Terna S p A : joins MIT Energy Initiative (MITEI) to drive the energy transition forward

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TERNA JOINS MIT ENERGY INITIATIVE (MITEI) TO DRIVE THE ENERGY

TRANSITION FORWARD

Terna Group will join MITEI's Future Energy Systems Center to facilitate interactions between the MIT researchers and industry, to advance research and develop solutions for the energy transition, including the evolution of the electricity sector

Rome (Italy) and Cambridge, Mass. (USA) June 30, 2022 - The Terna Group, one of the leading European and global electricity transmission operators, will become a member of the MIT Energy Initiative (MITEI), MIT's hub for energy research, education, and outreach. The Italian company, starting July 1, will be the first transmission and system operator to become a MITEI member. This collaboration represents a further step for Terna in strengthening its key role in driving the energy transition and achieving the decarbonization targets set in the European Green Deal.

With a three-year membership agreement, the Terna Group will participate in MITEI's Future Energy Systems Center, which is aimed at facilitating in-depth interactions between MIT's faculty and researchers and member companies to address pressing energy challenges and develop solutions for decarbonization to bring to the marketplace. The Center is pursuing a series of member-funded research activities including projects aimed at the evolution of the electricity sector.

"We are honored to join the MIT Energy Initiative and bring Terna's contribution and expertise to MITEI's Future Energy Systems Center," said Stefano Donnarumma, CEO of the Terna Group. "The goal of the collaboration between Terna and the MIT research community is to combine Terna's experience on grid technology and development with MIT engineering, economic, and regulatory competencies to promote the improvement of the electric grid as a driver for the energy transition and to curb climate change."

"We are grateful to have Terna as a Member of MITEI's Future Energy Systems Center," said Robert C. Armstrong, MITEI director and the Chevron Professor of Chemical Engineering at MIT. "Terna will bring important transmission and electricity system operation wisdom and experience to this consortium, which will help us accelerate progress towards the energy transition."

As a vital component of MIT's Climate Action Plan for the Decade and MITEI's research program, the Future Energy Systems Center conducts integrated analysis of the energy system, providing insights into the complex multisectoral transformations that will alter the power and transportation systems, industry, and built environment.

As a member of MITEI's Future Energy Systems Center, Terna will be represented on the Center Advisory Committee and offer its guidance to the Center and its future research priorities. MIT faculty take in member advice and independently decide the Center's research agenda. Terna will also benefit from joining regular seminars on important emerging energy technologies and topics, as well as periodic interactive workshops for the purpose of disseminating research findings and to facilitate discussion amongst members and MIT researchers concerning ongoing, and prospective research projects.

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About Terna

The Terna Groupis one of the leading European and global electricity transmission operators. It operates the high-voltage national transmission grid with about 75,000 km of lines, around 900 electrical substations throughout the Italian territory and 26 interconnections with foreign Countries. Its mission is to guarantee 24 hours a day, 365 days a year, the secure operation, quality and efficiency of the Italian electricity system and ensure equal access conditions for all market operators. A centre of excellence made up of over 5,100 professionals, Terna plays a guiding role in the energy transition process towards complete decarbonisation and full integration of energy from renewable sources into the grid.

For more information www.terna.it

About the MIT Energy Initiative

The MIT Energy Initiative (MITEI) is MIT's hub for energy research, education, and outreach. Through these three pillars, MITEI plays a catalytic role in accelerating responses to the many challenges facing our global energy system. MITEI's mission is to develop low- and no-carbon solutions to efficiently, affordably, and sustainably meet global energy needs while minimizing environmental impacts, dramatically reducing greenhouse gas emissions, and mitigating climate change. To advance this mission, MITEI brings together researchers from across the Institute and facilitates collaborations with industry and government. MITEI and its member companies and organizations support hundreds of research projects across the Institute.

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