Significant increase in investment to support the energy transition
Electricity grids and transmission network operators like Terna have an increasingly central role, in the context of major global change, and are faced with challenging objectives linked to sustainability, competitiveness and safety.
compared to the previous plan
Investments in regulated activities for the Strategic Plan 2019-2023
We are ready for the challenge: in our 2019-2023 strategic plan we are set to invest 6.2 billion euros in Italy. This is Terna's greatest financial commitment ever, up almost 20% from the previous plan. The plan enables us to play an active role in the energy transition and helps Italy tackle electricity sector challenges in a safe, efficient and sustainable way.
This significant acceleration in investment will help support the development of the country’s infrastructure, guiding the electricity system towards complete decarbonisation and encouraging full integration of renewable sources into the energy network. At the same time, we must renew the group’s assets to improve service quality and efficiency, invest in digitization, increase network security and stability, and strengthen international interconnections.
As we develop and modernise the national transmission network, we will work even harder to involve all the main local stakeholders in our search for innovative solutions and technologies, thanks to proactive listening and dialogue activities, including the active involvement of residents. In addition, 60% of the new power lines that will come into operation during the plan will be 'invisible', either underground or submarine cables, with reduced environmental impact. Attention to the environment and sustainability is seen as an extraordinary strategic enabler in generating value for the country.
Sustainability, dialogue with communities, innovation, digitization, people and industrial know-how are key elements in our development.