MASE finances 22 smart grid projects

National Grid UK profit above guidance with rising inflation

(Tiper Stock Exchange) – Green light from MASE – Ministry of the Environment and Energy Security al financing of 22 projects for adjustment and upgrading interventions electricity distribution networks designed to accommodate energy produced from renewable sources and to allow greater electrification of consumption. The approved projects will allow distribution networks to accommodate additional 9.8GW (against a target of at least 5GW) and to increase the available power by approx 8.5 million inhabitants.

Thus a new goal set by the end of the year by the PNRRwhich he dedicates to smart grid a total investment of 3.6 billion euros.

“The commitment of the government and of MASE in creating the conditions to increase the renewable energy that Italy needs must necessarily be accompanied by interventions that strengthen the infrastructures and enhance their distribution capacity”, stated the Minister Picettospecifying that “smart grid projects go exactly in this direction”.

“We are ready and will do everything we can to work on energy transformation and achieve the environmental goals signed up for in international fora”, he added.

With the publication of the decree for admission to funding for efficient heating networksFurthermore, the Ministry of the Environment and Energy Security achieves all the deadlines set by the National Recovery and Resilience Plan for this year within the timescales agreed with the EU.

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