A long-term time horizon is fundamental for business strategies, especially if you are responsible for an entire country’s transmission grid.
It is specifically for this reason that the 2019-2023 Strategic Plan "Grids and Values - Accelerating a Sustainable Growth", which details the investments Terna plans for the next five years, represents an important stake in the difficult path towards achieving the energy transition objectives, with a strong focus on land development, grid security and service quality.
After a year that closes with an increase in the main economic and financial indicators, the Group’s attention has shifted to the future of the grids.
A substantial financial commitment has been prepared for the five-year period: the highest ever with 6,2 billion in investments, 20% more than in the previous plan, most of which are focused on the development of the national electricity grid, with works on the rationalisation of power lines, interconnections with foreign countries and the construction of new underground or undersea cables with lower environmental impacts.