Innovation in our businesses 15g57
Innovation is a strategic variable for the Iberdrola Group and is our main tool for guaranteeing the sustainability, efficiency and competitiveness of the company.

Thanks to our strategy of anticipation, which transcends the different business units and geographical areas of the company, at Iberdrola we are the leading private energy company in the world in investment in R&D&I (research, development and innovation) according to the European Commission and its report the 2024 Industrial R&D Investment Scoreboard External link, opens in new window.. After investing €384 million in innovation in 2023, we set the target of reaching €4 billion by 2030, focusing on disruptive technologies that will enable us to meet the challenges of the new energy system.
Leaders in sustainable innovation 10345q
Our vision in of R&D&I consists of promoting the development of innovative and sustainable technologies, aligned with the fundamental vectors of the transformation of the energy sector, decarbonisation and the electrification of the economy. This is the only way to improve our processes, operating conditions and the safety of our facilities, while also reducing our environmental impact.
We promote a culture of innovation and creativity in our different businesses, such as electricity generation with renewable energies, electricity grids and solutions and services for our customers, as well as in cross-cutting areas.
Financing 32142g
Some of our innovation projects are co-financed by Iberdrola, in collaboration with different financing programmes. Find all the information on financing for innovation projects here.