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Johns Manville Selects EnerNOC's DemandSMART for AutoDR in AlbertaManufacturing Leader to Deploy EnerNOC's Automated Demand Response Application to Provide Capacity to Alberta Grid (March 15, 2012)
BOSTON, MA -- (Marketwire) -- 03/15/12 -- EnerNOC, Inc. (NASDAQ: ENOC), the world's leading provider of demand response applications and services, today announced that Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A) (NYSE: BRK.B), will utilize EnerNOC's DemandSMART comprehensive demand response application to participate in an Automated Demand Response (AutoDR) program in Alberta, Canada. Johns Manville will participate by reducing energy use at its Innisfall, Alberta manufacturing facility, joining other commercial and industrial customers moving to complete EnerNOC's AutoDR commitments to the Alberta Electric System Operator (AESO). Through EnerNOC's advanced AutoDR technology, these loads can be dropped off the grid in a fraction of a second when called upon AESO. By leveraging this AutoDR resource, AESO expects to be able to increase its ability to import electricity from other jurisdictions for increased reliability and competition in the Province.
"Johns Manville has been a strong supporter of energy-efficient solutions that keep costs low and support the economy. This program is an excellent opportunity to continue that commitment," said Gary Groner, Director, Global Energy at Johns Manville. "EnerNOC's technology allows us to contribute capacity automatically, and we appreciate the ability to adjust our curtailment levels over time."
The Alberta Electric System Operator designed the Load Shed Service for Imports Program (LSSi) to support higher electricity import levels on its interconnection with British Columbia. After a thorough proposal review process, AESO selected several load entities to participate in LSSi; however, EnerNOC is the only demand response provider in the program that aggregates Alberta businesses into a limited resource for AESO. EnerNOC provides all necessary hardware, manages dispatches, and compensates businesses for their participation. It also offers its award-winning DemandSMART demand response application to participants at no cost, so that they may manage their performance in real time.
"For manufacturers like Johns Manville, this program offers significant participation payments, making it an excellent way to offset electricity costs while maintaining operational continuity for the manufacturer and the grid," said Kelly Lorincz, Director of International Business Development at EnerNOC. "EnerNOC not only ensures that the grid gets the right amount of load when it's needed but also protects its customers from risk if they need to adjust their participation level through our DemandSMART software, at any time."
"Utilities and grid operators have launched dozens of AutoDR pilots, but they want a resource that can deliver results today," said Tim Healy, Chairman and CEO of EnerNOC. "That's what EnerNOC is providing for AESO, and businesses like Johns Manville are reaping the economic benefits of this full-scale AutoDR program."
For more information about DemandSMART and EnerNOC's full suite of energy management applications, please visit www.enernoc.com/solutions.
About Johns Manville
Johns Manville, a Berkshire Hathaway company (NYSE: BRK.A) (NYSE: BRK.B), is a leading manufacturer and marketer of premium-quality products for building insulation, mechanical insulation, commercial roofing, and roof insulation, as well as fibers and nonwovens for commercial, industrial and residential applications. JM serves markets that include aerospace, automotive and transportation, air handling, appliance, HVAC, pipe and equipment, filtration, waterproofing, building, flooring, interiors and wind energy.
EnerNOC unlocks the full value of energy management for our utility and commercial, institutional, and industrial (C&I) customers by reducing real-time demand for electricity, increasing energy efficiency, improving energy supply transparency in competitive markets, and mitigating emissions. We accomplish this by delivering world-class energy management applications including DemandSMART, comprehensive demand response; EfficiencySMART, data-driven energy efficiency; SupplySMART, energy price and risk management; and CarbonSMART, enterprise carbon management. Our Network Operations Center (NOC) continuously supports these applications across thousands of C&I customer sites throughout the world. Working with more than 100 utilities and grid operators globally, we deliver energy, ancillary services, and carbon mitigation resources that provide cost-effective alternatives to investments in traditional power generation, transmission, and distribution. 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 management applications and services, including its automated demand response technology, and the benefits that customers may derive from those applications and services, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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, EnerNOC'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.
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