Innovation is one of the main tools for a company to guarantee its sustainability, efficiency and competitiveness. In our case, our continued commitment to innovation has made us the most innovative Spanish utility, and the third most innovative in Europe, according to the European Commission's classification.
The digital revolution and the need to combat climate change, together with the recent COVID-19 pandemic, but above all, have put the reindustrialisation debate on the table. A new type of industrialisation that, rather than using out-dated models, is based on ones that back digitalisation and sustainability.
An efficient home enables you to save energy and some methods of making these improvements such as a façade with insulating properties, windows that don't lose heat and to control water consumption are quite affordable. Let's look at how you can make your home even more environmentally friendly.
At Iberdrola group we have begun a pilot project based on using blockchain to guarantee, in real time, that the energy supplied and consumed is 100 % renewable. Using this technology, we have managed to link plants where electricity is produced to specific points of consumption, allowing the source of the energy to be traced. This increases transparency and ultimately encourages the use of renewable energy.
According to Oxford Economics data, the Industrial Internet of Things (IIoT) can impact industries that account for 62 % of GDP in the G20 countries. Some of these include manufacturing, energy and food. The application of IIoT in industry promises to become the biggest driver of productivity and innovation in the next decade.
Iberdrola is strongly committed to industry, innovation and infrastructure and contributes directly to achieving Sustainable Development Goal 9. The group is committed to accelerating its investments in renewable energy, digitisation and electric mobility to promote inclusive and sustainable industrialisation. Therefore, it has launched an unprecedented investment plan worth 75 billion euros with a 2025 horizon, designed to stimulate the industrial sector and employment in the countries within its areas of influence.