EnerNOC acquires Australian demand response firm
Published Friday, 8th July 2011
Demand response application and service provider EnerNOC has expanded its reach into the Australian and New Zealand markets with the acquisition of Energy Response Pty Ltd.
Energy Response is the largest demand response provider in Australia and New Zealand. According to Boston-based EnerNOC, the acquisition will give it the ability to deliver 240 megawatts of demand response capacity in the 2012/2013 delivery year, compared to its initial position of 100 megawatts.
“The electricity markets in Australia and New Zealand present tremendous opportunities for EnerNOC and Energy Response to join forces to provide a broad range of demand-side resources,” said Tim Healy, chairman and CEO of EnerNOC.
Energy Response is active in capacity, energy and ancillary services markets and has established the largest network of commercial, institutional and industrial demand response providers across Australia and New Zealand.
“Demand response provides a valuable service to electricity users and utilities at a fraction of the cost of traditional supply-side measures,” said Ross Fraser, founder and dhairman of Energy Response.
“As Australia and New Zealand move toward a lower-carbon energy future, solutions like demand response, carbon management and data-driven energy efficiency will become even more important, both to electricity users and the nations’ electricity grids,” said David Brewster, president of EnerNOC.
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