DEEP - DONG Energy Excellence Program
The DONG Energy Excellence Programme is one of the Group’s selected focus areas. DEEP is inspired by the LEAN philosophy, which best matches our corporate values and requirements. The vision of the programme involves developing a culture of change that generates ongoing, substantial and permanent improvements, expands employee competencies and creates a more attractive workplace.

The programme is running in the form of pilot projects throughout the organisation. For example, a DEEP process has been conducted for the budget procedure in one of our business segments. The goal was to create a better overview of the budget process and reduce the time spent on budgeting. The project resulted in a 50% reduction of the time spent by management on the budget while also creating a better overview of the overall budget by developing and standardising the spreadsheets used in the process. The programme will be implemented in all parts of the Group by the end of 2009.

We also lead the global fight against CO2
The fight against CO2 knows no boundaries. Accordingly we are pursuing climate projects aimed at reducing CO2 emissions in a sustainable manner around the globe. These projects result in CO2 reductions that wouldn’t have occurred if the climate project in question had not been implemented.



We purchase EU quotas, i.e. permissions to emit CO2 in the EU and we invest in climate projects. This effort contributes to DONG Energy fulfilling its obligation to reduce the emission of green house gases within EU’s quota trade system.

The projects that we invest in help us reach our climate goal and at the same time we support sustainable development in the countries where we work. The projects are among others exploiting excess heating to produce electricity in China , energy efficiency enhancement in India, water power plants in Peru, district heating in Russia, wind farms in Estonia and Lithuania and small sun cell systems in Bangladesh

We are responsible for DONG Energy’s portfolio of gas, electricity and CO2 in terms of development, optimisation and hedging. We ensure a long-sighted portfolio – from 2 till 15 years – and this form the basis of our long-sighted investment decisions and strategy.

The analytic work covers overall monitoring of market development and impacts on our portfolio to detailed calculations of required capacities on for instance gas import to the Danish/Swedish markets. Furthermore we prepare business cases on selected business activities and use them in our strategy work and business plans.

We focus on commercial issues and our core competence is to bind together analyses and business. Our colleagues possess vital analytic skills enabling them to comprehend our specialists and have unique business understanding and know how to communicate. We focus on combing theory and practice to ensure business results. 

We work closely with other analysts in the organisation, with our representatives and sales managers. Part of our job is to participate in negotiations in international and regional gas companies. Furthermore we often are in charge of project management in strategy and development projects.

In Portfolio Optimisation our primary focus is the development of quantitative market based valuation models. One specific example of this is an ongoing project where we seek to develop a quantitative model which is responsible for the price simulation of both spot and forward prices. This model aims to deliver market-implied prices to a broad range of valuation tasks in our everyday work, such that we can support and assist the Front Office traders in their investment/trading decisions.

The development of such models requires employees who have profound knowledge of financial theory, mathematics and statistics. The current blend of employees in Portfolio Optimisation are individuals who pose these features.