PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: GDF SUEZ | ENGIE

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ENGIE Ramps Up Energy Demand Response with Investment in KiWi Power - ENGIE, (formerly GDF SUEZ), announced it has invested in KiWi Power, a leading UK demand response aggregator, through its corporate venture capital company “ENGIE NewVentures” - KiWiPowered.com / ENGIE.com
ENGIE Ramps Up Energy Demand Response with Investment in KiWi Power

 

NewswireToday - /newswire/ - Paris, Ile-de-France, France, 2015/07/20 - ENGIE, (formerly GDF SUEZ), announced it has invested in KiWi Power, a leading UK demand response aggregator, through its corporate venture capital company “ENGIE NewVentures” - KiWiPowered.com / ENGIE.com. FR0010 208488

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

This investment will see ENGIE support the privately owned energy technology company’s plans for growth and development of its client base in the UK and internationally.

The potential for synergies between the two companies is large. ENGIE is committed to offer new services in energy management to its large and global client base. KiWi has developed a leading technology and extensive industry expertise within the demand response, energy management and smart grid space.

Demand response is an innovative solution being increasingly relied upon to help System Operators balance demand and supply on national energy infrastructure networks. Commercial electricity consumers such as industrial and manufacturing plants, office buildings and public sector sites like hospitals can use demand response to reduce electricity demand on the network when energy usage is at peak levels. Demand response offers participating organisations a range of benefits including a recurring revenue stream, reduced overall electricity expenditure and improved sustainability credentials. Most importantly it is a cleaner and more efficient method of grid balancing than traditional peaking power stations.

Gérard Mestrallet, CEO of ENGIE said: “ENGIE believes in demand response as an environmentally-friendly and revenue-enhancing service for customers, a way to meet the challenges of the energy transition to a low carbon economy and further integration of renewable sources of generation. KiWi Power’s customer-friendly solution, real time metering, technology and automated processes have a lot to offer to commercial customers in this respect. We want to be able to continue to offer to our customers a wide variety of commercial solutions that work for almost every company under every set of circumstances.”

Yoav Zingher, Co-Founder and CEO of KiWi Power said: “There are many opportunities opening up in the marketplace and our fast growth to date is indicative of our agility and drive to harness technology and innovation to bring new solutions to tackle the challenge of balancing energy demand and supply.”

Ziko Abram, Co-Founder and Chief Commercial Officer of KiWi Power said: “We are very excited to have ENGIE on board. We have been working with ENGIE over the last year to expand our demand response offering across their vast international customer base. We are excited to be strengthening our relationship with a global, forward thinking utility who share our commitment to providing flexible and sustainable solutions to the challenges facing System Operators.”

About ENGIE
ENGIE (engie.com) puts responsible growth at the heart of its businesses (electricity, natural gas, energy services) to meet the great challenges of energy transition to a low carbon economy: access to sustainable energy, mitigation and adaptation to climate change, security of supply and the rational use of resources. The Group develops efficient and innovative solutions to individuals, cities and businesses by relying on its particular expertise in four key sectors: renewable energy, energy efficiency, liquefied natural gas and digital technologies. ENGIE has 152 900 employees worldwide with a turnover in 2014 of €74.7 billion. Listed in Paris and Brussels (GSZ), the Group is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120 120 Eurozone, Europe 120 and France 20).

About KiWi Power
KiWi Power (kiwipowered.com) is the UK’s leading demand response aggregator and has been a key player in the UK and internationally since 2009. We are passionate about driving innovation in technology to create efficiencies, generate commercial opportunities and promote a green agenda. We work confidently with policy makers and system and network operators, navigating the energy landscape to provide clients robust and best in class technology and hardware.

Combining proprietary hardware and software and experienced teams KiWi Power delivers significant commercial returns and sustainability benefits to large consumers of electricity, utilities and grid operators.

Demand response is a unique and powerful application using technology to reduce electricity consumption at peak times across industrial and commercial sites. This creates a greener, more cost effective grid; reduces the need for inefficient backup power stations and provides vital balancing requirements and security of supply to system operators and end user sites.

KiWi Power’s innovative approach is leading the way in evolving the UK demand response market as well as influencing the design, build and operation of demand response programmes around the world.

Press contact: Kirsten Palmer-Jeffery
T: +44(0)20 7183 1030 - E: kpjeffery[.]kiwipowered.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: GDF SUEZ | ENGIE

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


ENGIE Ramps Up Energy Demand Response with Investment in KiWi Power

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

ENGIE | KiWi Power
Publisher Contact: Press Office - ENGIE.com 
+33(0)1 44 22 24 35 / +32 2 510 76 70 engiepress[.]engie.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any GDF SUEZ | ENGIE securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From GDF SUEZ | ENGIE / Company Profile


Read Energy Most Recent Related Newswires:

ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016
BP and GE Launch New Offshore Digital Technology with Plans to Deploy Globally
GE Digital Acquires ServiceMax to Extend Predix and Analytics Across Field Service Processes
GE Digital Launches Collaborative App Development Program to Expand Digital Industrial Ecosystem
Voith Awarded A Prestigious Automation Contract for Two Norwegian Hydropower Plants
Joint Wind Farm Pilot Project by ENGIE, EDP Renewables, La Caisse Des Dépôts, Eiffage/Principle Power, GE Selected from Call for Floating Wind Turbine
Enel Starts Operating Two New Wind Farms in Mexico

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)