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BOSTON, MA – EnerNOC, Inc., the leading provider of
technology-enabled demand response and energy management solutions,
announced its landmark entry into the PJM Interconnection (PJM) ancillary
services market with demand response. PJM operates and ensures the reliability
of the world's largest competitive energy market – extending from New
Jersey to Illinois and representing over 140,000 MWs of peak capacity.
PJM recently opened its Synchronized Reserve market to demand response,
allowing demand response solutions – for the first time – to
compete equally with generation in an organized wholesale electricity market.
After preparing its internal systems, recruiting customers and
ensuring compliance with PJM's stringent performance requirements, EnerNOC
secured PJM's first customer, North American Höganäs. "PJM Interconnection
recognizes EnerNOC as the first Curtailment Services Provider to participate
in the Synchronized Reserve Market," said Andrew Ott, vice president of
markets at PJM.
EnerNOC's market-leading entry into PJM's Synchronized Reserves program
expands the breadth of services it now offers in this large and dynamic region.
For Terry Heinrich, controller at North American Höganäs – the
world's leading producer of atomized iron and steel powders, actively managing
his energy cost is critical to maintaining a competitive advantage. "We are an
intensive power user, and EnerNOC's program enabled us to turn our energy use into
a source of revenue by implementing advanced processes and systems to curtail
our power consumption on demand."
Synchronized reserve capacity is dispatched in response to sudden and
unexpected events such as power plant or transmission line outages and must
be available within ten minutes to affect PJM's market. EnerNOC has proven through
rigorous testing with PJM that its demand response resources can deliver synchronized
reserve capacity with the same speed and reliability as generation.
"It is gratifying to once again be first-to-market, and it's exciting
to see the value of demand response realized as an ancillary service, a market
traditionally served solely by generation assets," said David Brewster,
president of EnerNOC. "We encourage other regional transmission operators to
follow PJM's lead and allow demand response to be utilized to help lower the
cost of providing contingency resources."
About EnerNOC
EnerNOC, Inc. is the leading provider of technology-enabled total
energy management solutions including full-service demand response, price
response and demand side management solutions. With more than 1,000 MW's of
electrical capacity under management, including more than 400 MW's of proven
demand response resources, EnerNOC delivers immediate, profitable results to
customers by leveraging its deep experience in all aspects of energy management,
embedded systems technology, and progressive business practices. For more
information visit www.enernoc.com.
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