Project PoweR-LIBS is a collaborative effort among HEDNO (the Hellenic Electricity Distribution Network Operator) three research organizations (FORTH, Hellenic Mediterranean University and University of Patras) and two companies (Raymetrics, LamadaTech) with the aim to upgrade monitoring procedures over the overhead power line distribution network. The proposed research focuses on the development of innovative tools suitable for the remote monitoring of composite insulators on high voltage power lines, combining cutting edge technologies related to the study of composite materials used in energy applications, optics and lasers for remote sensing, machine learning methods for data processing and analysis and robotics.