The efforts of Red Eléctrica regarding R&D+i are directed towards achieving a position of international reference in this field, fulfiling the technological vision of the Company: integrating technological innovation and development as a strategic activity, securing a position of leadership within the TSO sector.
In 2016, Red Eléctrica approved a new innovation strategy with the purpose of boosting innovation as a lever for growth, cultural change and improvement of the Group's sustainability. This initiative aims to extend innovation to all areas of business activity, focusing mainly on four vectors: digitalisation, people, sustainability and technology.
In the international arena, of note is the Company's participation in ENTSO-E's Research and Innovation Roadmap 2013-2022, which establishes the technological strategy of the European TSOs to meet the targets of the European Union's energy policy (20-20-20).
Red Eléctrica also collaborates with the European Platform for Technology and Innovation in Electricity Grids (ETIP) within the SET Plan of the EU.
For years, the company's R & D & I spending has been growing steadily. In 2016 this spending was € 8.6 million, targeting more than 70 projects.