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Upcoming
Events |
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May
13, 2005
EnerNOC to participate in ISO New England's Demand
Response
Summit 2005
View agenda |
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June 14, 2005
EnerNOC to participate in the CPES/NECA 12th Annual
New England Energy Conference and Exposition
More about the event |
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Staffing Update: Q1
2005 |
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EnerNOC's growth
continues as we again added top players to several
areas of the company, including Project Management,
Systems Administration, and Marketing and Sales.
We are currently looking to fill several software
engineering positions - go to our career
opportunities site for more information.
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Next in Energy? We
Ain't Seen Nothing Yet!
Demand
Response with EnerNOC a Stepping-Stone to
Best of Breed Energy Procurement
Written by Phil Giudice |
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new era in energy procurement where the most aware,
informed, rigorous and flexible consumers will
do better than their peers. This new era is the
third and the most challenging era for the best
of the best energy consumers. Demand Response
with EnerNOC is an important stepping-stone to
successfully entering the new era. Companies and
institutions that procure energy well will be
increasingly distinguished from those that don't.
The first era was the "good old days" –
energy consumers had no options other than buying
from their local utility. Some were able to negotiate
rates, many took advantage of conservation spending
by utilities but basically energy buyers had very
few options. Progressively over the last two decades,
simply buying from your local utility has made
less and less sense.
In the second era of "empty promises" energy
consumers were sold a bill of goods. Buyers were
faced with a plethora of options. Competition
was held out as easy money, no risk, and significant
savings for all. Reality set in for consumers
and providers alike – massive hidden risks
were laid bare, prices hiked abruptly, reliability
in some areas became challenged and bankrupt suppliers
were all too common occurrences.
Increasingly the new era of best of breed energy
procurement will involve understanding exactly
how energy is used, making specific targeted investments
in plant and infrastructure to achieve maximum
returns, determining every existing and potential
flexibility, and analyzing on a risk adjusted
total portfolio basis every contracting and asset/investment
option (e.g., fixed and indexed variables, caps/collars,
thresholds, long/short mix, highest life cycle
risk adjusted return on cogeneration, thermal
storage, advanced building management, back up
generation, peak shifting, and energy efficiency
technologies).
Savvy energy buyers will lead energy suppliers
to best practices. Currently when a buyer asks
an energy supplier for a proposal, suppliers typically
look at last year's load curve, add a risk premium
and a small margin and provide a price. Since
most buyers don't know what options they might
be able to create, energy suppliers' bids vary
only slightly. Simply getting a few bidders to
provide quotes will not generate the best deal.
Demand response with EnerNOC is a critical component
to beginning a process of becoming a best of breed
energy procurer. It enables consumers to:
- Understand precisely, in real time how and
where they use energy
- Build an analytically rich data base of historic
consumption under a wide range of real world
conditions, not theoretical models
- Segment their usage into distinct and valuable
categories:
Baseload: 100% load factor
365 days per year 24 hours per day – often
the lowest price energy on a per kWh basis
Swing load: needed variable
supply with relatively limited ability to move
Movable peak load: potentially
a significant new revenue source, sold back
to the market when price thresholds are realized
- Participate in energy markets so that price
volatility becomes an exploitable advantage
instead of a victimizing event
- Provide new revenue sources by providing equivalent
generating capacity for the very few hours in
a year when peak loads are reached and thereby
helping to make the electric grid more reliable
More
about Phil Giudice |
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Customer
Spotlight: Rubino Brothers |
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One of the most recent additions
to EnerNOC's customer base is Rubino Brothers, a family-owned
scrap metal processor and recycler located in Stamford, CT.
Since 1933, the company has been pressing, shredding, grinding,
and otherwise processing metal from cars, appliances, and
a variety of other sources. Rubino Brothers directly transfers
most of the scrap to barges for shipment to its overseas buyers.
Filled with the sort of equipment that can shred an entire
car in just one minute, the Rubino Brothers yard reveals how
energy intensive some of their operations can be. However,
the company has committed to shut down some of this machinery
for a very limited number of hours during demand response
events to make approximately 1.4 megawatts of electrical load
available to the grid.
EnerNOC is proud to bring Rubino Brothers into the ISO New
England demand response program to continue to improve regional
grid reliability.
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EnerNOC’s New York office
is located at:
28 West 44th Street
Suite 1200
New York, NY 10036
Tel: 646.546.5550
Fax: 646.546.5552
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EnerNOC
Opens Manhattan Office, Adds 4 MW's to Demand Response Portfolio
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EnerNOC recently announced the opening of
a new office located in Manhattan, giving EnerNOC a dedicated
New York City presence through which growth in the area will
be managed.
Gregg Dixon, Vice President of Marketing and Sales commented,
“This market presents a wealth of opportunity for us
due to the urgent need for increased New York City and Long
Island-based electrical capacity and conservation. Our unique
commercial offerings, existing base of national customers,
plug-and-play technology, and exceptional customer service
record position us well for continued growth in this solutions-driven
market,” he added.
Over 25 sites and 4 MW’s of capacity have been added
to EnerNOC’s New York portfolio of managed assets to
date in 2005. These additions include new customers in both
New York City and Long Island, and expanded participation
with existing customers.
Read
the entire release
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Tight
Reserve Margins in California Signal Need for Demand Response
Participation; Grocers Seen as Leading Industry Helping to
Prevent Blackouts
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The California ISO (CAISO) summer
2005 forecast expects reserve capacity margins to fall precariously
low during adverse events such as sustained hot weather or
a series of unplanned plant outages. Low margin conditions
greatly increase the probability of brownouts and blackouts,
events not unfamiliar to Californians.
Statewide programs exist that are designed to help support
the grid through energy conservation and emergency demand
response. Members of the California Grocers Association (CGA)
have shown leadership in these programs during past energy
crises and this summer the CAISO is again looking to CGA members
for significant levels of demand reduction during electric
capacity shortages.
Food retailers may find it more challenging to make a sizeable
impact this time around, as new technologies must be employed
to capture additional demand reduction today. However, with
EnerNOC’s intensive experience with supermarket chains
nationwide, rapidly-deployable technology solutions for shedding
electrical load to help keep the lights on across multiple
facilities are readily available to California grocers.
Read
the entire release
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From left to right:
David Brewster, EnerNOC
First Selectman Ken Flatto,
Rev. Jeffrey P. von Arx, S.J.,
and Robert Laurita, ISO New England |
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Fairfield
University and the Town of Fairfield Receive ISO New England's
2004 Demand Response Achievement Award
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On March 30th, two EnerNOC customers,
Fairfield University and the Town of Fairfield were presented
with ISO New England’s 2004 Demand Response Achievement
Awards. Fairfield University President Rev. Jeffrey P. von
Arx, S.J. and First Selectman Ken Flatto accepted the awards
in a ceremony at the university. The awards recognize these
entities’ participation and performance in ISO New England’s
Demand Response Program.
Fairfield University and the Town of Fairfield have been
an integral part of making the electrical grid more reliable
through their participation in the Demand Response Program,
said David Brewster, President and Chief Operating Officer
of EnerNOC. The level of performance that EnerNOC and its
clients achieved during this event is getting national recognition,
giving demand response credibility as a real and verifiable
resource.
Read
the entire release
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EnerNOC
a Top Investment Choice in Cleantech Arena
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EnerNOC was selected as a top
3 most-promising investment choice in cleantech by more than
400 investors and entrepreneurs at the Cleantech Venture Forum
in San Francisco. Tim Healy gave a presentation at the March
23rd forum, which brought clean technology entrepreneurs together
with venture investors to facilitate financing in clean technologies.
Read
Red Herring’s award coverage
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EnerNOC
Certified as Technical Assistance Partner to California IOU
Critical Peak Pricing, Demand Bidding, and Demand Response
Programs
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EnerNOC has been qualified by
the California Energy Commission (CEC) to participate as a
Technical Assistance Partner to each of California’s
Investor Owned Utilities (IOU’s).
This approval allows EnerNOC to provide engineering-certified
demand response energy audits designed to help end-use customers
understand how to maximize the benefits from participation
in demand response programs. The IOU’s offer cash rebates
for these audits based on the estimated levels of potential
load curtailment. Subsequently, when the customer enrolls
in a load management program, such as the Demand Reserves
Partnership or Critical Peak Pricing, a second rebate is offered
based on verified load reduction.
EnerNOC is the only approved Technical Assistance Partner
who is also a certified Demand Reserves Partnership (DRP)
Provider, and expects the new certification to boost end-user
participation in the DRP program.
Read the entire release
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Conservation
Services Group Partners with EnerNOC to Deliver Emergency
Capacity
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EnerNOC and Conservation Services
Group, Inc. (CSG) announced the formation of a partnership
to deliver demand response solutions to a targeted pool of
commercial and industrial customers. The collaboration will
result in the delivery of a significant amount of “on-call”
demand response capacity, which will relieve constraints on
the electrical grid and help reduce the occurrence of service
disruptions during periods of peak demand.
CSG, a leading provider of energy efficiency and renewable
energy solutions, evaluated several demand response service
and technology providers, and chose to partner with EnerNOC
because of EnerNOC’s innovative technology solution
and dedication to project execution.
Read
the entire release
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