SOURCE: EnerNOC, Inc.

EnerNOC, Inc.

February 03, 2011 13:41 ET

EnerNOC Responds to Texas Grid Emergency Reducing Demand Across Its DemandSMART™ Network

Company Helps Alleviate Grid Strain and Prevent Additional Brownouts and Blackouts

BOSTON, MA--(Marketwire - February 3, 2011) - Severe weather conditions yesterday led to the loss of more than 7,000 megawatts (MW) of generation across the Electric Reliability Council of Texas (ERCOT) service territory, causing rolling blackouts throughout the region. In response to the grid emergency, ERCOT dispatched EnerNOC, Inc.'s (NASDAQ: ENOC) demand response resources. Within minutes, EnerNOC's DemandSMART™ network called upon hundreds of sites to take much-needed capacity off the grid and help alleviate strain on the system. 

"Our network responded quickly and efficiently to yesterday's emergency dispatch, addressing system constraints throughout the entire ERCOT service territory," said Darren Brady, Chief Operating Officer, EnerNOC. "While our demand response product has many applications in the market -- from delivering emergency capacity to providing ancillary services and load balancing capabilities -- it is in situations like the one in Texas yesterday where the impact is most notable."

EnerNOC's demand response resources were also called into action in other areas throughout the Southwest, as unusually cold weather struck the region. Hundreds of schools, hospitals, and businesses contributed to the dispatch. Spring Independent School District (ISD) responded to the call across 12 locations in Houston and Spring, TX, delivering 3 MW of capacity to aid the grid.

"Spring ISD puts the safety of our students first, and as part of that commitment, we do our part to help support the regional electricity grid," said Christine Porter, Spring ISD associate superintendent for financial services. "During yesterday's rolling blackouts, we were called to act, and we are proud to have helped the grid when it was needed most. We are also compensated for our actions, helping to keep our energy budget secure while we help the grid and community around us."

"Yesterday's dispatch underscores the fact that demand response is not a summer-only resource. EnerNOC's demand response network was dispatched more than 200 times in 2010, delivering demand response capacity throughout the United States, Canada, and the United Kingdom in every month of the year," said Gregg Dixon, Senior Vice President of Marketing, EnerNOC. "With peak electric demand on the rise across the U.S. and abroad, we anticipate that the demand response market will continue to grow and that our proven performance during dispatches will allow EnerNOC to maintain its industry leadership role."

As of September 30, 2010, EnerNOC had more than 5,100 megawatts of demand response capacity across a network of more than 8,200 commercial, institutional, and industrial sites throughout North America and the United Kingdom. For more information about EnerNOC's DemandSMART comprehensive demand response application or its suite of energy management applications, please visit http://www.enernoc.com/get-started.

About EnerNOC
EnerNOC unlocks the full value of energy management for our utility and commercial, institutional, and industrial (C&I) customers by reducing real-time demand for electricity, increasing energy efficiency, improving energy supply transparency in competitive markets, and mitigating emissions. We accomplish this by delivering world-class energy management application and services suites including: DemandSMART™, comprehensive demand response; EfficiencySMART™, data-driven energy efficiency; SupplySMART™, energy price and risk management; and CarbonSMART™, enterprise carbon management. Our Network Operations Center (NOC) continuously supports these applications across thousands of C&I customer sites throughout the world. Working with more than 100 utilities and grid operators globally, we deliver energy, ancillary services, and carbon mitigation resources that provide cost-effective alternatives to investments in traditional power generation, transmission, and distribution. For more information, visit www.enernoc.com.

Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future growth and success of the Company's DemandSMART application, the future growth of the demand response market in general and the extension of the Company's industry leadership role in demand response, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "could increase the likelihood," "estimate," "expect," "intend," "is planned," "may," "should," "will," "will enable," "would be expected," "look forward," "may provide," "would" or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section "Risk Factors" in EnerNOC's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, EnerNOC's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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