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Cooperation for Energy Market Systems

| Energy | Company

Strategic Partnership between KISTERS and Everest Risk Systems

Aachen/Germany, Wimbledon/UK, April 2018: The British business development consultants “Everest Risk Systems UK Ltd” (ERS) and the German IT company “KISTERS Group” are happy to announce their cooperation in terms of software systems for the energy market. ERS will focus on sales and consulting of KISTERS’ solutions for forecasting, virtual power plants, big data & data analytics, and asset optimization. The solutions support the business of energy retailers, generators, network operators and energy intensive end users. ERS is now the primary contact for all British companies interested in KISTERS’ cutting-edge solutions. Moreover ERS will represent KISTERS at energy events and conferences, and will organize specialist webinars in the energy domain. The agreement is effective from the 1st January 2018.

"The cooperation is a recipe for success. We are pleased to have ERS experienced consultants on our side and rely on its knowledge of the UK market" says Klaus Kisters, CEO of KISTERS AG. Roland Jones, CEO of ERS, adds: "KISTERS energy solutions have proven themselves worldwide and serve the diverse needs of local markets. Together with KISTERS, we can deliver solutions that are optimally tailored to the individual requirements of the industry."

Pioneering software solutions for the energy industry

The comprehensive KISTERS portfolio includes solutions for energy data management, forecasting, virtual power plant management, portfolio management, metering, smart grid/control technology/SCADA and lifecycle and asset management of plants and grids. In particular, the efficient Virtual Power Plant Manager VPPM has now proven itself in use throughout Europe. VPPM allows companies to operate their volatile small producers of renewable energy more efficiently, economical and ecologically friendly, and to participate at several markets. Of course, KISTERS’ precise forecasts - e.g. load forecasts to predict and plan energy consumption and prices - are integrated to VPPM.

Next actions

Following the success of the first webinar on energy demand forecasting organized by ERS, plans are now in progress to offer a webinar about virtual power plant management soon. Above that, joint activities for energy events e.g. E-world in Essen/Germany are already underway.

About Everest Risk Systems Ltd

Everest Risk Systems UK Ltd is a business development cosultancy dedicated to bringing the power of technology to bear on the rapidly changing energy sector of the UK. We focus on all the challenges our energy clients face from demand forecasting to production optimization, from intra-day trading to Energy Data Management. We aim to bring the combined experience of KISTERS and ERS to help address the daily challenges our energy clients face in generating profitable growth and managing costs.

About KISTERS

KISTERS is a group of fast growing IT companies with 500+ employees, headquarters in Aachen, Germany, and numerous national and international subsidiaries. KISTERS offers leading software solutions for the sustainable management of water, energy and air. Expertise, commitment and sector experience make KISTERS a much sought-after partner. KISTERS produces market-compliant, pioneering software solutions for the energy industry with its business areas of energy production, distribution, wholesale/retail and demand. The portfolio includes solutions for energy data management, portfolio management, forecasting, virtual power plant management, metering, smart grid/control technology/SCADA and lifecycle and asset management of plants and grids. Over 750 companies in the energy industry rely on KISTERS software.

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