Publisher: Kaiserwetter Energy Asset Management GmbH
Kaiserwetter opens up a new era of effective climate governance presenting its new B2G product at the COP25 Sustainable Innovation Forum in Madrid
Madrid (renewablepress) - Theoretically, countries like Spain and Germany are already there: In both countries, renewable energy capacities exceed domestic demand by far – Spain has 117% of its electricity load peak installed, Germany even 191%. But both countries are far from reaching their specific climate goals. The countries exemplify one of the key challenges to energy transition: To precisely and reliably meet the clearly defined climate goals, countries not only need more renewables but also increased intelligence capabilities to govern the transition effectively. Right at this point, artificial intelligence can make the crucial difference: Presenting its new business-to-government platform ARISTOTELES Sky – The Energy Cloud for Nations, the German IntelliTech-company Kaiserwetter outlined how IoT helps countries to speed up energy transition and mitigate the transition risks of countries and regions.
Artificial intelligence embedded in the cloud provides national and international governments and authorities with detailed insights into their status and progress of their energy systems’ decarbonization process. Based on real-time production data enriched with spatial data the Energy Cloud for Nations enables a simulation of national and regional energy system, world-wide unique in its highly detailed time and space resolution. The IoT-based cloud platform creates an optimized match between regional energy generation and demand creating a new energy future characterized by a demand-side approach where the power supply follows the specific load profiles. This mitigates the energy transition risks as the planning of new capacities, including renewable generation, storage, grid expansion and load shifting through flexible consumption and prosume, gains a new, unprecedented accurateness. The Energy Cloud for Nations makes it possible to speed up energy transition without the risk of false decision-making and failed investments.
“IoT and AI combined with Machine Learning create a new level of data transparency within the energy market. This transparency is essential for effective climate governance and to accurately reach the Paris goals”, says Hanno Schoklitsch, CEO of Kaiserwetter. “With The Energy Cloud for Nations – a spin-off product of our successful ARISTOTELES B2B product – we offer the perfect B2G platform that helps governments and authorities to cope with the increasing complexity that is inherently connected to the energy transition. Especially for countries that aspire a pioneer role in climate policy but fear the energy transition’s ramifications, ARISTOTELES Sky provides a great benefit to proceed more vigorously”.
ARTISTOTELES Sky – The Energy Cloud for Nations is based on private national clouds for data management, operating highly effective and secure without affecting the IT infrastructure of supply systems of individual national markets. The global scalability of ARISTOTELES Sky is guaranteed as Kaiserwetter is partnering with SAP since 2017, developing digital innovation that is now ready to be deployed internationally.
“ARISTOTELES Sky enables target-sensitive planning and governing of the energy transition: It is the best example of how IoT and AI are becoming key drivers for an effective climate policy and a successful, risk-minimized shift to a green economy," says Schoklitsch.
About Kaiserwetter Energy Asset Management GmbH
Kaiserwetter is an IntelliTech company in the renewable energy industry. The company relies on its data intelligence that results from its Data Analytics as a Service (DAaaS) offer to accelerate the emission-free energy production worldwide. This is a main precondition for meeting international climate goals. Kaiserwetter's multiple award-winning cloud-based IoT platform ARISTOTELES relies on smart data analytics, predictive analytics and machine learning to minimize investment risk, maximize return and reach maximum transparency.
Established in 2012, the company has its headquarters in Hamburg and offices in Madrid and New York and is currently set to expand into China and India.
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© Kaiserwetter Energy Asset Management GmbH
Madrid, 10 December 2019
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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.