Smart grids

At the Iberdrola Group, we consider grids to be a key factor both for the electrification of the economy and for the revitalisation of the territories in which we operate. That is why we consider regulated assets, together with renewable energies, to be key factors in our strategy.

85% of grids investments are targeted at markets with closed frameworks for the coming years, and 80% of the gross profit of this business is protected from inflation and interest rates. These investments will allow us to increase the asset base to €54bn by 2026 – €12bn more than in 2023 and 38% more than in 2022.

We already operate one of the world's largest distribution systems, with more than 1.3 million kilometres of distribution and transmission lines, more than 4,500 substations and more than 1.6 million transformers, built and operated to provide a high-quality and reliable service to more than 33.67 million electricity supply points.

At Iberdrola, we continue to work on the modernisation, digitalisation and automation of its grids as a key element in improving the quality of the distribution system and to guarantee the mass incorporation of renewables in the near future, as well as to promote the electrification of mobility, buildings and industry.

We strongly believe that the transition to a decarbonised and fully renewable system is not possible without modern and flexible transmission and distribution grids that are capable of efficiently integrating new, emission-free power. As a result, in recent years the Iberdrola Group has installed around 15 million smart meters worldwide, and remote management, monitoring and automation capabilities have been incorporated into the grid. By the end of 2025, more than 21 million smart meters will be installed and 83 % of our assets will be in countries with an A rating. By the end of 2023, 78% of our high and medium voltage grids were already smart grids.

This is allowing us to respond to new trends in its relationship with its clients, offering them more personalised products and services and more active management of their electricity consumption. In parallel, we are also making great efforts to minimise the impact of our facilities on the environment, while launching challenges through the PERSEO tart-up Programme in search of innovative solutions to further reduce this impact.

All these efforts have led the our Group to become a world leader in the development and deployment of smart grids.

If you want to know the Iberdrola Group's distributors by country, you can find them in the following links: