Smart grids as a key element in the imminent transformation of the energy sector

Our Chief Strategy Officer, Santiago Cascante, joined a round table about the innovation and efficiency of the smart grids and their future perspectives hosted by the Spanish newspaper EL ESPAÑOL

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Smart grids have never been so necessary. They can guarantee reliability by reducing losses, integrating with renewable energy sources, and enhancing efficiency.

They represent a qualitative leap in the way energy is distributed and managed, allowing bidirectionality in production and consumption that transforms end-users into active elements within the energy system. This evolution is made possible by digitalization and automation, which enable optimal demand management and provide users with detailed real-time information about their energy consumption.

In this context, Gridspertise emerges as a key player in promoting smart grids, emphasizing the need for innovative regulations that facilitate the integration of modern technologies and services into existing infrastructures. Our approach is oriented not only to meet current needs but to anticipate and build the foundations for a sustainable and efficient energy future.

As pointed out by our Chief Strategy Officer, Santiago Cascante, who participated in a round table organized by Disruptores, the leading portal on innovation, digitalization, startups, and new frontiers of technology in Invertia, the website dedicated to markets, companies, and economy of the Spanish newspaper EL ESPAÑOL, regulation plays a vital role in driving innovation in smart grids:  “Smart grids need smart regulation. Innovation must coexist with years of legacy, so any technology implemented in distribution networks must be able to recognize the legacy that already exists, hence the importance of virtualization and grid edge technologies based on microservices for grid operation optimization. For all these reasons, we are starting to discuss regulatory models that instead of only incentivizing investment in assets, do so also in the operation, which automatically leads to developments in technology and digitalization. It will not be a quick change, but it will happen, and above all it is essential”.

Gridspertise commitment to the sector is demonstrated through the adoption of technologies that allow traditional grids to adapt to these new challenges as quickly as possible. To maximize the benefits of smart grids, it is essential that current regulations adapt. 

During the round table, in which Cascante was joined by managers from the other top-tier companies in the sector (Schneider Electrics, Iberdrola, Spanish Plexigrid, and Naturgy UFD), it was emphasized how a close collaboration between regulators, network operators, and technologists is crucial to co-design the infrastructure that will support the evolution of smart grids. This synergy between different skills is pivotal for ensuring that the networks of the future are not only technically advanced but also effectively managed and regulated.

The need for an evolution in the regulatory paradigm is particularly compelling in Spain. As Cascante highlighted: “The time is now, not five years from now, not ten years from now. In 2025 the useful life of the first generation of smart meters comes to an end. Let's take advantage of that milestone to adapt regulations and to invest in advanced grid digitalization technologies. Either this need is recognized now, or we will miss this opportunity."

This moment represents a critical crossroads for the industry: recognizing and acting on this need now can decisively accelerate our path towards a more advanced and environmentally friendly energy system.

This article is based on the quotes of Santiago Cascante at the round table. To read the original article in Spanish, click here.

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