Terna, the first grid operator for electricity transmission in Europe, joins the “Stanford Energy Corporate Affiliates” (SECA) programme, the corporate affiliate program for the Precourt Institute for Energy

From the left: Massimiliano Garri, Head of Innovation & Market Solutions Terna and Liang Min, Managing Director for the Bits and Watts Initiative, Stanford (photo Terna)

(PRESS RELEASE) ROME, 7-Oct-2022 — /EuropaWire/ — Terna S.p.A. (BIT: TRN), the first grid operator for electricity transmission in Europe, has announced that it joined the “Stanford Energy Corporate Affiliates” (SECA) programme, the corporate affiliate program for the Precourt Institute for Energy. The has actually become the first Italian company to participate in the programme, which also includes the Bits&Watts initiative, promoted by the Precourt Institute for Energy, the Stanford University department for research, education and raising awareness on energy issues.

The new partnership signed today by the company that manages the Italian high voltage electricity grid and by the ‘Precourt Institute’ aims to combine the skills and knowledge of academia and industry to analyse the main challenges related to the energy industry and identify innovative solutions to foster the evolution of the electricity sector and accelerate the transition to an “affordable, low carbon energy system”.

Stanford is one of the most prestigious universities in the world with a research budget that, in 2022, raised $1.69 billion in donations, in particular to found a new school dedicated to the study of the main challenges related to sustainability and climate change. With a five-year agreement with the American university, Terna, by joining the ‘’Stanford Energy Corporate Affiliates’ programme as an ‘Elite Member’, will participate in the Advisory Council of the initiative and will be able to contribute to the definition of strategic guidelines and to the planning of the activities for the programme.

Among the main advantages of the project there is also the possibility for some of Terna’s people to participate in specific studies and research projects, on topics of interest to the company, as part of the visiting scholarship programme. An opportunity to actively collaborate with teachers and researchers at the Stanford and, above all, an opportunity for growth and development for selected young Terna employees who can also act as a liaison in the collaboration between Terna and Stanford.

The company led by Stefano Donnarumma, which manages approximately 75,000 km of high voltage electricity grid in Italy, will also benefit from joining workshops and numerous sector events, organised by the Precourt Institute for Energy, which will also ensure, in addition to an expansion of knowledge on the issues of energy and decarbonisation, an important opportunity for networking and discussion between all the stakeholders involved in the research projects.

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SOURCE: TERNA S.p.A.