Kaiserwetter Energy Asset Management

ARISTOTELES delivers the transparency investors and financing banks need to make confident decisions in renewable energies by recognizing the shift towards energy prices based on market principles. Furthermore, the platform gives real-time online access to technical and financial performance during the entire life cycle of a renewable energy asset. In addition, it will foster universal access to affordable energy, which is especially needed in regions such as Africa, Asia, and South America. The platform’s smart visualized graphics with drill-down options give investors the full picture of what’s going on in facilities like such as wind farms and solar parks. This includes weather forecast, production yield,power curve analytics, revenues, cash flow, financial KPI´s and trends. Further, the algorithms based on SAP HANA predictive analytics combine this facility data with relevant meteorological information allowing investors to make better decisions for maximizing returns.

Explaining further about the technology integration, Schoklitsch says that Kaiserwetter gathers the technical data used by ARISTOTELES for analysis by connecting the cloud platform directly to the SCADA system of each power-generating asset. Running the data through a dedicated algorithm is how the company ensures its clients are operating at maximized levels. In addition to that, Kaiserwetter also benchmarks its clients’ assets by comparing it with other Peers running ARISTOTELES. “One of the greatest advantages of our platform is that we can operationalize the benchmarking seamlessly,” adds Schoklitsch.

SAP and the Road toward Innovation

From day one, Schoklitsch and his team have been relentlessly pursuing a single vision: to drive investment in the renewable sector in order to help reduce climate change effects, while maximizing returns for investors. Assisting the company has been its co-innovation partner, SAP. “Our partnership with SAP begun three years ago and since then ARISTOTELES has won multiple innovation awards, including the SAP Innovation Award 2018 which honors companies who employ technology solutions in innovative and transformative ways. SAP is the market leader in enterprise application software, and furthermore it is at the forefront of the Internet of Things based solutions,” mentions Schoklitsch. He further mentions that ARISTOTELES platform has been built with the thought about what was really needed to tackle climate change-capital.

As climate change is one of the biggest challenges of the modern day, there is no excuse not to meet the targets of the Paris agreement. Allowing renewable energy expansion on a large scale is the logical course of progression for mitigating the effects of emission. In leveraging IoT and cloud-based analytics to increase efficiency, Kaiserwetter is helping several energy production companies to reap the untapped opportunities of the renewable energy sector and is leading the race to making the future brighter. “Investors want less risk and strong returns. The platform delivers the transparency investors need to make confident decisions in renewable energies. This applies for industrial countries like USA, Canada, Europe, Japan and Australia, but furthermore it will foster universal access to affordable energy, which is especially needed in regions such as Africa, Asia, and South America.” informs Schoklitsch. “What we would like to achieve is to give the investors and the financing banks the possibility to go for renewable energies. Put the money and the capital out there to achieve the goals of the Paris climate agreement. There’s no hurdle existing anymore not to invest in renewable energies. Go for it! Let’s go for the Paris climate goals, and we will achieve a great future.”