The London Underground Joins EnerNOC's Demand Side Response Network
(Thomson Reuters ONE) -
BOSTON, July 11, 2016 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading
provider of energy intelligence software (EIS) and demand response solutions,
announced today that the London Underground is the latest business to join
EnerNOC's demand response network. Demand response programs pay electricity
users for their flexibility to help stabilize the electricity grid during urgent
periods, such as peak usage or high energy prices. This demand side flexibility
helps keep rates affordable for all consumers.
The London Underground network - known to Londoners as "the Tube" - is the
biggest power consumer in London and has the largest private power network in
the United Kingdom. They also run a back-up power station to ensure seamless
service during power interruptions. Now, by joining EnerNOC's demand response
network, London Underground will be paid for using its back-up power during
times of peak demand, reducing its reliance on the National Grid and helping to
ensure grid reliability for all Londoners.
"Participating in demand-side response is good for London Underground, providing
an easy way for us to earn money by using our existing infrastructure. More
importantly, it helps us in our mission to be a responsible corporate citizen
and provide a benefit to all of the customers we serve," said Russell Fleetwood,
London Underground Generation Manager.
"Demand-side response is a win-win scenario for businesses in the UK. Companies
earn money for their participation and consumers at large benefit from a more
cost effective and reliable power grid. EnerNOC's demand side response software
helps businesses manage their participation to maximize potential earnings and,
as the largest demand side response provider in the world, we can help ensure
that participation is seamless," said Patrick Liddy, Director UK and Ireland at
EnerNOC.
To learn more about EnerNOC's demand response technology for enterprises in the
United Kingdom, go
to:https://www.enernoc.com/products/businesses/capabilities/demand-response
About EnerNOC
EnerNOC is a leading provider of energy intelligence software (EIS) and demand
response solutions. With capabilities to better address budgets and procurement,
utility bill management, facility analysis and optimization, sustainability and
reporting, project tracking, and demand management, EnerNOC's enterprise SaaS
platform helps businesses control energy costs, mitigate risk, and streamline
compliance and sustainability reporting. EnerNOC also offers access to more
demand response programs worldwide than any other provider, offering businesses
a valuable payment stream to further enhance bottom line results. EnerNOC's
utility SaaS platform enables energy suppliers to forge deeper customer
relationships, address regulatory mandates, and cost-effectively integrate
demand-side resources to improve grid reliability through key capabilities,
including customer engagement, demand response, energy efficiency, operational
effectiveness, and wholesale procurement. For more information,
visit www.enernoc.com.
Safe Harbor Statement
Statements in this press release regarding management's future expectations,
beliefs, intentions, goals, strategies, plans or prospects, including, without
limitation, statements relating to the future growth and success of the
Company's energy intelligence software, and the benefits that customers may
derive from technology updates or enhancements to that software, may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 and other federal securities laws. Forward-looking
statements can be identified by terminology such as "anticipate," "believe,"
"could," "could increase the likelihood," "estimate," "expect," "intend," "is
planned," "may," "should," "will," "will enable," "would be expected," "look
forward," "may provide," "would" or similar terms, variations of such terms or
the negative of those terms. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors including those risks,
uncertainties and factors referred to under the section "Risk Factors" in
EnerNOC's most recent Annual Report on Form 10-K and subsequent Quarterly
Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC
from time to time with the Securities and Exchange Commission. As a result of
such risks, uncertainties and factors, the Company's actual results may differ
materially from any future results, performance or achievements discussed in or
implied by the forward-looking statements contained herein. EnerNOC is providing
the information in this press release as of this date and assumes no obligations
to update the information included in this press release or revise any forward-
looking statements, whether as a result of new information, future events or
otherwise.
EnerNOC Media Relations:
Sarah McAuley
617.532.8195
news(at)enernoc.com
EnerNOC Investor Relations:
Christopher Sands
617.692.2569
ir(at)enernoc.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: EnerNOC, Inc via GlobeNewswire
[HUG#2027566]
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Datum: 11.07.2016 - 09:34 Uhr
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News-ID 482401
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