(Alliance News) - Terna Spa announced on Wednesday that the authorization process for the construction of the Adriatic Link, the new submarine direct current power line that will connect Abruzzo and Marche, for which Terna will invest more than EUR1 billion involving about 120 direct and induced companies, has been started by the Ministry of Environment and Energy Security.

The work will increase the exchange capacity between the central-south and central-north areas of the country by about 1,000 MW, increasing the safety, efficiency and resilience of the entire national electricity transmission grid.

"The Adriatic Link, a work included by Terna in its 2018 Development Plan, is a state-of-the-art project from a technological and environmental point of view. The 'invisible' power line, about 250 km long in total, will consist of two submarine cables of about 210 km and two land cables of about 40 km. The two conversion stations will be built in the vicinity of the respective existing power stations of Cepagatti in the province of Pescara for Abruzzo, and Fano in the province of Pesaro-Urbino for the Marche, and will have a very small impact on the territory," the company explained in a note.

The laying of the cables in the sea will reach a maximum depth of 100 meters.

"Recognizing its strategic importance, the Regulatory Authority for Energy Networks and Environment has in fact requested its entry into operation two years earlier than originally planned: the Adriatic Link will play a leading role in the development and integration of renewable sources contributing to the decarbonization of the Italian energy system and will further strengthen Terna's role as a director and enabler of the ecological transition, as well as Italy's role as the electricity hub of Europe and the entire Mediterranean area."

Terna trades down 0.1 percent at EUR7.24 per share.

By Claudia Cavaliere, Alliance News reporter

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