Demand response and energy management company EnerNOC, Inc. (NASDAQ: ENOC) on Tuesday announced its first project abroad.
The company will participate in UK Power Networks’ Low Carbon London project, which was awarded £24.26 million this week by Ofgem. The project, which is described as a "smart city" initiative for London, will run from January 2011 through June 2014.
EnerNOC UK Limited will participate in the project by providing its DemandSMART™ application and services to commercial, institutional, and industrial energy users in London.
In addition to incorporating demand-side management resources into the electricity grid, the Low Carbon London project is designed to facilitate the adoption of other low carbon and energy saving initiatives including electric vehicles, heat pumps, micro-generation, and smart meter installations. As one of several partners selected by UK Power Networks, EnerNOC will draw upon its experience and growing network of commercial, institutional, and industrial sites to provide demand response capacity for the duration of the project. UK Power Networks provides power to a quarter of the UK’s population through its electricity distribution networks in London, as well as the South East and East of England.
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