EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of energy demand response applications and services in the US, announced a five-year deal with a British utility, further securing a foothold in the European market.
EnerNOC will provide demand response capacity to Electricity North West Limited, which delivers power to 2.4 million domestic and industrial customers in the North West of England, including Greater Manchester and Cumbria.
The agreement will promote efficient electricity use within Electricity North West’s service territory and enable regional businesses and organizations to be paid to reduce their energy usage when capacity is needed to support the grid.
Demand response is just beginning to be implemented in Europe, and EnerNOC is well-situated to grow with the opportunity. In December, the company annouced its participation in the UK Power Networks’ Low Carbon London project.
“With rising energy demand and a national imperative to reduce carbon emissions, smart grid solutions like demand response can make a real difference,” said Paul Bircham, Electricity North West Customer Strategy and Regulation Director. “We see this programme as an opportunity to work more closely with our commercial and industrial customers while introducing them to the benefits of managing energy demand, and we are pleased to be working with EnerNOC in the process.”
EnerNOC works with facilities in its DemandSMAR network to develop an energy curtailment plan that is customized to site-specific energy usage.
When dispatched by a distribution network operator, like Electricity North West, EnerNOC manages its portfolio of participating sites in real-time to ensure curtailment plans are met. Demand response creates payments for programme participants while helping to relieve system constraints, lower the cost of energy for all ratepayers, and encourage more efficient energy usage across the grid.
“The UK’s Department of Energy and Climate Change has indicated that demand response will be an important part of energy market reforms, but Electricity North West is already ahead of the curve," said David Brewster, President of EnerNOC.
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