On 1 November 2005, Gestore della Rete di Trasmissione Nazionale SpA changed its name to Gestore del Sistema Elettrico - GRTN SpA. The new company, just as the former one, is owned by the Ministry of Economy and Finance, which exercises its rights jointly with the Ministry of Productive Activities. The latter Ministry also formulates the company’s strategic and operational guidelines.
On the above-mentioned date, GRTN’s electricity dispatching, transmission and grid development assets were transferred to Terna SpA in accordance with Prime Minister’s Decree of 11 May 2004. As a result, GRTN is now focused on managing, promoting and incentivising renewables, an activity that it previously carried out in part.
GRTN will continue to play a key role in the scheme incentivising electricity generation from renewable and assimilated sources (Decision 6/92 of CIP-Interministerial Committee on Prices) and to manage the market system based on Green Certificates.