José Folgado Blanco

Part of Redeia Corporacion SA, Red Electrica de Espana SA is a company that specializes in the management of the Spanish electricity system. The company is based in Alcobendas, Spain. Red Electrica de Espana provides information on the functioning of the electricity system, including reports on the use of renewable energy sources. The company also has a sustainability plan with 190 actions to be implemented by 2025. Red Electrica de Espana promotes knowledge about the energy transition and the active role of consumers through its itinerant exhibition. The company is involved in strategic projects such as the Peninsular-Ceuta link, which aims to integrate Ceuta into the peninsular electricity system, and the interconnection with France through the Gulf of Bizkaia. The company also manages the reversible pumping hydroelectric power station Salto de Chira, which is essential for the sustainability of a new energy model based on renewables in the Canary Islands. The company was founded in 1985. Roberto Garcia Merino has been the CEO of the company since 2007.