TransGrid Increases Network Reliability With EnerNOC’s DemandSMART(TM)
EnerNOC, Inc. (Nasdaq:ENOC), a global provider of energy management applications and services, has finalized an agreement with TransGrid, the New South Wales transmission network operator, to provide 35 megawatts (MW) of demand response capacity in the Sydney metropolitan area. Managing Director of TransGrid, Mr. Peter McIntyre, said the innovative demand management agreement between the two companies will help reduce peak demand and support Sydney’s high voltage electricity grid this coming summer.
“By having the ability to shift the power consumption of some of Sydney’s major energy users outside peak periods, TransGrid will be in the best position to respond to pressure on its existing transmission network during peak periods,” said Mr. McIntyre. “In addition, EnerNOC’s software will allow some of Sydney’s largest energy users to understand how their sites consume energy and how they can reduce consumption at peak times.”
“EnerNOC continues to see significant opportunity in the Australia and New Zealand markets, encouraged by innovative companies like TransGrid that are embracing EnerNOC’s technology-driven approach for meeting the region’s energy needs,” said Tim Healy, Chairman and CEO of EnerNOC.
In addition to maximizing demand response dispatch performance, EnerNOC enables participants in its demand response network to view and more actively manage their energy usage in real time. EnerNOC has deployed its DemandSMART software at thousands of sites worldwide, including universities, data centers, and manufacturing facilities throughout the Sydney metropolitan area.
“The program is ideally suited for organizations that use a large amount of energy and are looking for innovative ways to lower costs and improve their bottom lines,” said Jeff Renaud, EnerNOC’s Director of Australia and New Zealand.