Our innovation model 5c2c6n
Innovation, a strategic pillar for Iberdrola o3039
At Iberdrola, we are committed to an innovation model that drives the development of disruptive and sustainable technologies that in turn consolidate the energy transformation.

Our vision in of innovation is to drive the development of disruptive and sustainable technologies, aligned with the key drivers of the transformation of the energy sector: decarbonising energy generation, through the massive integration of renewable energies, promoting smart grids and electrifying the demand.
At Iberdrola, we are the world's leading private energy company in of investment in R&D&I (Research, Development and Innovation) according to the European Commission. After investing €384 million in 2023, we set the target of reaching €4 billion by 2030. In this way, we seek to improve our processes, the operating conditions and safety of our facilities, as well as to reduce our environmental impact.
An innovative effort focused on five main bases 5py5j
Our figures xi51
Data from our Innovation Report 2022 and our Strategic Plan 2026

€M/year investment in R&D

ongoing projects per year

in the Universities Programme

start-ups in the PERSEO ecosystem
Start-up Challenge 4d6p3
We are committed to technology start-ups to help us find innovative solutions to improve our operations and minimise our environmental impact.
Open innovation and collaborations 27164p
At Iberdrola, we promote training and research in innovative and sustainable projects, generating an interconnected and highly valuable innovative ecosystem. To this end, we collaborate with various institutions in universalising energy services, promoting knowledge in specific areas of science, energy, information technology, and in R&D&I projects.
Innovation management c44o
For executing our innovative activity, the Company has an open and decentralised R&D&I management model, with the participation of technology suppliers, universities, foundations, technology centres and industrial organisations through different programmes and subjects.
-
Decentralised, because the process is carried out independently in each business unit, ed and coordinated by the Innovation Directorate.
-
Open, because we consider ourselves a technology-driven company, and as such, it is our vocation to involve the Group's technology suppliers in our innovation process.
Innovation news 6s3f3z
26 August 2024
More about our innovation model
Articles from our guest authors