{"id":960,"date":"2025-04-23T16:00:34","date_gmt":"2025-04-23T16:00:34","guid":{"rendered":"https:\/\/www.transelec.cl\/ventures\/?post_type=desafios-venture&p=960"},"modified":"2025-10-24T20:39:55","modified_gmt":"2025-10-24T20:39:55","slug":"operational-risk-model","status":"publish","type":"desafios-venture","link":"https:\/\/www.transelec.cl\/ventures\/en\/desafios-venture\/operational-risk-model\/","title":{"rendered":"Operational Risk Model"},"content":{"rendered":"\t\t
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Challenge #13 <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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Operational Risk Model<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Transelec faces the challenge of transforming its traditional operational risk management model\u00a0 \u00a0based on static photos, fragmented models and manual decisions\u00a0 to a dynamic, live approach, connected to the environment in real time.<\/p>

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We seek to identify and implement technological solutions that allow the company to integrate, analyze and visualize operational risk in real time, considering internal and external variables, facilitating more agile, efficient and secure decision-making in the operation of the network.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t

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Transelec Context <\/div><\/span>\n\t\t\t\t\t\t\t\n\t\t\t<\/path><\/svg><\/span>\n\t\t\t<\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t
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As part of its journey towards transformation and long-term sustainability, Transelec has decided to diversify its business and drive a set of strategic challenges to do so in the most efficient way, with concrete, high-impact solutions. <\/span>These challenges are part of an open innovation agenda aimed at connecting the company with startups, scaleups, and technology providers from around the world, capable of bringing new capabilities in a changing and competitive environment.<\/b><\/p>\n

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Accelerating the company\u2019s ability to adapt, anticipate, and lead in the energy infrastructure segment is a key objective. However, the rules of the game are changing rapidly: the electricity market, water infrastructure, energy storage, and digital solutions are converging, and Transelec wants to be at the forefront of this technological and commercial transformation.<\/span><\/p>\n

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The current environment is dynamic, with a growing number of competitors, customers, suppliers, and other key players. The number of relevant actors has multiplied, making it necessary to rely on intelligence to find opportunities. To address this, Transelec is launching this open innovation challenge focused on Market Intelligence\u00a0 one of the key pillars enabling its diversification strategy, commercial growth, and competitive anticipation.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t

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Transelec faces the challenge of transforming its traditional operational risk management model based on static snapshots, fragmented models, and manual decisions\u00a0 into a dynamic, real-time, environment-connected approach.<\/span><\/p>

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This challenge arises in a context where:<\/span><\/p>

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\u2022\u00a0 Network operation faces increasing risks from weather events, wildfires, social events, and new supply continuity restrictions.<\/span><\/p>

\u2022\u00a0<\/span>Fieldwork is becoming increasingly complex, with greater social and community pressure, limiting disconnections and forcing operations under higher risk levels.<\/span><\/p>

\u2022\u00a0 The company has multiple risk models, analyses, simulators, and databases, but there is no integration, standardization, or consolidated visibility.<\/span>\u2022\u00a0\u00a0<\/span><\/p>

\u2022\u00a0\u00a0<\/span>There is a wealth of valuable information (lessons learned, RCA analyses, asset monitoring, maintenance records, etc.) that is not integrated to support agile and proactive decision-making.<\/span><\/p>

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The opportunity lies in evolving from reactive operational risk management to proactive, intelligent, and dynamic management by integrating multiple internal and external variables to anticipate and prioritize risk management actions.<\/b><\/p>

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Challenge Objective <\/div><\/span>\n\t\t\t\t\t\t\t\n\t\t\t<\/path><\/svg><\/span>\n\t\t\t<\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t
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Identify and implement technological solutions that enable Transelec to integrate, analyze, and visualize operational risk in real time, considering internal variables (asset health, maintenance, SCADA, protections) and external variables (weather, distributed generation ]small-scale distributed generation – PMGD], social events, consumption patterns), facilitating faster, more efficient, and safer decision-making in network operations.<\/span><\/p>

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This intelligence must enable Transelec to:<\/span><\/p>

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\u2022\u00a0 <\/span>Anticipate risk events.<\/span><\/p>

\u2022\u00a0 <\/span>Prioritize maintenance and resource allocation.<\/span><\/p>

\u2022\u00a0\u00a0<\/span>Better manage high-impact events.<\/span><\/p>

\u2022\u00a0 Systematize lessons learned.<\/span><\/p>

\u2022\u00a0 Dynamically visualize the network\u2019s status.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t

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Integration of Risk Models and Internal Data<\/b><\/h2>\n

\u2022 Consolidate data from SCADA, asset monitoring, maintenance records, failure analyses, among others.<\/span><\/p>\n

\u2022 Common standards for risk classification and evaluation.<\/span><\/p>\n

\u2022\u00a0 <\/span>Integrated visualization of critical operational information.<\/span><\/p>\n

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Incorporation of External Variables<\/b><\/h2>\n

\u2022 Weather, wildfires, humidity, temperature, distributed generation (small-scale distributed generation – PMGD), social or seasonal events.<\/span><\/p>\n

\u2022 Predictive models for climate impact or demand shifts.<\/span><\/p>\n

\u2022 Dynamic alerts considering multiple variables.<\/span><\/p>\n

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Dynamic Risk Visualization and Management<\/b><\/h2>\n

\u2022 Real-time operational risk dashboards.<\/span><\/p>\n

\u2022 Automatic prioritization of activities or maintenance tasks.<\/span><\/p>\n

\u2022\u00a0 <\/span>Scenario simulation and contingency planning management.<\/span><\/p>\n

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Knowledge Management and Lessons Learned<\/b><\/h2>\n

\u2022 Capture, systematization, and recommendation of actions based on past events.<\/span><\/p>\n

\u2022 <\/span>Smart search engine for previous experiences or similar incidents.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t

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How could we visualize operational risk in real time by integrating multiple internal and external variables?<\/span><\/p>\n

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How could we better anticipate and prioritize maintenance, fieldwork, or interventions based on dynamic risk?<\/span><\/p>\n

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How could we automate alerts or action recommendations in response to critical changes in network conditions?<\/span><\/p>\n

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How could we systematize and leverage lessons learned from past events to prevent recurrence?<\/span><\/p>\n

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How could we better manage high-impact events and prepare the organization for complex emergencies?<\/span><\/p>\n

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How could we integrate climate, distributed generation (small-scale distributed generation – PMGD), and other external sources into risk analysis and visualization models?<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t

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Develop or test a functional technological solution to dynamically visualize and manage operational risk.<\/span><\/p>

\u2022 Reduce exposure to unforeseen critical events.<\/span><\/p>

\u2022 Prioritize interventions and resource allocation based on actual, not just planned, risk levels.<\/span><\/p>

\u2022 <\/span>Integrate and automate internal and external variables in risk analysis.<\/span><\/p>

\u2022\u00a0 Systematize organizational learning regarding past event management.<\/span><\/p>

\u2022\u00a0 Enable agile, safe decision-making based on reliable information.<\/span><\/p>

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The selected startup or solution must deliver a functional MVP that enables the dynamic visualization, analysis, and prioritization of operational risk in a pilot area of Transelec\u2019s network. This solution must integrate external variables into risk analysis, reduce analysis time, and generate automatic alerts that are useful and validated by operational users.<\/span><\/p>\n

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Thank you for approaching us!<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
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