Iberdrola has announced the launch of a Global Smartgrid Innovation Hub. The hub will act as a platform for driving innovation, combining its technological capabilities with that of suppliers, collaborators and start-ups from all across the world.
The innovation hub, located in Spain at the company's Distribution Operation Center in Bilbao, will start operating in the spring of 2021. Iberdrola has already identified more than 120 innovation projects worth €110 million. The initiative will involve the collaboration of more than 200 professionals to develop R+D+i projects related to the new challenges of electricity networks. This will include enhanced digitalization, data analytics and the resilience and flexibility of the network to manage new consumption models, including electric mobility and self-generation.
