The role of trust and local territories in the energy transition│Catia Bastioli (chairwoman Terna)

At the sidelines of the State of the Union 2018, Jean-Michel Glachant (Director FSR) and Catia Bastioli (Chairwoman Terna) discuss the new industrial plan of Terna, the Italian TSO for electricity. The plan foresees a 5.3 billion euro of investment in the 2018-2022 period and is going to focus on sustainability and territories. Ms Bastioli highlights the importance of a global vision while keeping the “roots” in the local communities and territories. Undeniably, the major obstacle to the energy transition is not the lack of technologies but the limited ability so far to involve regions and communities actively in the transition. Industrial players and institutions must be transparent, include people and propose solutions that create trust and lead to the regeneration of territories and communities. This move is indispensable to reconcile the needs of the economy and climate with the needs and aspiration of society. Without it, the acceptability and the speed of the energy transition cannot be given for granted. visit the Florence School of Regulation website: fsr.eui.eu