Multinational electric utility Iberdrola has given an update on its smart meter installation programme in Spain as it hits the three million mark nationally, local media report.

Iberdrola, based in Bilbao, is deploying meters under the STAR project – Sistemas de Telegestión y Automatización de la Red or ‘Network Remote Management and Automation Systems’, requiring the replacement of 10.3 million analogue meters with smart devices.

Iberdrola announced this week that it had deployed 974,255 new smart meters in the Valencia region, which is divided into three provinces – Valencia, Castellón and Alicante.

The company expects to install its one millionth smart meter after completing much of the province of Castellón, which now totals 344,178 meters.

Smart grid expansion

One of the most prominent projects in the region includes the expansion of the smart grid in the city of Valencia. The province already has 330,768 meters installed, while in the province of Alicante, Iberdrola began expanding smart grids simultaneously in the regions of Marina Alta and Comtat.

Iberdrola is also deploying a smart grid network in the cities of Alicante, Elche and Torrevieja, with the updating of 150 processing centres in each locality.

The company distributes electricity to approximately 3.4 million points of supply in the Valencia region through an infrastructure consisting of more than 130 substations, around 23,200 processing centres, about 3,400 kilometres of lines of high and very high voltage and over 57,000 kilometres of lines and low voltage.