This Day On The Street
Continue to site
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

EnerNOC's DemandSMART(TM) Provides Much Needed Grid Relief During Western US Heat Waves

BOSTON, July 10, 2013 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software, today announced that since June 24, 2013, it has dispatched approximately 850 megawatts of demand response capacity – roughly equivalent to eight fossil-fuel burning peaking power plants – in the western United States, largely in response to continued heat waves that have threatened grid stability or caused prices to spike throughout the region. Hundreds of commercial, institutional, industrial, and agricultural customers in California, Idaho, Utah, and New Mexico were deployed across fourteen dispatches, helping to restore system balance and stabilize prices.

"Because buildings retain heat, it takes more energy on day three, four, and five of a heat wave to cool the same amount of space. This heat wave has been unrelenting in many areas, taxing the grid and creating an increased need for power," explained Tim Healy, Chairman and CEO of EnerNOC. "By shedding flexible load strategically across thousands of sites, we helped to ensure that stable, reliable power was delivered to millions of people affected by this heat wave. And with the addition of the enhanced tools and technology in our new Network Operations Center to facilitate these dispatches, we were able to ensure seamless execution with even greater confidence."

Demand response as a resource is now integrated into many utilities' portfolios so that energy use associated with heat waves of this nature can be managed without utilizing more expensive peaking power plants. As utilities plan to address system peaks that are most frequently set during the summer, they are increasingly turning to demand response as a valuable tool.

To learn more about EnerNOC's suite of energy management solutions, go to http://www.enernoc.com/for-businesses .

About EnerNOC

EnerNOC is a leading provider of energy intelligence software and related solutions. EnerNOC unlocks the full value of energy management for utility and commercial, institutional, and industrial (C&I) customers by delivering a comprehensive suite of demand-side management services that reduce real-time demand for electricity, increase energy efficiency, improve energy supply transparency in competitive markets, and mitigate emissions. EnerNOC's Utility Solutions™ offerings, which include both implementation and consulting services, are helping hundreds of utilities and grid operators worldwide meet their demand-side management objectives. EnerNOC serves thousands of commercial, institutional, and industrial customers worldwide through a suite of energy management applications including: DemandSMART™, comprehensive demand response; EfficiencySMART™, continuous energy savings; and SupplySMART™, energy price and risk management. EnerNOC's Network Operations Center (NOC) offers 24x7x365 customer support. For more information, visit www.enernoc.com .

The EnerNOC, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5804   
CONTACT: Media Relations: Sarah McAuley,
         (617) 532.8195, news@enernoc.com
         Investor Relations: Brian Norris,
         (617) 532.8104, ir@enernoc.com

EnerNOC, Inc. Logo

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs