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.
VIA is a start-up based in Boston that uses Artificial Intelligence and blockchain to help power companies prevent and predict equipment errors in the transformation and distribution of energy.
Atten2, a company in which Iberdrola has a stake and is linked with the Ika 4 Tekniker Research Centre, was one of the guests at Innoday 2018. Its CEO, Edgar Martínez, presented the innovative technology of its Oilwear sensor, which supplies key information for designing a predictive maintenance strategy.
The Iberdrola group is today one of the largest utility companies in terms of market capitalisation and a leader in renewables. Innovation plays a key role in our aim to consolidate our position as the energy company of the future, as demonstrated by Innoday 2018.
MeteoFlow is a comprehensive system for predicting medium and long-term meteorological variables at all types of renewable facility. Entirely developed by Iberdrola Renovables, it is celebrating its fifteenth anniversary in 2019, and its latest goal is already clear: to predict sea conditions. Pilar Orellana, the manager in charge of monitoring the project's results, gives you a detailed description of the forecasting system.
The world will have to invest $90 trillion in sustainable infrastructure by 2030, according to estimates by The New Climate Economy. These investments are crucial not only to renew old equipment in developed countries and bring them in sync with the fight against climate change, but also to bolster green economic growth in emerging markets and developing countries.
The fight against climate change is one of the main challenges facing the planet today. To minimise its negative impact, the aim is to achieve a climate neutral economy by 2050. The transition to this will imply structural changes with a strong impact on certain regions, areas and groups. Such a transition must be fair, to avoid leaving anyone behind.