This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

EnerNOC Increases Flexibility Of Utility Demand Response Offerings And Enhances Business Intelligence Functionality With Latest Platform Release

Stocks in this article: ENOC

BOSTON, Jan. 30, 2013 (GLOBE NEWSWIRE) -- Today at DistribuTECH, EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy management applications and services, announced the latest release of its award-winning energy management application platform. The latest release provides utilities and energy retailers around the world the flexibility to engage customers and manage their demand response programs in new ways, enhances the business intelligence tools available to commercial and industrial enterprises, and supports additional third-party integration for data analytics.

"By continuing to invest in our technology, we're significantly expanding our ability to deliver value to our utility and enterprise customers. With this latest release, we have increased flexibility to roll out 'white-labeled' versions of our platform for utilities that want to put a consistent brand in front of their customers, which complements our traditional turnkey demand response model," said Tim Healy, Chairman and CEO of EnerNOC.

Utility-related enhancements in this release include:

  • Co-branded portal and "white-labeling" capabilities: EnerNOC now offers utilities three different customer engagement models: its traditional full-service demand response offering; a "white-labeled" software-as-a-service (SaaS) offering, which enables utilities and energy retailers to directly recruit participants and administer programs on the world's most advanced energy management platform; and a hybrid model in which EnerNOC's platform is branded as the utility's offering and EnerNOC serves as the program implementer, performing sales, network deployment, and dispatch management on behalf of the utility. Regardless of the engagement model, this additional functionality allows utilities to maintain their brand image without having to invest in building out the technology and infrastructure to support their programs.    
  • Improved utility-driven zonal dispatch: The utility portal, which allows utilities to dispatch and manage demand response capacity from a centralized interface, now includes functionality for more granular localized dispatch to ensure capacity is delivered precisely where it is most beneficial to the utility. Utilities have direct visibility into available capacity by zone, and can monitor dispatch performance in real-time.

Enterprise-related enhancements in this release include:

  • Automated fault detection (AFD) engine enhancements: EnerNOC's AFD engine, which helps energy analysts and facility staff to identify building operating anomalies or faults, has been updated to include an expanded fault library and improved fault visualization tools.  
  • Additional third-party integration: As previously announced, this update establishes a new application programming interface (API) to support predictive analytics and machine learning.  
  • Advanced alerting capabilities: EnerNOC's EfficiencySMART TM alert library has been expanded to include new units of measure found in international markets.  
  • Industrial production data visualization and analytics: EfficiencySMART Insight now features the ability to collect and chart production data, enabling industrial enterprises to measure and normalize energy patterns on a production-unit basis and to use those insights to make better business decisions.  
  • Expanded automated report library: This update introduces eight new reports, such as advanced daily demand profile, load profile comparison, monthly year-over-year cost comparisons, and weather-adjusted energy use comparisons.

"These enhancements continue our push to maximize our platform's flexibility for our utility and enterprise customers," said Hugh Scandrett, EnerNOC's Vice President of Engineering. "We've made great advancements to collect the energy data that matters most to our customers. We are relentlessly focused on delivering the flexibility utilities need to achieve their demand response program objectives and the best energy-related business intelligence software and services possible to help reduce energy costs and drive productivity."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs