Terna was founded in 1999 as a result of Italy’s energy market liberalization, and since then, it has grown to become a key player in the European energy market. The company operates and maintains the country’s high voltage power grid, ensuring that electricity is delivered safely and efficiently to homes, businesses, and industries across the country.
One of Terna’s main objectives is to accelerate the transition towards a low-carbon economy. The company has set ambitious targets to reduce greenhouse gas emissions, increase renewable energy integration, and promote energy efficiency. In 2020, Terna launched a Green Bond Program to finance sustainable projects and initiatives aimed at reducing the environmental impact of its activities.
Terna is also at the forefront of innovation in the energy sector. The company is investing in digitalization and smart grid technologies to increase the efficiency and reliability of the power grid. In 2020, Terna launched an innovative project to create a 3D digital twin of the Italian power grid, which will allow real-time monitoring and analysis of the grid’s performance.
Terna’s commitment to sustainability and innovation has not only had a positive impact on the environment but also on the Italian economy. The company’s investments in renewable energy and grid infrastructure have created new job opportunities and spurred economic growth. In 2020, Terna invested over €2 billion in the Italian energy sector, contributing to the country’s post-pandemic recovery.
Moreover, Terna is also committed to supporting the communities where it operates. The company has launched several initiatives aimed at promoting social inclusion and environmental education, such as the “Terna per l’Italia” project, which provides funding for cultural and social projects across the country.
In conclusion, Terna’s positive impact on Italy’s energy sector and economy cannot be overstated. The company’s commitment to sustainability, innovation, and social responsibility has made it a leader in the European energy market and a crucial partner in the country’s path towards a more sustainable and prosperous future.