SOURCE: EnerNOC, Inc.

EnerNOC, Inc.

February 01, 2011 08:30 ET

EnerNOC's DemandSMART™ Chosen by BPA to Showcase Power of Demand Response to Manage Intermittent Wind Power

BOSTON, MA and SAN DIEGO, CA--(Marketwire - February 1, 2011) - EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of commercial, institutional and industrial demand response, announced today from DistribuTECH (Booth #2641) that it will provide Bonneville Power Administration (BPA) with demand response capacity managed by EnerNOC's DemandSMART™ application to facilitate grid stability as BPA integrates wind-powered generation into its transmission system. The project, led by renewable energy consultancy Ecofys US, Inc., will demonstrate the ability of EnerNOC's fully automated demand response capacity to act as a balancing resource, responding if necessary in fewer than 10 minutes to changing system needs. This is the first project of its kind to draw upon demand response capacity from commercial and industrial sites to balance both increases and decreases in supply from renewable resources, as well as traditional generation.

"It is a unique challenge to manage intermittent renewable resources, but we expect to show that some kinds of demand response have the flexibility required to match system needs," said Ken Corum, a Senior Economist with the Northwest Power and Conservation Council. "EnerNOC has proven that its demand response technology can be counted on to show up where and when it's needed, and we hope that its participation in this program will lead the way for other utilities and grid operators looking to utilize demand response to help balance their increasingly diverse generation systems."

EnerNOC's demand response resources have been widely deployed with utility and grid operator partners to meet capacity, emergency, economic, and ancillary service needs. This project leverages EnerNOC's proven, quick-response DR capabilities to balance load both when wind output decreases, in which case demand response is used for load curtailment, and when it increases suddenly, during which time sites in EnerNOC's network will increase demand. By providing a demand-side solution for maintaining load stability, EnerNOC's implementation of demand response technology is designed to help reduce BPA's investments in supply-side and storage infrastructure to prevent grid destabilization due to the integration of variable generation sources like wind. 

"EnerNOC has used automated demand response to address peak demand for years, and it is a natural extension of our capabilities to use the same technology to balance sudden load drops and spikes," said Tim Healy, Chairman and CEO of EnerNOC. "This project not only showcases the technological capabilities of EnerNOC's DR application, but also demonstrates that utilities are expanding their thinking when it comes to leveraging demand-side resources in areas where more expensive, traditional generation has typically been used."

For information about EnerNOC's demand response network or its suite of energy management applications, please visit http://www.enernoc.com/solutions.

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 applications 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 demand response and energy management applications and services and the ability of BPA to derive benefits from EnerNOC's DemandSMART application, 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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