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.
Clean energy 4a2p3y
We seek continuous improvement in the efficiency of our facilities and the processes associated with production to integrate clean energies into the electricity system in a sustainable, safe and affordable way.
Grids 3i5r3j
We are improving customer service, maintaining and expanding the smart grids and grid digitalisation model, and moving towards greater integration between electricity generation and demand.
Customers 3673m
We are committed to ongoing research into clean generation technologies, as well as the development of new products and services adapted to the needs of our customers in a changing energy market.
Technological innovation 1z6u5d
We seek strategic opportunities to improve the efficiency and productivity of our services and products for the Group's businesses in all the geographies in which we operate.
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.