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Terna - Rete Elettrica Nazionale Società per Azioni
Terna - Rete Elettrica Nazionale Società per Azioni

Energy / Electricity Transmission and Infrastructure

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Overview
Terna - Rete Elettrica Nazionale Società per Azioni is an Italian company that operates the national electricity transmission grid. It was founded in 1999 and is headquartered in Rome, Italy. Terna's main role is to ensure the safe, reliable, and efficient transmission of electricity throughout Italy.
Terna is responsible for managing and maintaining the transmission grid, which includes over 74,000 kilometers of high-voltage lines and 240 electricity substations. The company uses advanced technologies and strategies to monitor and control the flow of electricity, ensuring that supply and demand are balanced and that the grid remains stable.
In addition to its core activities, Terna also plays a crucial role in promoting the development of renewable energy sources in Italy. The company works closely with renewable energy producers to connect their facilities to the grid and facilitate the integration of clean energy into the national electricity system.
Terna is a publicly traded company and is listed on the Italian stock exchange. It is majority-owned by state-owned energy company Enel, with the Italian government holding a golden share in the company to protect its strategic importance.
Overall, Terna plays a critical role in the Italian energy sector, ensuring the reliable and efficient supply of electricity and paving the way for a cleaner and more sustainable energy future for the country.
What is special about the company?
Terna - Rete Elettrica Nazionale Società per Azioni (Terna) is a unique company in that it is the sole operator of the Italian high-voltage electricity transmission grid. This means that Terna plays a critical role in ensuring the reliable and efficient delivery of electricity to homes and businesses throughout Italy.
Some other notable aspects of Terna include:
1. High-Quality Infrastructure: Terna has invested heavily in its infrastructure, with a focus on utilizing the latest technological advancements to improve the reliability and flexibility of the electricity transmission grid.
2. Commitment to Sustainability: Terna is committed to promoting sustainable development and reducing its environmental impact. The company has made significant efforts to integrate renewable energy sources into its grid and implement innovative solutions for energy storage and management.
3. International Presence: Terna is not only a key player in the Italian energy market but also has a significant international presence. The company has operations in several other countries, including Brazil, Greece, and Montenegro.
4. Financial Stability: Terna has a strong financial structure and has consistently demonstrated financial stability and growth over the years. This stability allows the company to invest in new projects and technologies to continuously improve its services.
5. Corporate Social Responsibility: Terna places a strong emphasis on corporate social responsibility, including initiatives focused on promoting education, sustainability, and social inclusion. The company also actively engages with local communities to address their needs and concerns.
Overall, Terna is recognized as a reliable, innovative, and socially responsible company, making it a leader in the energy sector both within Italy and internationally.
What the company's business model?
Terna - Rete Elettrica Nazionale Società per Azioni is the national grid operator for electricity transmission in Italy. Its main business model involves managing and maintaining the high-voltage electricity transmission grid, ensuring the reliable and safe distribution of electricity across the country.
Terna generates revenue primarily through a regulated tariff system, which is set by the Italian energy regulator to cover its operational costs and investments in grid infrastructure. This tariff is paid by electricity producers and suppliers for using the transmission grid.
In addition to its core business of grid operation, Terna also offers services such as grid maintenance, system security and stability, and energy management. The company also operates in the renewable energy sector, investing in and developing projects related to renewable energy sources and promoting sustainable energy use.
Terna also has partnerships and collaborations with other energy companies and research institutions, working towards the upgrade and modernization of the national grid through the implementation of innovative technologies.
Overall, Terna's business model focuses on providing essential services to ensure the efficient and secure distribution of electricity across Italy while actively promoting the transition towards a more sustainable and renewable energy future.
Interesting facts about the company
1. Terna is the primary electricity transmission system operator in Italy, responsible for the management of the national high-voltage electricity grid.
2. The company was founded in 1999 as a subsidiary of Enel, the largest electricity company in Italy, and was later privatized in 2005.
3. Terna operates over 73,000 kilometers of electricity transmission lines, connecting over 450 high-voltage substations.
4. The company is listed on the Milan Stock Exchange and is a component of the FTSE MIB stock market index.
5. Terna is committed to sustainable development and has set a goal to reduce its carbon footprint by 15% by 2020.
6. In addition to its operations in Italy, Terna is also involved in various international projects and has a presence in countries such as Greece, Montenegro, and Brazil.
7. In 2019, Terna launched the Museo Terna (Terna Museum), an interactive museum dedicated to the history of electricity and its role in society.
8. Terna has won several awards for its commitment to innovation and sustainability, including being recognized as one of the World’s Most Ethical Companies by the Ethisphere Institute for four consecutive years (2017-2020).
9. The company actively invests in research and development, collaborating with universities and research centers to develop new technologies and solutions for the electricity sector.
10. Terna is also involved in various social initiatives, supporting local communities through projects focused on environmental protection, education, and cultural heritage preservation.
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