Asset management is one of the cornerstones of companies’ maintenance processes. It involves two lines of work that are key to maintaining productivity, reducing the risk of failure and, consequently, maximising the availability of resources. On the one hand, a comprehensive infrastructure monitoring of aging assets is required to maximise its effectiveness and efficiency. On the other hand, the integration of new technologies and digital transformation processes is essential to implement new ways of asset management and monitoring.

It is important to understand the role played in SAGA by certain technologies, the advanced solution for asset management in the electricity sector that has been developed by the TSOs REE and ELIA. Understanding how these technologies complement each other is the key to making the most of the potential that this tool offers the industry.

Among the many technologies that SAGA relies on, Artificial Intelligence is essential for supporting its knowledge management:

All projects carried out at Elewit have an ultimate goal: to improve people's daily lives; our future. And we do this through innovation. We currently face various challenges that must be solved through technology. One such challenge addresses the possibilities of integrating new algorithms and functions in automatic substation systems.

• Led by REE, Elewit and Hispasat, the four use cases test the capacity of 5G to optimise the management and remote visual inspection of high-voltage electricity facilities such as substations and electricity lines.
• All the projects are in the incubation phase and are part of a 5G macro-project promoted through a joint venture between 8 leading companies in technological innovation and telecommunications.

The Red Eléctrica Group -through its subsidiary companies Red Eléctrica de España, Elewit and Hispasat- is conducting four pilot projects that analyse the pot

Elewit markets SAGA, a pioneering and unique market solution because, among other factors, it is based on the experience and knowledge generated over decades by the Red Eléctrica Group. It offers an advanced solution for asset management in the electricity sector that is based on several cutting-edge technologies that complement each other to manage and extract the potential of this knowledge.

• The satellite operator and Elewit, along with the startup Nexmachina, are leading a pilot project contributing to improving safety and sustainability in rural areas and primary activities in Sierra de Aralar by using IoT technology and satellite connectivity
• This project adds to another project deployed in July dedicated to improving efficiency and safety on a fishing boat in Hondarribia.
• The satellite ensures a universal deployment of connectivity in areas where there is no land coverage, including maritime environments.

Hispasat, the communication

• They have jointly developed a technological solution that enables them to digitally and automatically identify the type of vegetation growing in 'safety lanes' under high-voltage power lines throughout Spain.
• The designed solution makes use of machine learning potential to automatically and quickly identify a total of 37 vegetation species groups.

Red Eléctrica, Elewit -the Red Eléctrica

The Red Eléctrica Group and its technology subsidiary, Elewit, have joined the 'Spain: Entrepreneurial Nation Strategy', a set of 50 measures promoted by the Presidency of the Spanish Government with a 2030 horizon to modernise the production base of the Spanish economy and promote job creation through innovative entrepreneurship.

How did you get started?

FlexiDAO was founded in November 2017 as a result of a 1-year research project at UPC University by my colleague Grzegorz Bytniewsky (CTO) and I. Shortly after, Joan Collell (co-founder and COO) joined our team.

Cellnex Telecom, Lenovo and Elewit (a technology subsidiary of the Red Eléctrica Group) have led the investment round in the Barcelona-based Nearby Computing, start-up, an initiative of the Barcelona Supercomputing Center-Centro Nacional de Supercomputación (BSC-CNS) and the Polytechnic University of Catalonia (UPC), with an investment of approximately €2 million.