects were carried out – a PLN 13 million investment in the company Reliability Solutions (RS), specializing in predicting and minimizing the effects of failures. This is the fund’s first investment project.
In 2018, the Pilot Maker program co-financed by the Polish Agency for Enterprise Development as part of the ScaleUp competition, was completed, as a result of which 28 start-ups began cooperating with the TAURON Group’s subsidiaries.
In 2019, the cooperation with several startups was continued, extended pilot projects were implemented and works on 5 projects originally derived from the Pilot Maker program were carried out, including MIGAM (a tool for online communication in real time), the solution o which was deployed for testing at Tauron Sprzedaż.
In 2018, TAURON got involved in the new Pilot Maker Elektro ScaleUp program. In 2019, two rounds of recruitment to the Program were carried out. TAURON’s experts had analyzed more than 60 ideas, and as a result of further selection, 5 startups were invited to cooperation and pilot projects were implemented with such companies with the use of infrastructure of the Group’s subsidiaries.
In 2018, cooperation with the EPRI Institute (USA) was established. In 2019, as part of the cooperation with EPRI, TAURON participated in two research programs: with respect to energy storage and identifying the needs of electricity consumers.
Patents, inventions, know-how developed as part of R&D projects, increasing the potential to improve the Group’s financial result in the coming years – 13 inventions with patent protection in place and another 7 being under registration.

Search results: