Glossary

Term Definition  
ACE Affordable Clean Energy. Regulatory Environment
ACGR Annual Compound Growth Rate. Comparative Results and Awards
ANEEL Agência Nacional de Energia Elétrica (National Electrical Energy Agency). Networks
Manufactured Capital
CDE Cuenta de Desarrollo Energético (Energy Development Account). Regulatory Environment
CEF Corporate Environmental Footprint. Natural Capital
CEO Chief Executive Officer. Iberdrola, a Different Company
Comparative Results and Awards
CFE Comisión Federal de Electricidad (Federal Electricity Commission). Regulatory Environment
Risks
CNMV Comisión Nacional del Mercado de Valores (National Securities Market Commission). Corporate Governance Model
COSO Committee of Sponsoring Organizations of the Treadway (Internal Control System). Corporate Governance Model
CPP Clean Power Plan. Regulatory Environment
EBITDA Earnings Before Interests, Taxes, Depreciations and Amortizations. Company Performance
Key Figues
Business Model
Strategic Foundations for 2018-2022
Comparative Results and Awards
Networks
Wholesale and Retail
Renewables
Financial Capital
Regulatory Environment
EPA Environmental Protection Agency. Regulatory Environment
EPD Environmental Product Declaration. Natural Capital
ERM Entreprise Risk Management. Risks
EU European Union. The Future of Energy
Regulatory Environment
Wholesale and Retail
Financial Capital
Three Lines of Defence
FFO Funds from operations. Key Figues
Iberdrola, a Different Company
Strategic Foundations for 2018-2022
GDP Gross Domestic Product. Letter from the Chairman & CEO
Iberdrola in Spain
Iberdrola in the United Kingdom
Iberdrola in the United States
Iberdrola in Brazil
Iberdrola in Mexico
Iberdrola, a Different Company
Capital Management
GHG Greenhouse Gas. Iberdrola, a Different Company
Regulatory Environment
Natural Capital
HVDH High Voltage Direct Current. Manufactured Capital
ICFRS Internal Control Over Financial Reporting System. Three Lines of Defence
IIRC International Integrated Reporting Council. Financial Capital
About this Report
LBG London Benchmarking Group. Iberdrola, a Different Company
Social and Relationship Capital
NECEC New England Clean Energy Connect. Iberdrola in the United States
Strategic Foundations for 2018-2022
Networks
Manufactured Capital
NYSEG New York State Electric and Gas Corporation. Networks
Ofgem Office of Gas and Electricity Markets (UK). Regulatory Environment
Networks
Wholesale and Retail
Manufactured Capital
PIEC Plan Integrado de Energía y Clima (Integrated Energy and Climate Plan). Regulatory Environment
PPA Power Purchase Agreement. Risks
RAB Regulated Asset Base. Networks
RG&E Rochester Gas and Electric. Networks
RIIO-D1 Revenue = Incentives + Innovation + Outputs. Distribution 1. Networks
RIIO-T1 Revenue=Incentives + Innovation + +Outputs. Transmission 1. Networks
ROE Return on equity. Networks
RSPB Royal Society for the Protection of Birds Scotland. Social and Relationship Capital
SBTi Science Based Targets. The Future of Energy
SDGs Sustainable Development Goals. Letter from the Chairman & CEO
Iberdrola, a Different Company
Human Capital
Natural Capital
Social and Relationship Capital
Corporate Governance Model
Ethics and Sustainable Development
SP ScottishPower. Networks
SPD ScottishPower Distribution. Networks
SPM ScottishPower Manweb. Networks
TCFD Task Force on Climate-related Financial Disclosures. The Future of Energy
Iberdrola, a Different Company
WACC Weighted average cost of capital Networks
Renewables