esset new project joule assets vaasaett

FOR IMMEDIATE RELEASE


MEDIA CONTACT: 
Thomas Mikkelsen
Partner Director and Head of Consulting
VaasaETT
thomas.mikkelsen@vaasaett.com
+4523210119
 

Helsinki, Finland, 6 June 2016 - VaasaETT and Joule Assets Europe are proud to announce collaboration over E-SSET, a new energy asset valuation project.

The energy efficiency market in the EU alone is calculated by the European Commission at €8 billion worth of potential investment. E-SSET aims to help technology and service providers access this potential by using its platform of market data analytics and modelling capabilities, quantifying the financial value and success requirements of distributed energy technologies and projects throughout Europe and the USA. These range from energy efficiency measures, to demand response, to virtual power plants. 

Philip Lewis, CEO and Founder of VaasaETT, finds that combining the strengths of both companies opens new service opportunities and optimizes service offerings. ”Both Joule Assets and VaasaETT are leading experts in energy assessment and business modelling for the global energy industry, and therefore the decision to work together on the E-SSET platform came naturally for us”.

Jessica Stromback, Chair of Joule Assets Europe, states “we are delighted to have the opportunity to work with this expert team of long-term partners. We have a history of successful engagement together and it is exciting to be able to bring these capabilities to the E-SSET offering.” The core personnel in the team consists of the key people in each company: Jessica Stromback, Chairman of Joule Assets Europe; Mike Gordon, CEO of Joule Assets; Philip Lewis, CEO and Founder of VaasaETT and Thomas Mikkelsen, Partner Director and Head of Consulting of VaasaETT. 

The combination of hard data and practical field expertise enables E-SSET to serve different company profiles, such as technology providers, utilities, new market entrants, ESCOs and aggregators. Further, the offering provides an excellent basis on which to make market entry decisions when seeking to expand current geographical scope or wanting to assess the value of service offerings in new markets.

Thomas Mikkelsen explains “E-SSET offers a whole bandwidth of market intelligence; from the regulatory landscape to specific technical requirements and the financial valuation of prospective business cases in the new market. Moreover, it considers the surrounding benefits for consumers for a given technology.”

To learn more about your opportunities and the E-SSET platform, visit www.e-sset.com or contact Thomas Mikkelsen. 

ABOUT JOULE ASSETS:
Joule Assets is a US and Europe based investment analytics company and an investor in energy efficiency projects. It has developed a €2 million database of detailed minute-to-minute electricity market clearing prices and additional incentive programmes, such as tax rebates, white certificates or carbon prices for demand response, energy efficiency and other distributed measures, including their respective regulatory participation requirements.

ABOUT VAASAETT:
VaasaETT supports utilities and technology providers in their successful implementation of distributed solutions, including customer engagement, smart metering systems, home automation, energy efficiency and renewable integration. VaasaETT guides utilities through the development of their market commercialisation strategies to implementation. Over two decades, the VaasaETT team has completed hundreds of projects in more than 60 markets.

MORE INFORMATION:
Thomas Mikkelsen
Partner Director and Head of Consulting
VaasaETT
thomas.mikkelsen@vaasaett.com
+4523210119