Hager – Hager Group acquires advizeo to accelerate its expansion in energy services & to solidify its leadership in energy management

EMR Analysis

More information on Hager: See the full profile on EMR Executive Services

More information on Daniel Hager (Chairman of the Supervisory Board, Hager Group): See the full profile on EMR Executive Services

More information on Sabine Busse (Group Chief Executive Officer, Hager): See the full profile on EMR Executive Services

More information on Michael Flieger (Chief Financial Officer, Hager Group): See the full profile on EMR Executive Services

More information on advizeo by Hager: https://www.advizeo.io/ + advizeo is the leader in Energy Management. From data collection to the management of energy performance actions, our solutions enable property owners and tenants to achieve significant savings with controlled investments. Since 2015, advizeo has been working daily to reduce the environmental impact of buildings. We transform the willingness and efforts of businesses and communities into tangible energy savings.

More information on Cyril Sailly (Director, advizeo, Hager Group): See the full profile on EMR Executive Services

More information on Efficia by Hager: https://eficia.com/ + Eficia is a young company specializing in the energy management of buildings created in 2013. From its inception, Eficia wanted to revolutionize the sector by developing the first 24/7 smart building solution and remain to this day the only 360° GreenTech on the market that is 100% integrated to cover all the major areas of expertise in energy management.

More information on Alric Marc (Chief Executive Officer, Efficia, Hager Group): See the full profile on EMR Executive Services

More information on E3/DC by Hager: https://www.e3dc.com/en/ + E3/DC is one of the TOP brands in Germany for lithium-ion storage with integrated generation and provides extensive independence of supply.

The origins of E3/DC lie in the development of energy storage systems for the automotive industry. The E3 automobile is transformed into a mobile storage by the charging, discharging and driving technology developed by the company, Wilhelm Karmann.

In 2010, E3/DC, as a spin-off of Wilhelm Karmann GmbH Osnabrück, developed into a manufacturer of inverters. The goal of E3/DC is to achieve sustainable new standards for a household energy supply that offers maximum performance and quality. The well-engineered technologies that originate from the automotive industry are used to make renewable energy available, not only in the area of mobility, but also in other areas of daily life.
The company name E3/DC is derived from an acronym of the German words, “einsparend, erneuerbar, effektiv” (saving, renewable, effective), hence E3, and DC or direct current.

Since the company was founded, over 60,000 home power stations and Quattroporte systems are up and running at our customers’ premises, and are making a contribution towards the environmentally-friendly and cost-saving provision of energy. In our Hager Energy locations in Osnabrück, Wetter an der Ruhr, Lauterhofen, Saverne (France) and Göttingen, we have a workforce of more than 350 employees, who strive to make the vision of independent houses and enterprises, and also solar electric mobility a reality. By storing and using solar energy, our independence from fossil fuel energy increases. Our energy supply can become up to 100 % autonomous. Every year, we produce over 16,000 home power stations, which are manufactured exclusively in Germany, and are subject to the strictest quality controls.

More information on Dr. Andreas Piepenbrink (Founder of the E3/DC brand + Executive Vice President, Energy Management Development, Hager Group + Chief Executive Officer, Hager Energy GmbH, Hager Group): See the full profile on EMR Executive Services 

More information on setec: https://www.setec.fr/en/home-2/ + setec, a French multidisciplinary engineering company, realises complex and innovative construction projects throughout the world, thanks to the technical skills and know-how of more than 3 600 talented employees located all around the world. 

• 1957 Creation of setec
• 488M Rurnover in 2023
• 20 Countries with setec subsidiaries

More information on Michel Kahan (President, setec): https://www.setec.fr/en/governance/ + https://www.linkedin.com/in/michel-kahan-73288927/ 

EMR Additional Notes: 

• Carbon Dioxide (CO2):
  • Primary greenhouse gas emitted through human activities. Carbon dioxide enters the atmosphere through burning fossil fuels (coal, natural gas, and oil), solid waste, trees and other biological materials, and also as a result of certain chemical reactions (e.g., manufacture of cement). Carbon dioxide is removed from the atmosphere (or “sequestered”) when it is absorbed by plants as part of the biological carbon cycle.
• Biogenic Carbon Dioxide (CO2):
  • Biogenic Carbon Dioxide (CO2) and Carbon Dioxide (CO2) are the same. Scientists differentiate between biogenic carbon (that which is absorbed, stored and emitted by organic matter like soil, trees, plants and grasses) and non-biogenic carbon (that found in all other sources, most notably in fossil fuels like oil, coal and gas).
• Decarbonization:
  • Reduction of carbon dioxide emissions through the use of low carbon power sources, achieving a lower output of greenhouse gasses into the atmosphere.
• Carbon Footprint:
  • There is no universally agreed definition of what a carbon footprint is.
  • A carbon footprint is generally understood to be the total amount of greenhouse gas (GHG) emissions that are directly or indirectly caused by an individual, organization, product, or service. These emissions are typically measured in tonnes of carbon dioxide equivalent (CO2e).
  • In 2009, the Greenhouse Gas Protocol (GHG Protocol) published a standard for calculating and reporting corporate carbon footprints. This standard is widely accepted by businesses and other organizations around the world. The GHG Protocol defines a carbon footprint as “the total set of greenhouse gas emissions caused by an organization, directly and indirectly, through its own operations and the value chain.”
• CO2e (Carbon Dioxide Equivalent):
  • CO2e means “carbon dioxide equivalent”. In layman’s terms, CO2e is a measurement of the total greenhouse gases emitted, expressed in terms of the equivalent measurement of carbon dioxide. On the other hand, CO2 only measures carbon emissions and does not account for any other greenhouse gases.
  • A carbon dioxide equivalent or CO2 equivalent, abbreviated as CO2-eq is a metric measure used to compare the emissions from various greenhouse gases on the basis of their global-warming potential (GWP), by converting amounts of other gases to the equivalent amount of carbon dioxide with the same global warming potential.
    • Carbon dioxide equivalents are commonly expressed as million metric tonnes of carbon dioxide equivalents, abbreviated as MMTCDE.
    • The carbon dioxide equivalent for a gas is derived by multiplying the tonnes of the gas by the associated GWP: MMTCDE = (million metric tonnes of a gas) * (GWP of the gas).
    • For example, the GWP for methane is 25 and for nitrous oxide 298. This means that emissions of 1 million metric tonnes of methane and nitrous oxide respectively is equivalent to emissions of 25 and 298 million metric tonnes of carbon dioxide.
• Carbon Capture and Storage (CCS) – Carbon Capture, Utilisation and Storage (CCUS):
  • CCS involves the capture of carbon dioxide (CO2) emissions from industrial processes. This carbon is then transported from where it was produced, via ship or in a pipeline, and stored deep underground in geological formations.
  • CCS projects typically target 90 percent efficiency, meaning that 90 percent of the carbon dioxide from the power plant will be captured and stored.
• Carbon Dioxide Removal (CDR): 
  • Carbon Dioxide Removal encompasses approaches and methods for removing CO2 from the atmosphere and then storing it permanently in underground geological formations, in biomass, oceanic reservoirs or long-lived products in order to achieve negative emissions.
• Direct Air Capture (DAC): 
  • Technologies extracting CO2 directly from the atmosphere at any location, unlike carbon capture which is generally carried out at the point of emissions, such as a steel plant.
  • Constraints like costs and energy requirements as well as the potential for pollution make DAC a less desirable option for CO2 reduction. Its larger land footprint when compared to other mitigation strategies like carbon capture and storage systems (CCS) also put it at a disadvantage.
• Carbon Credits or Carbon Offsets:
  • Permits that allow the owner to emit a certain amount of carbon dioxide or other greenhouse gases. One credit permits the emission of one ton of carbon dioxide or the equivalent in other greenhouse gases.
  • The carbon credit is half of a so-called cap-and-trade program. Companies that pollute are awarded credits that allow them to continue to pollute up to a certain limit, which is reduced periodically. Meanwhile, the company may sell any unneeded credits to another company that needs them. Private companies are thus doubly incentivized to reduce greenhouse emissions. First, they must spend money on extra credits if their emissions exceed the cap. Second, they can make money by reducing their emissions and selling their excess allowances.

• Software vs. Hardware vs. Firmware: 
  • Hardware is physical: It’s “real,” sometimes breaks, and eventually wears out.
    • Since hardware is part of the “real” world, it all eventually wears out. Being a physical thing, it’s also possible to break it, drown it, overheat it, and otherwise expose it to the elements.
    • Here are some examples of hardware:
      • Smartphone
      • Tablet
      • Laptop
      • Desktop computer
      • Printer
      • Flash drive
      • Router
  • Software is virtual: It can be copied, changed, and destroyed.
    • Software is everything about your computer that isn’t hardware.
    • Here are some examples of software:
      • Operating systems like Windows 11 or iOS
      • Web browsers
      • Antivirus tools
      • Adobe Photoshop
      • Mobile apps
  • Firmware is virtual: It’s software specifically designed for a piece of hardware
    • While not as common a term as hardware or software, firmware is everywhere—on your smartphone, your PC’s motherboard, your camera, your headphones, and even your TV remote control.
    • Firmware is just a special kind of software that serves a very narrow purpose for a piece of hardware. While you might install and uninstall software on your computer or smartphone on a regular basis, you might only rarely, if ever, update the firmware on a device, and you’d probably only do so if asked by the manufacturer, probably to fix a problem.