AI aids Iberdrola in enhancing power line durability
Woza Labs, a Spanish start-up, has made a significant breakthrough in the realm of predictive analytics. The company, known for creating modular predictive 'layers' or indexes, has recently been announced as the winner of Iberdrola's start-up programme challenge.
These layers, designed to be tailored to specific geographies and use cases, can make predictions out to 30 years. Woza Labs is applying its core model and idea to various verticals, such as the agri-food business, government services, and even real estate.
The company's latest development, a flood prediction layer, was initially designed for soybean and corn crops. However, it has now caught the interest of urban governments, expanding its potential applications beyond agricultural use.
Woza Labs' predictive layers leverage artificial intelligence to improve data analysis, visualization, and risk forecasting. The start-up collects and converts vast amounts of environmental, climate, and infrastructure public data to feed into its predictive models.
One of the verticals Woza Labs is considering is the creation of a predictive layer for carbon credits. This layer could simplify the simulation of project-level emissions based on spatial and design inputs, a task currently handled by consulting services.
Interest in adaptation technologies has been growing, as companies and governments face the immediate consequences of climate change on their infrastructure and supply chains. The simulation of project-level emissions with Woza's predictive layer for carbon credits could prove to be a game-changer.
Meanwhile, Iberdrola, a global electricity company, launched a challenge in 2022 to find a solution for making power lines more resilient. The company has chosen the Prysmian Group to improve the resistance of its power lines, but the focus on resilience doesn't stop there.
In a separate development, Woza Labs is fundraising for an energy-only spin-off, dedicated to developing energy-specific layers. The layers are designed to be integrated into decision-making systems, digital twins, or monitoring platforms.
Iberdrola integrates private data from Woza Labs to create a software for its own predictions. This partnership underscores the potential of Woza Labs' technology to revolutionise industries and address the challenges posed by climate change.
On a related note, the Power Resilience Forum 2026 will take place in Houston, TX from January 21-23, 2026. This event promises to be a platform for discussing and showcasing the latest advancements in resilience technologies, including those developed by Woza Labs.
As Woza Labs continues to innovate and expand its offerings, it's clear that the future of predictive analytics is in good hands. Stay tuned for more updates on this exciting start-up.