Elewit, Redeia's technology platform, aims to take another step forward in Technology Monitoring to make maximum use of new technologies with the potential to drive the energy transition and connectivity. Faced with an immense choice of innovative solutions that are being developed thanks to scientific advancements, constant monitoring is required to analyse the options that they can offer, not just for Redeia but for society as a whole.
Reviewing the latest developments will also enable us to identify technologies that have not yet emerged or discover a use that has not yet been considered. The implementation of new technologies often occurs in areas for which they were not initially considered.
What is the goal of Technology Monitoring?
Essentially, Technology Monitoring aims to generate opportunities and knowledge that provide value and help us to make decisions on the implementation of the latest developments. Whenever a new technology emerges, we must think about what to do with it. Is it better to do nothing, take precautions or harness its potential? This question must be addressed conscientiously and supported by relevant information about the risks and benefits.
The key lies in obtaining the knowledge necessary to anticipate the risks. For example, the use of artificial intelligence and large language models (LLMs) is becoming widespread, but the risks this entails have prompted a debate on how we can properly control their implementation.
What is the role of Technology Monitoring in Elewit?
It should be noted that Technology Monitoring is already happening, but Elewit’s is committed to ensuring that it is systematic, orderly and focused, above all, on the needs that arise from the telecommunications and transmission grid. Priority is also given to the new developments that are appearing in the field of digitalization.
The objective is to offer a thorough analysis of the new technologies that enable experts to make the right decisions, focusing their attention on several technological areas. We must bear in mind that there are so many technologies in the area of high-voltage transmission grids and terrestrial and satellite communications that there are always new areas to study.
Studies are also designed to find synergy between the technologies and their multiple functions. It comes as a surprise, for example, that something as widely known and used as fibre optics can be used for network communications, but can also be used as a vibration or temperature sensor, or as an element to measure intensity.
Where does the information for Technology Monitoring come from?
Elewit draws on various sources for its Technology Monitoring:
- Industries in the energy and communications sectors
- Organizations and commentators
- Elewit’s own innovation ecosystem
We must bear in mind that the energy and telecommunications sectors are constantly working to develop new technologies and regularly report on their advancements. Additionally, many organizations and commentators make valuable contributions for analysis, and there are experts in different fields whose knowledge and requirements can point out topics worthy of study.
Furthermore, the innovation ecosystem that Elewit has created through its use of Venture Capital or initiatives like the Venture Client programmes, all possess the necessary awareness of the latest advancements in technology and innovation. This is a source of valuable information that allows Elewit to remain in touch with the advancements that are leading the energy transition and connectivity.