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IBERDROLA EARMARKS €13.6 MILLION FOR R&D IN 2011, 4.6% MORE THAN IN 2010

  • Facing new energy challenges
  • The EU Industrial R&D Scoreboard ranks IBERDROLA first in Spain and fourth in Europe in innovation among electricity companies
  • IBERDROLA holds second call for the Perseo Awards, which seek to promote research in energy, supporting cutting-edge projects aimed at meeting future challenges

IBERDROLA spent €136 million on R&D in 2011, 4.6% more than in 2010.Funds were used to carry out over 150 projects aimed at tackling emerging energy challenges

IBERDROLA has become a benchmark in innovation. The company has embarked on initiatives in the fields of renewable energies, smart networks, the electric vehicle and clean generation technologies.

This firm commitment has made IBERDROLA the most innovative electricity utility in Spain and the fourth in Europe according to the EU Industrial R&D Investment Scoreboard.

Last year, IBERDROLA held the second call for the Perseo Awards, which seek to promote research in energy, supporting cutting-edge projects aimed at meeting future challenges. The awards have two categories: new products for energetic efficiency and innovative biomass technologies. Wattio was the winner and the Servitel runner-up in new products for energy efficiency. Ingelia was the winner in innovation biomass technologies.

Meanwhile, in a move to underscore its commitment to management excellence, the company has expanded the scope of certification of its R&D management system under the UNE 166002 standard, which already covers its main areas: engineering, generation, renewables, grids and the corporation.

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