Italy’s Grid Operator to Invest $25 Billion to Back Renewables Rise ...Middle East

OILPRICE - Economy
Italy’s Grid Operator to Invest $25 Billion to Back Renewables Rise
source : OILPRICE ( Middle East ) () 76
Italy’s power grid operator Terna SpA plans to invest more than $25 billion (23 billion euros) over the next ten years to facilitate the integration of renewable energy sources and boost the transport capacity of the grid, the company said on Friday in its 2025-2034 development plan. The investments represent a 10% increase compared to the previous plan. The upgrades and new links in the plan through 2034 “are essential to the pursuit of national and European targets in terms of energy transition and independence, resilience and efficiency…

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