EnerNOC is First Participant in PJM's Synchronized Reserves Market.BOSTON -- EnerNOC, Inc., the leading provider of technology-enabled demand response and energy management solutions, announced its landmark entry into the PJM PJM Pacific Journal of Mathematics PJM Project Manager PJM Puerto Jimenez, Costa Rica (Airport code) PJM Pennsylvania New Jersey Maryland Interconnection LLC (Mid-Atlantic region power pool) 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 syn·chro·nize v. syn·chro·nized, syn·chro·niz·ing, syn·chro·niz·es v.intr. 1. To occur at the same time; be simultaneous. 2. To operate in unison. v.tr. 1. 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 North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Hgan[currency]s. "PJM Interconnection recognizes EnerNOC as the first Curtailment Curtailment The act of contracting or reducing operations of a company in the hope of bringing it financial or operational stability. This management technique is often used when a company has grown too fast and is unable to effectively manage its operations. 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 Hgan[currency]s - 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 cur·tail tr.v. cur·tailed, cur·tail·ing, cur·tails To cut short or reduce. See Synonyms at shorten. [Middle English curtailen, to restrict 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 grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. 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 For other persons named David Brewster, see David Brewster (disambiguation). Sir David Brewster FRS, (11 December 1781 – 10 February 1868) was a Scottish scientist, inventor and writer. , 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 Noun 1. electrical capacity - an electrical phenomenon whereby an electric charge is stored capacitance, capacity electrical phenomenon - a physical phenomenon involving electricity 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 Embedded systems Computer systems that cannot be programmed by the user because they are preprogrammed for a specific task and are buried within the equipment they serve. technology, and progressive business practices. For more information visit www.enernoc.com. |
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