PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Frost & Sullivan

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!

REstore Recognised as a European Leader in Demand Response - REstore’s aim is to possess a portfolio of several gigawatts of flexible power under management and flexible power for transmission grid operators across all of Europe
REstore Recognised as a European Leader in Demand Response


NewswireToday - /newswire/ - London, United Kingdom, 2016/03/15 - REstore’s aim is to possess a portfolio of several gigawatts of flexible power under management and flexible power for transmission grid operators across all of Europe.

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!


REstore took the honors in the Competitive Strategy Innovation and Leadership Award category at Frost & Sullivan’s exclusive black-tie event, the 2015 Excellence in Best Practices Awards Banquet. The annual gala, held on November 17, 2015, was attended by the who's who of Europe’s and Africa’s premier companies and their leaders. Co-CEOs Pieter-Jan Mermans and Jan-Willem Rombouts joined an exclusive list of luminaries when they accepted the award on behalf of REstore at a glittering ceremony at the Jumeirah Frankfurt, Frankfurt.

Restore’s extensive solution portfolio has positioned it ideally to make the most of the growth opportunities in the European market. It is expected to achieve its goal of 20-30 percent market share by 2018 on the strength of its flagship platform, the sophisticated and patented Flexpond™ automated DR (ADR).

“REstore is the only European DR aggregator in Europe capable of offering primary reserve with a DR portfolio,” said Frost & Sullivan Research Director Malavika Tohani. “The most obvious benefit of primary reserve is that it provides the highest payment per MW and has the smallest impact on the operations of a manufacturing plant, as activations rarely last longer than four to five minutes. With other offerings such as tertiary reserve and capacity market, REstore covers the entire spectrum of capacity market and balancing reserves.”

In the short term, the European DR market will be focused on pure technology play, real-time risk and portfolio management, reliability and quick response times. Restore is looking to exploit these trends by attracting large industrial companies that are prepared to curtail electro-intensive machinery at times of peak power demand. In return, they will receive substantial payments and a reduction in their CO2 footprint.

The long-term goal of the company is to unlock the full potential of demand-side flexibility at control and instrumentation (C&I) power consumers’ facilities. It relies on its growing data analytics capability to harness the vast quantities of real-time factory data logged from C&I customers and uses it to manage exposure to spot energy markets and mitigate peaks in energy consumption.

REstore can convert a broad range of industrial processes such as steel smelters, freezers, pumps, fans and manufacturing lines to grid resources, an ability that sets it apart from its competitors. This is made possible by the Flexpond™, which delivers power similar to open cycle gas turbines, but at lower costs and emissions. REstore’s DR experts work closely with industrial and commercial customers from start to finish to ensure reliable connection of their site at zero cost.

“Importantly, at every stage of the project process, REstore places emphasis on delivering best-in-class service,” noted Tohani. “It centres its value proposition on the needs of industrial power consumers, and strives to gain a deep understanding of their targets in terms of production quality and volumes.”

Since being founded in 2010, REstore has grown from a few megawatts of industrial load to more than 1 gigawatt of peak load under management, serving more than 80 industrial customers. Its revenues grew 700 percent from 2013 to 2014, and its portfolio of reliable flexible power under management expanded from 250 megawatts to 350 megawatts in less than six months between 2014 and 2015.

Each year, Frost & Sullivan presents this award to the company that has leveraged competitive intelligence to successfully execute a competitive strategy that results in stronger market share, competitive brand positioning and customer satisfaction.

Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan
Frost & Sullivan (, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation.

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: Frost & Sullivan


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!

REstore Recognised as a European Leader in Demand Response

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!

Publisher Contact: Mireya Espinoza - 
210-247-3870 mireya.espinoza[.]
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 Frost & Sullivan 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 Frost & Sullivan / Company Profile

Read Energy Most Recent Related Newswires:

Liquefied Gas Pump Market to Record an Exponential CAGR by 2026 According to Persistence Market Research
GE and Solairedirect India Partner for the Next 25 Years
ENGIE Wins Major Contract with Transport for London
Boost in Genset Manufacturing Activity to Resolve Power Challenges in the Southern African Region Finds Frost & Sullivan
ENGIE to Become Worldwide Leader of Independent District Cooling by Acquiring A 40% Stake in Tabreed from Mubadala
Asia-Pacific Renewable Energy Inverters Market Leverages Favourable Targets and Feed-in Tariffs to Catalyze Growth, finds Frost & Sullivan
GE Introduces Rugged, Resilient Power Supply for Industrial Applications
Energy Technology Developers Focus on Sustainability and Efficiency to Stay Relevant in a Changing Market Finds Frost & Sullivan
Baker Hughes and GE Announce Executive Leadership Team for Baker Hughes, a GE Company
Enel Green Power Acquires Two Wind Farms in Campania from Amec Foster Wheeler
Enel and Rosseti Sign MoU for Cooperation in Innovative Smart Grid Solutions
World’s Largest Floating Photovoltaic Power Plant Test-bed Features ABB Technology
Enel Group Confirmed in Euronext Vigeo Eiris Sustainability Indices for Fifth Straight Year
Invenergy Selects GE Renewable Energy to Provide Cyber Security for Entire Fleet
GNF3 Fuel Product Completes U.S. NRC Approved Process for New Fuel Product Introductions

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business



Visit  Persistence Market Research (P) Ltd

  ©2017 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 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 (