Adnkronos Rome, 25 March (Adnkronos) – With the 2024-2028 industrial plan, which includes investments of 17,7 billion euros (+7%) over the five years, Terna confirms its strategic objectives, to fulfill its role as national Transmission System Operator. At the heart of the strategy for energy transition and independence: sustainable infrastructural development, integration of renewables and storage systems, interconnections with foreign countries.
The group led by CEO Giuseppina Di Foggia, in fact, will have to enable the integration of new renewable generation capacity through the expansion of the network infrastructure, to be planned and implemented together with the development of storage systems and the increase in the adequacy of the electrical system. It will also be necessary to promote greater energy independence of the national electrical system. The renewable capacity that will be installed in the coming years also has the objective of reducing Italy's dependence on commodities imported from foreign countries.
Only the maximum integration of renewables and the most efficient management of energy flows, Terna emphasizes, will be able to guarantee Italy a safer and more independent energy future, with a decrease in price volatility for the end user. Terna will also have to guarantee the energy transmission service to the country, with absolute quality standards in an increasingly changing scenario, as well as ensure the highest level of security of the transmission network, both in terms of protection of physical assets and cybersecurity, introducing innovative digital and technological solutions to face new challenges. Finally, a fundamental objective will be that linked to increasing the resilience of infrastructures, in the face of the intensification of the frequency of extreme weather events.
While maintaining the underlying strategic lines unchanged, the update of the 2024-2028 Industrial Plan reinforces the concept of Dual Transition – Energy and Digital, necessary to guarantee a fair and inclusive Just Transition for all stakeholders. In the update of the 2024-2028 Industrial Plan, the sustainability of investments, the group further emphasizes, is confirmed as an essential element for the creation of value for the company and for the system as a whole. In fact, over 99% of Terna's interventions are considered sustainable according to the admissibility criteria introduced by the European Taxonomy.
The Terna Group's development activities will continue to be focused along two strategic lines: Regulated Activities in Italy and Non-Regulated Activities. Regulated activities in Italy will continue to represent the Group's core business. Terna plans to invest a total of €16,6 billion in the five-year period 2024-2028 to develop and modernise the national electricity transmission grid. This is the highest regulated investment plan ever for Terna, with an increase of 7% compared to the previous Plan.
Terna has made significant progress in the execution of its main projects, which have shown significant progress over the last 12 months in terms of authorisations and supply chain: approximately 90% of investment projects have been authorised by the competent Authorities (compared to 79% in March 2024) and approximately 80% of them are covered by procurement contracts (compared to 70% in March 2024).
In the update of the 2024-2028 Industrial Plan, Terna plans to invest a total of 10,8 billion euros over five years for the development of the national electricity transmission grid. On 14 March 2025, Terna presented the 2025-2034 Development Plan which envisages over 23 billion euros of investments over a ten-year time horizon (+10% compared to the previous 2023-2032 Ten-Year Plan). Terna will invest 3,6 billion euros for asset renewal and efficiency activities, compared to approximately 2,9 billion euros planned in the previous Plan. Terna's investments for the Security Plan rise to 2,3 billion euros, compared to approximately 1,7 billion euros planned in the previous Plan. Thanks to all the planned investments, the value of the regulated assets (Regulatory Asset Base, Rab) will grow from 22,5 billion euros in 2024 to approximately 32 billion euros in 2028, with a Compound Annual Growth Rate (Cagr) of approximately 9% over the Plan period, an improvement compared to the 8% of the previous Plan. At the end of 2025, the Rab will be equal to 24,8 billion euros.