STAR Project: a global benchmark in smart grids investments
As a result of the STAR Project (Remote Network Management and Automation System), with an investment of €2 billion, more than 11.4 million intelligent meters have been installed and provide remote management and automation capabilities to more than 90,000 transformation centres.
The Iberdrola group, through its subsidiary in Spain, has completed the process of digitising its distribution network in the country with the installation of more than 10.8 million digital meters and their supporting infrastructure, as well as the adaptation of around 90,000 transformation centres, to which remote management, supervision and automation capabilities have been added. This digitisation process has meant an investment of €2 billion. Following the completion of the STAR project, the installation of smart meters has continued, with a total of more than 11.4 million meters having been installed.
This transformation to an intelligent infrastructure in the networks means we are moving forward in our strategy of energy transition. We are contributing to the decarbonisation of the economy, improving the efficiency of the network, optimising demand management and promoting the integration of more renewable energies and electric mobility.
Ignacio Galán, chairman of the Iberdrola group
STAR project has meant that quality of supply is three times higher than in 2001
This means we are also responding to new trends in relations with our customers, who are demanding more personalised products and services and a more active management regarding how energy is consumed.
Today, apart from being pioneer in the deployment of smart grids and a world leader in excellence and technological innovation, we are an international benchmark in this field.
Iberdrola, a world leader in smart grids
Smart grids are essential for our renewable energy to reach consumers safely and efficiently in any country in the world. At Iberdrola, we operate one of the most important distribution systems in the world and we continue to work on its modernisation, digitalisation and automation.
That is why, in our record investment plan of €47 billion over the period 2023-2025, we are focusing on smart grids in addition to renewables. In particular, €27 billion will be allocated to smart grids to reach an asset base of €56 billion by 2025.