Spain
Red Eléctrica de España, SAU
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Other, Manufacturing & Production
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Description
Red Eléctrica was the first company in the world dedicated exclusively to the transmission of electricity and the operation of electrical systems. A pioneer in its class, today it maintains a leadership position in these activities.
Since its creation in 1985, it took charge of the transmission network and the operation of the Spanish electricity system, anticipating recent world trends towards the segregation of activities, establishing transmission as a separate activity from generation and distribution. This fact represented a radical change in the functioning of the Spanish electricity sector and has been one of the models that has allowed other countries to establish liberalized systems.
Since its creation in 1985, it took charge of the transmission network and the operation of the Spanish electricity system, anticipating recent world trends towards the segregation of activities, establishing transmission as a separate activity from generation and distribution. This fact represented a radical change in the functioning of the Spanish electricity sector and has been one of the models that has allowed other countries to establish liberalized systems.
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