Our approach

Terna integrates its service goals with those of economic performance. The two aspects come together in our pursuit of operating efficiency and opportunities for growth, while fulfilling our service obligations, in particular the reliability of the electric system.

In Italy, Terna has a monopoly in the transmission of electricity, and therefore cannot expand its business and increase its revenue by achieving a larger market share. The Company pursues these goals mainly in the following ways:

  • prompt carrying out of the investment scheduled in the Grid Developmenti Plan;
  • pursuit of operating efficiency and optimisation of its capital structure;
  • unregulated lines of business, which consist mainly of services performed for other companies that own electricity networks, as well as telecommunications and consultancy services in the transmission field;
  • acquisition of new assets, in particular the remaining segments of the National Transmissioni Grid that Terna does not own. This process concerned the three-year period 2006-2008 and was given a significant boost in 2009 by the acquisition of Enel’s high-voltage lines, which are now owned by TELAT; 
  • business opportunities in fields other than transmission, such as the project for exploiting assets by constructing photovoltaic plants on land adjacent to electric stations.

Other growth opportunities lie in the expansion of our activities abroad. After the sale of our Brazilian subsidiary, Terna Participações, the search for new opportunities for investing in the transmission field has focused on the southern Mediterranean area and the Balkans, where a number of projects – regarding in particular the construction of interconnection lines – are being developed.