Europe’s electrification ambitions hinge on grid investment

Electrification is central to Europe’s energy transition but network constraints are emerging as a critical bottleneck. Eva Mancera, CEO of i-DE Redes Eléctricas Inteligentes Iberdrola, warns that without faster investment, climate and industrial goals could stall.

Europe’s transition to electrification is moving slower than needed to meet decarbonisation targets. “Electricity still represents only slightly above 20% of total final energy consumption in the EU,” notes Mancera, “a figure that has barely changed in the last decade.”

She emphasises that accelerating electrification is not just about climate. It's a strategic opportunity for industry and innovation. 

“Grids are more than infrastructure. They act as powerful economic drivers,” Mancera says, highlighting their role in fostering investment, high-value jobs, and industrial growth, positioning grids as a cornerstone for competitiveness and sustainable growth. 

Yet capacity is lagging behind in grid development. In Spain, for example, she points out that “only about 10% of the application could be accepted in 2024,” showing the urgent need for investment in network expansion, resilience, and digitalisation. 

She notes: “Investing in grids today is not optional. It’s essential for achieving climate goals, securing energy independence and driving industrial growth."

Mancera concludes: "In Europe and Spain, investing in the grid means investing in progress. Strong smart networks are essential to drive competitiveness and well being." 

Watch the full interview to hear why strong, smart grids are the foundation of Europe’s energy future.

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**This interview was filmed in November 2025 at Enlit Europe in Bilbao, Spain.