EnerNOC Awarded 40 MW Agreement with Southern California Edison - Strenthens presence in Western US
March 20 , 2007
Boston, MA – EnerNOC, Inc., a leading developer and provider of clean and intelligent power solutions, announced today that it has entered into a 40 MW Negawatt Network™ agreement with Southern California Edison (SCE). EnerNOC was the sole recipient of an agreement resulting from SCE’s recent Request for Offers for demand response resources. Today’s announcement follows new contracts with Pacific Gas and Electric (PG&E) and Public Service Company of New Mexico (PNM) that EnerNOC secured earlier this year.
EnerNOC’s Negawatt Network will help SCE alleviate grid constraints and mitigate blackout risk. Under the agreement, EnerNOC will aggregate load curtailment from commercial, institutional, and industrial customer sites. SCE will signal EnerNOC to provide demand response capacity to its service territory, and EnerNOC will remotely curtail participating customers’ electricity consumption within 30 minutes. EnerNOC will monitor and control demand response resources from its award-winning 24/7/365 Network Operations Center.
EnerNOC’s Negawatt Network agreements with SCE, PG&E, and PNM complement its expansion in California and the Western United States. In addition to securing new contracts with three major utilities, EnerNOC will open a larger San Francisco office in early April, near the Moscone Center downtown. EnerNOC also joined the California Manufacturers and Technology Association (CMTA) to strengthen its presence in the region.
EnerNOC Chief Executive Officer Tim Healy states, “We are honored that Southern California Edison selected EnerNOC to provide demand response solutions to its customers. With contracts throughout the Western U.S., EnerNOC is excited to partner with CMTA and extend the financial and environmental benefits of demand response to its energy conscious members.”
Dorothy Rothrock, CMTA Senior Vice President, Government Relations, adds “Energy is a focal issue for all of our members. Demand response can help mitigate rising energy costs, and EnerNOC is a valuable addition to our organization.”
The SCE agreement is subject to approval by the California Public Utilities Commission.
About EnerNOC:
EnerNOC, Inc. is a leading developer and provider of clean and intelligent power solutions to commercial, institutional, and industrial customers, as well as electric power grid operators and utilities. Our technology-enabled demand response and energy management solutions help optimize the balance of electric supply and demand. We use our Network Operations Center, or NOC, to remotely manage electricity consumption across a network of end-use customer sites and make electric capacity and energy available to grid operators and utilities on demand. For more information, visit www.enernoc.com.
