EnerNOC Continues to Lead Demand Response Market Development in Japan
22 August 2016 - 9:00AM
EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy
intelligence software (EIS) and demand response solutions,
announced today that EnerNOC Japan has been awarded a new demand
response (DR) contract this summer for a project sponsored by the
Institute of Applied Energy (IAE). Since 2013, EnerNOC Japan
has participated in several government-sponsored DR projects and
government-administrated working groups to help the government of
Japan create and design the DR market in the country.
This latest project is designed as a proof-of-concept for demand
response to act as a balancing reserve between Japan’s major
Transmission, Distribution, and System Operators (TDSOs). Along
with emergency demand response resources, which are designed to
thwart blackouts and brownouts due to unexpected high demand or a
sudden decrease in supply, the project demonstrates demand response
as a balancing resource that corrects for smaller, shorter-term
imbalances between supply and demand.
"This new project is another step forward in the unprecedented
electricity market reform occurring in Japan, and it will help
cement the importance of demand-side management not only in Japan,
but across the globe as well," said David Brewster, President and
co-founder of EnerNOC.
EnerNOC is managing new Negawatt portfolios in Japan this
summer, seeking to repeat its performance in last year’s
project as the provider of the largest and most reliable
demand response capacity.
About EnerNOC
EnerNOC Japan is a Joint Venture established in 2013 between
EnerNOC Inc. and Marubeni Corp. EnerNOC is a leading provider of
energy intelligence software (EIS) and demand response solutions.
With capabilities to better address budgets and procurement,
utility bill management, facility analysis and optimization,
sustainability and reporting, project tracking, and demand
management, EnerNOC's SaaS platform helps enterprises control
energy costs, mitigate risk, and streamline compliance and
sustainability reporting. EnerNOC also offers access to more demand
response programs worldwide than any other provider, providing
enterprises a valuable payment stream to further enhance bottom
line results and utilities and grid operators a reliable,
cost-effective demand-side resource. For more information, visit
www.enernoc.com.
EnerNOC Media Relations:
Sarah McAuley
617.532.8195
news@enernoc.com
EnerNOC Investor Relations:
Christopher Sands
617.692.2569
ir@enernoc.com
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