TOTAL GROUP | July-September 2026 GWh vs. 2025 | |
Renewables (1) | 18,985 | 5.9% |
Onshore wind | 9,316 | 2.2% |
Offshore wind | 1,812 | 2.0% |
Hydro | 4,754 | 5.3% |
Mini-hydro | 151 | 121.7% |
Solar | 2,934 | 20.0% |
Nuclear | 6,234 | 2.7% |
Gas Combined Cycle | 2,758 | 71.0% |
Cogeneration | 1,276 | -10.3% |
TOTAL PRODUCTION FROM CONTINUING OPERATIONS(1) | 29,252 | 8.2% |
Production from discontinued operations | - | -100.0% |
Year GWh | 2026 vs. 2025 | |
64,881 | 0.9% | |
31,015 | 1.1% | |
6,122 | 16.0% | |
20,290 | -6.3% | |
428 | 32.2% | |
6,973 | 10.7% | |
16,780 | 0.9% | |
5,758 | 51.2% | |
3,141 | -1.7% | |
90,560 | 3.0% | |
3,936 | -54.4% | |
SPAIN | July-September 2026 GWh vs. 2025 | |
Renewables | 7,782 | 3.8% |
Onshore wind | 1,639 | -12.4% |
Hydro | 4,484 | 6.6% |
Mini-hydro | 151 | 121.7% |
Solar | 1,508 | 11.8% |
Nuclear | 6,234 | 2.7% |
Gas Combined Cycle | 2,750 | 73.5% |
Cogeneration | 270 | -32.7% |
TOTAL | 17,035 | 9.5% |
Year 2026 GWh vs. 2025 | |
26,506 | -2.5% |
6,077 | -8.9% |
16,493 | -0.7% |
428 | 32.2% |
3,509 | -2.0% |
16,780 | 0.9% |
5,708 | 52.9% |
772 | -30.8% |
49,767 2.2% | |
Hydro Reservoir levels at end of the quarter
50,0% (5.638 GWh)
UK | July-September 2026 GWh vs. 2025 | |
Renewables | 1,570 | -0.6% |
Onshore wind | 879 | 13.9% |
Offshore wind | 686 | -14.7% |
Solar | 5 | 16.4% |
TOTAL | 1,570 | -0.6% |
Year 2026 GWh vs. 2025 | |
5,886 | 18.5% |
3,300 | 30.8% |
2,574 | 5.9% |
12 | 5.6% |
5,886 18.5% | |
US | July-September 2026 GWh vs. 2025 | |
Renewables(1) | 5,359 | 17.6% |
Onshore wind | 4,274 | 18.0% |
Offshore wind | 168 | 146.6% |
Hydro | 6 | 112.6% |
Solar | 894 | 5.7% |
Gas Combined Cycle | 1 | -53.7% |
Cogeneration | 1,006 | -1.6% |
TOTAL(1) | 6,367 | 14.1% |
Year 2026 GWh vs. 2025 | |
17,858 | 9.2% |
15,100 | 6.6% |
509 | N/A |
33 | -6.6% |
2,164 | 8.7% |
14 | 59.2% |
2,369 | 13.8% |
20,242 9.8% | |
null
null
TOTAL PRODUCTION FROM CONTINUING OPERATIONS(1)
29,252
8.2%
90,560
3.0%
Production from discontinued operations
-
-100.0%
3,936
-54.4%
null
null
TOTAL
17,035
9.5%
49,767
2.2%
Hydro Reservoir levels at end of the quarter
null
null
TOTAL
1,570
-0.6%
5,886
18.5%
null
null
TOTAL(1)
6,367
14.1%
20,242
9.8%
(1) Including 18 GWh and 19 GWh of production from fuel cells in Q3 2026 and Q3 2025, respectively, totalling 53 GWh and 49 GWh in 9M 2026 and 9M 2025, respectively.
General note: Figures reported in Ibewatch are net of transactions during the period. Operating data for Mexico reported under discontinued operations.
BRAZIL | July-September 2026 GWh vs. 2025 | |
Renewables | 1,788 | -14.5% |
Onshore wind | 1,467 | -15.5% |
Hydro | 264 | -13.2% |
Solar | 57 | 14.1% |
Gas Combined Cycle | - | N/A |
TOTAL | 1,788 | -14.5% |
Year 2026 GWh vs. 2025 | |
7,269 | -21.0% |
3,344 | -17.0% |
3,764 | -24.8% |
161 | -0.9% |
14 | -10.2% |
7,283 -20.9% | |
REST OF THE WORLD | July-September 2026 GWh vs. 2025 | |
Renewables | 2,485 | 12.3% |
Onshore wind | 1,056 | -4.9% |
Offshore wind | 958 | 5.9% |
Solar | 470 | 139.5% |
Gas Combined Cycle | 7 | -72.4% |
TOTAL | 2,492 | 11.4% |
Year 2026 GWh vs. 2025 | |
7,360 | 12.0% |
3,194 | -2.5% |
3,039 | 10.7% |
1,127 | 104.3% |
22 | -56.3% |
7,383 11.5% | |
null
null
TOTAL
1,788
-14.5%
7,283
-20.9%
null
null
TOTAL
2,492
11.4%
7,383
11.5%
General note: Figures reported in Ibewatch are net of transactions during the period. Operating data for Mexico reported under discontinued operations.
TOTAL GROUP | September MW | 2026 %Weight |
Renewables (1)(2) | 46,437 | 81.2% |
Onshore wind | 21,137 | 36.9% |
Offshore wind (2) | 2,949 | 5.2% |
Hydro | 12,623 | 22.1% |
Mini-hydro | 203 | - |
Solar | 8,774 | 15.3% |
Batteries | 738 | 1.3% |
Nuclear | 3,177 | 5.6% |
Gas Combined Cycle | 6,692 | 11.7% |
Cogeneration | 900 | 1.6% |
TOTAL CAPACITY FROM CONTINUING OPERATIONS(1)(2) | 57,205 | 100.0% |
Capacity from discontinued operations | - | - |
September MW | 2025 %Weight |
44,031 | 76.6% |
20,170 | 35.1% |
2,438 | 4.2% |
12,855 | 22.4% |
234 | - |
7,817 | 13.6% |
503 | 0.9% |
3,177 | 5.5% |
6,692 | 11.6% |
954 | 1.7% |
54,853 | 95.5% |
2,600 | 4.5% |
SPAIN | September MW | 2026 %Weight |
Renewables | 23,435 | 72.0% |
Onshore wind | 6,690 | 20.5% |
Hydro | 10,823 | 33.2% |
Mini-hydro | 203 | 0.6% |
Solar | 5,508 | 16.9% |
Batteries | 212 | 0.6% |
Nuclear | 3,177 | 9.8% |
Gas Combined Cycle | 5,695 | 17.5% |
Cogeneration | 264 | 0.8% |
TOTAL | 32,570 | 100.0% |
September 2025 MW %Weight | |
22,936 | 71.4% |
6,522 | 20.3% |
10,823 | 33.7% |
234 | 0.7% |
5,146 | 16.0% |
212 | 0.7% |
3,177 | 9.9% |
5,695 | 17.7% |
318 | 1.0% |
32,125 100.0% | |
UK | September MW | 2026 %Weight |
Renewables | 3,288 | 100.0% |
Onshore wind | 2,209 | 67.2% |
Offshore wind | 908 | 27.6% |
Solar | 19 | 0.6% |
Batteries | 151 | 4.6% |
TOTAL | 3,288 | 100.0% |
September 2025 MW %Weight | |
3,158 | 100.0% |
2,079 | 65.8% |
908 | 28.8% |
19 | 0.6% |
151 | 4.8% |
3,158 100.0% | |
US | September MW | 2026 %Weight |
Renewables(1)(2) | 10,485 | 92.6% |
Onshore wind | 8,343 | 73.7% |
Offshore wind (2) | 403 | 3.6% |
Hydro | 119 | 1.0% |
Solar | 1,607 | 14.2% |
Gas Combined Cycle | 204 | 1.8% |
Cogeneration | 636 | 5.6% |
TOTAL(1)(2) | 11,325 | 100.0% |
September 2025 MW %Weight | |
9,741 | 92.1% |
7,976 | 75.4% |
208 | 2.0% |
119 | 1.1% |
1,425 | 13.5% |
204 | 1.9% |
636 | 6.0% |
10,581 100.0% | |
null
null
TOTAL CAPACITY FROM CONTINUING OPERATIONS(1)(2)
57,205
100.0%
54,853
95.5%
Capacity from discontinued operations
-
-
2,600
4.5%
null
null
TOTAL
32,570
100.0%
32,125
100.0%
null
null
TOTAL
3,288
100.0%
3,158
100.0%
null
null
TOTAL(1)(2)
11,325
100.0%
10,581
100.0%
(1) Including 13 MW installed capacity of fuel cells.
(2) Reported installed capacity for Vineyard Wind 1 includes only turbines already exporting as of September 30, 2026.
General note: Figures reported in Ibewatch are net of transactions during the period. Operating data for Mexico reported under discontinued operations.
BRAZIL | September MW | 2026 %Weight |
Renewables | 3,407 | 86.1% |
Onshore wind | 1,554 | 39.3% |
Hydro | 1,682 | 42.5% |
Solar | 161 | 4.1% |
Batteries | 11 | - |
Gas Combined Cycle | 550 | 13.9% |
TOTAL | 3,957 | 100.0% |
September 2025 MW %Weight | |
3,617 | 86.8% |
1,554 | 37.3% |
1,914 | 45.9% |
149 | 3.6% |
- | - |
550 | 13.2% |
4,167 100.0% | |
REST OF THE WORLD | September MW | 2026 %Weight |
Renewables | 5,823 | 96.0% |
Onshore wind | 2,341 | 38.6% |
Offshore wind | 1,637 | 27.0% |
Solar | 1,479 | 24.4% |
Batteries | 365 | 6.0% |
Gas Combined Cycle | 243 | 4.0% |
TOTAL | 6,066 | 100.0% |
September 2025 MW %Weight | |
4,580 | 95.0% |
2,040 | 42.3% |
1,322 | 27.4% |
1,078 | 22.4% |
140 | 2.9% |
243 | 5.0% |
4,823 100.0% | |
null
null
TOTAL
3,957
100.0%
4,167
100.0%
null
null
TOTAL
6,066
100.0%
4,823
100.0%
null
null
TOTAL ELECTRICITY
69,752
4.3%
206,947
5.8%
IBERDROLA: Distributed Energy (Provisional)ELECTRICITY | July-September 2026 GWh vs. 2025 | |
Spain | 24,994 | 4.8% |
UK | 12,058 | 3.1% |
US | 9,844 | -1.0% |
Brazil(1) | 22,857 | 6.9% |
TOTAL ELECTRICITY | 69,752 | 4.3% |
Year 2026 GWh vs. 2025 | |
70,468 | 2.4% |
39,161 | 22.8% |
28,436 | -0.4% |
68,882 | 3.9% |
206,947 5.8% | |
GAS | July-September 2026 GWh vs. 2025 | |
US | 6,719 | -21.8% |
TOTAL GAS | 6,719 | -21.8% |
Year GWh | 2026 vs. 2025 | |
41,925 | -10.7% | |
41,925 | -10.7% | |
null
null
TOTAL GAS
6,719
-21.8%
41,925
-10.7%
(1) Adjusted figures, including distributed generation
General note: Figures reported in Ibewatch are net of transactions during the period. Operating data for Mexico reported under discontinued operations.
IBERDROLA: Emissions Indicators (Provisional)9M 2026 | |
C02 owned emissions over the period (gr. CO2 /kWh): Total | 43 |
C02 emissions over the period (gr. CO2 /kWh): Europe | 50 |
C02 emissions over the period (gr. CO2 /kWh): Spain | 61 |
C02 emissions over the period (gr. CO2 /kWh): UK | - |
C02 emissions over the period (gr. CO2 /kWh): USA | 41 |
C02 emissions over the period (gr. CO2 /kWh): Brazil | 1 |
C02 owned emissions over the period (gr. CO2 /kWh): RoW | 2 |
Ratio emission-free owned production to total production: Total (%) | 90% |
Ratio emission-free production to total production: Europe (%) | 89% |
Ratio emission-free production to total production: Spain (%) | 87% |
Ratio emission-free production to total production: UK (%) | 100% |
Ratio emission-free production to total production: USA (%) | 90% |
Ratio emission-free production to total production: Brazil (%) | 100% |
Ratio emission-free production to total production: RoW (%) | 100% |
Emission-free owned installed capacity: Total (%) | 87% |
Emission-free installed capacity: Europe (%) | 85% |
Emission-free installed capacity: Spain (%) | 82% |
Emission-free installed capacity: UK (%) | 100% |
Emission-free installed capacity: USA (%) | 93% |
Emission-free installed capacity: Brazil (%) | 86% |
Emission-free installed capacity: RoW (%) | 96% |
9M 2025 |
57 |
41 |
49 |
- |
44 |
- |
5 |
86% |
92% |
90% |
100% |
89% |
100% |
99% |
84% |
84% |
81% |
100% |
92% |
87% |
95% |
Iberdrola member in all editions
Dow Jones Best-in-Class Index 2025
Ranking
Index
Sustainability Yearbook 2026 S&P Global Top 10% S&P Global CSA Score
MSCI Global Sustainability Index Series Iberdrola selected AAA
CDP Climate Change 2025 A List
Sustainalytics Iberdrola among the utilities with the lowest risk
ISS-ESG Iberdrola selected as Prime
FTSE4Good Selected in the index since 2009
Equileap Top 100 Globally for gender equality
EcoVadis Iberdrola among companies with best performance
2026 World's Most Ethical Company Iberdrola selected. Only Spanis company in energy included
ECPI Iberdrola selected in several Sustainability Indices
InfluenceMap Iberdrola among the companies with the best performance
Standard Ethics Iberdrola included in the SE European Utilities Index
Forbes Iberdrola selected in Forbes 2026 GLOBAL 2000: World's
Largest Public Companies
WBA Electric Utilities Benchmark
Iberdrola among the most influential Electric utilities of
the world
WDi 2025 responder Iberdrola among the 10% of companies with the
Clean200 2026 Iberdrola first Utility in the ranking
best score
General note: Figures reported in Ibewatch are net of transactions during the period. Operating data for Mexico reported under discontinued operations.
LEGAL NOTICE DISCLAIMERThis document has been prepared by Iberdrola, S.A. in connection with the presentation of financial results for the nine-month period ended on 30 September 2026.
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