THE ELECTRICAL NETWORKS OF THE FUTUR
The electricity industry is currently undergoing a transformation towards new, safer, more efficient and more sustainable consumption models. A key element of this evolution is Smart Grids. Have you heard of them: intelligent networks that incorporate digital technology into traditional grids?
This new electricity system allows for faster energy transition as they are bi-directional grids, i.e. they allow users (homes or businesses) to act not only as consumers, but also as small electricity producers, which reduces losses in the distribution networks.
What are the benefits?
A commitment to decarbonised energy models is expected to continue in the future to mitigate the effects of climate change and initiate the transition to a more sustainable lifestyle.
Many energy companies have already started transitioning to this new energy model. One example is the Spanish utility company Iberdrola, which has announced an investment of 60 billion euros by 2030 to consolidate this energy model.