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Best in Class in R&D

Following the clear strategy contained in the R&D Plan 2014, innovation is Iberdrola’s primary tool for guaranteeing the Company’s sustainability, efficiency, and competitiveness, based on three core points:

  • Efficiency, focused on continuous optimization of our operations, facilities and materials management, operations and maintenance cost reductions, and reduction in environmental impact. Thanks to the participation of all employees in IBERDROLA Group, there are more than 200 R&D projects which are developing with an impact on the business in the short and medium term.
  • New products and services that respond to the needs of customers in a market that is increasingly global and competitive. These are projects that employing existing technology become business models which offer the most efficient and environmentally respectful supply of electricity, equipment and technologies. These include projects highlighting electrical efficiency, electric vehicles, smart grids and distributed generation.
  • Disruptive technologies and business models that allow us to face the energy challenges of the future. Through Perseo, IBERDROLA’s corporate venture capital programme, we invest in disruptive technologies and new businesses that ensure the sustainability of the energy model.

Thanks to the human and financial efforts (170 million euros in 2014) expended on R&D, we are today at the forefront of developing new products, services, and business models that are transforming the energy sector.

Awards to Iberdrola Innovation in 2014

Thanks to the continuous commitment to innovation, IBERDROLA has been awarded in 2014 with the following awards:


Computing award, in the field of innovation and technologies of information, given by the Computing magazine.

Award for Best practices in innovation, given by KPMG-El Confidencial.

Award to R&D REGALIZ project to ‘process for sustainable development’ in the European Environment Awards.

ScottishPower has been awarded in the European Smart Meters Awards 2014 in the categories of "Innovation in customer service" and "implantation innovation”.


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