Spanish homes to get smart meters

The European Investment Bank (EIB) is funding €325 million (£227.5m) to improve the electricity grid in Spain.

Spanish company Iberdrola will use the cash to reform the electricity network and install more than three million smart meters in homes across 10 regions. They include Madrid, Valencia, Pais Vasco and Navarra.

The EIB claims the project will help consumers save money on energy bills and reduce carbon emissions. Román Escolano, EIB Vice President said: “The reform of the electricity network will help reduce waste while the replacement of smart meters will help householders use electricity efficiently.”

Truong Duy

Same Category

Energy efficiency and climate neutrality in Europe’s real estate sector: striving for sustainable building practices

05/11/2024

A high-renewables grid with faster transmission buildout can save $270 billion or more 04/11/2024
Advancing energy efficiency at UNDP Iran 04/11/2024
Nova Scotia puts almost $22 million toward energy efficient housing programs 02/11/2024
Canada Piloting New Ways to Make Homes More Energy-Efficient and Affordable 28/10/2024

Ireland's Public Sector avoided an estimated €2.5 billion in energy spend since 2009 28/10/2024

Public bodies and Government Departments are 32.5% more energy efficient than in 2009.
Canada helping food processing businesses lower costs 27/10/2024

Investments by the governments of Canada and Ontario through the Sustainable Canadian Agricultural Partnership (Sustainable CAP) are resulting in over $16 million worth of energy cost savings projects to help food processing businesses increase energy efficiency and lower their costs.
Reaching 45% solar generation would save US Southeast utilities $20 billion/year 27/10/2024

Annual savings of $20 billion are possible across six Southeastern states by reaching 45% solar generation by 2035, according to a national laboratory study.
Thailand's largest cement producer commits $6.3 billion to green transition 26/10/2024

Thailand's largest cement producer, Siam Cement Group (SCG), plans to invest THB 200 billion (about 6.3 billion USD) over the next five years to enhance the competitiveness of its subsidiaries, SCG Chemicals and SCG Cleanergy, in order to assist the parent company in accelerating emission reductions.
Camden launches scheme to help local businesses save energy 25/10/2024

Camden council (UK) will be offering free support to nearly 125 local businesses for reducing energy consumption, cutting costs and lowering carbon emissions.
Demand-side actions could help construction sector deliver on net-zero targets 25/10/2024

Using state-of-the-art energy efficiency technologies to renovate existing properties and construct new ones could enable Europe's construction sector to almost eliminate its carbon emissions by 2060, a new study suggests.
UNECE helps Moldova move towards more energy efficient building sector 24/10/2024

The building sector in Moldova, consuming 53% of the nation’s energy, is dominated by aging structures lacking modern efficiency measures. At the International Forum in Chisinau, experts explored innovative solutions to retrofit these buildings and promote energy efficiency, driving Moldova toward a more sustainable future.
WA Gov boosting local energy efficiency 24/10/2024

The Western Australian Government is investing $500,000 in a sustainability and climate action initiative that aims to help households and small businesses improve their energy efficiency and save money on energy bills.