Iberdrola invested €337.5 million in Research, Development and Innovation (R&D&I) activities in 2021. This amount represents an increase of 51% compared to the previous year, when the figure stood at €293 million.
These resources have been allocated primarily to projects related to renewable energy, smart grids, digital transformation, green hydrogen and the development of customised solutions for its customers. As a result, the electricity company's accumulated investment in R&D&I over the last decade exceeds €2 billion.