Italian Grid Operator Increases Investments to $12.5 Billion

Italy is enhancing its overall energy security by significantly increasing investments in both energy transition and conventional hydrocarbon infrastructure. By 2027, the Italian grid operator SNAM will invest approximately $12.5 billion or 11.5 billion euros in its energy transition business, covering transport, liquefied natural gas infrastructure, and storage. This represents a 15% increase from its previous strategic plan (2026), with a primary focus on improving the overall flexibility of its energy system. According to SNAM, EUR 7.4 billion…