Kaiserwetter Energy Asset Management GmbH: Kaiserwetter to present IoT solution for renewable energies at UN Climate Conference
Kaiserwetter to present IoT solution for renewable energies at UN Climate Conference
- The Internet of Things (IoT) will ensure investment safety, transparency and return on investment for investors
- Hamburg-based company revolutionizes global portfolio management for energy assets
- Global investment behavior regarding renewable energies is expected to change dramatically
Hamburg / Marrakesh, 14 November 2016 - Kaiserwetter Energy Asset Management GmbH (Kaiserwetter) will attend the 22nd UN Climate Conference (COP22) in Marrakesh. The company's CEO Hanno Schoklitsch will address the delegates on 15 November with a presentation entitled "Enertech - the Internet of Things as a Driver of Global Management for Renewable Energies." Hanno Schoklitsch has emphasized that "the worldwide transformation towards renewable energies can only be achieved with the help of digitization and the Internet of Things (IoT). It offers the decisive benefits for making renewable energies attractive as a cross- border investment." Against this background, the opportunities that come with the IoT are a considerable contribution to the objectives of COP22 which consists in finding a financially feasible way of significantly reducing greenhouse-gas emissions.
Kaiserwetter saw the potential that lies in digitization early on and is one of the first-ever enertech companies that exist. With its innovative tool for digital portfolio management called "Aristoteles," the Hamburg- based company relies, for the first time ever, on the Internet of Things for big data analytics in the area of renewable energies. Aristoteles puts investors in wind, solar, hydroelectric and biomass power plants in a position of technically and financially managing their energy assets across borders with the help of an independently aggregated database with manipulation-proof data storage. Aristoteles, relying on IoT technology, allows investors to manage their investments and assets from a global perspective. Investors themselves will have the major tools they need in order to protect their investments and to maximize transparency and return on investment now and in the future.
Hanno Schoklitsch, the founder of Kaiserwetter, puts it like this: "Physical and technical limits are a thing of the past. Wherever in the world they invest in renewable energies, investors with have the certainty that they will be able to analyze and optimize their assets in a standardized fashion. This opens up unprecedented opportunities in this increasingly competitive field for investments in the area of renewable energies, since the Internet of Things will drive the expansion of renewable energies around the globe. First and foremost, there will be no more excuses of not doing it. The IoT is the driving force behind standardized energy park management around the globe." The active expansion of renewable energies is the only way of reaching the objectives of the Paris Climate Agreement which consist in capping global temperature increase at considerably less than 2 degrees Celsius by 2050. Hanno Schoklitsch is positive that this can only be achieved "if investors can rely on investment security, professional risk management, profit guarantees as well as standardized portfolio management across borders for their assets. Aristoteles plays a major role for this purpose. All we need is the Internet and the will of capital to actually drive change."
The same day of the Kaiserwetter presentation in Marrakesh, COP22 will see the official launch of the EU project "NDC Partnership" between Germany and Morocco. Barbara Hendricks, the German Minister of Environment, Nature Conservation, Building and Nuclear Safety as well as Gerd Müller, the German Minister of Economic Cooperation and Development, will both attend. Germany strives to support developing countries more actively in their efforts of reaching their national climate objectives, the so-called NDCs. In addition, the federal government plans to increase climate financing twofold by 2020.
About Kaiserwetter Energy Asset Management GmbH
Kaiserwetter is an independent service provider for wind and solar asset management with an international presence. Its range of services combines traditional technical and commercial asset management with the digital integration of all processes and data. "Aristoteles," a portfolio management tool, aggregates and correlates production-related and financial asset data, with the goal of permanently maximizing the energy production of wind and solar parks as well as all renewable energy assets for its clients and optimizing the efficiency of used resources. Kaiserwetter's clients include energy providers as well as institutional and private investors. Kaiserwetter manages 470 MW on behalf of third parties in four European countries. A company with European roots, Kaiserwetter employs a staff of 50 and has offices in Hamburg, Madrid and Copenhagen.
For further information on Kaiserwetter's digital portfolio solution Aristoteles have a look at: www.aristoteles.energy
Kaiserwetter Energy Asset Management GmbH
Falk von Kriegsheim
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