AndhraNews.net
Home » Business News » 2011 » February » February 8, 2011

EnerNOC Earns Accolades for Carbon Management Leadership and Overall Business Growth


February 8, 2011 - BOSTON, MA

EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of energy management applications for the smart grid, today announced that it has been named an Enterprise Energy and Carbon Accounting leader in a report issued today by Groom Energy Solutions and Greenbiz. EnerNOC's energy and carbon management offerings, including its CarbonSMART™ enterprise carbon management application, are discussed in "The 2011 Enterprise Energy and Carbon Accounting (EECA) Software Market -- A Buyers Guide," which is available for purchase at groomenergy.com. In addition, EnerNOC was recently awarded Gold honors in the "Business Achievement: Growth" category of the 2010 Climate Change Business Journal Awards, further underscoring its leadership in energy management.

"Managing carbon and energy requires detailed energy data, which most companies don't have. EnerNOC has leveraged its data management and analytic capabilities to secure large energy and carbon accounting deals, including one with the Massachusetts Department of Energy Resources that covers more than 450 sites," said Paul Baier, vice president of consulting services for Groom Energy Solutions, who authored the EECA report. "EnerNOC's CarbonSMART addresses a need for streamlined, auditable carbon management solutions."

In addition, for the second year in a row, EnerNOC was honored by the Climate Change Business Journal for outstanding overall business growth during 2010. Through the first three quarters of 2010, EnerNOC's revenue grew by 58 percent compared to the same period in 2009, and the Company passed a significant milestone of 5,000 megawatts under management sooner than expected.

"2010 was a record-breaking year for EnerNOC, and we see the need for clean and reliable energy continuing to be an important driver for growth in 2011," said Tim Healy, Chairman and CEO of EnerNOC. "We dispatched more megawatts in 2010 than ever before, signed one of the largest demand response deals in industry history with the Tennessee Valley Authority, created one of the nation's biggest energy efficiency and carbon management agreements with the Massachusetts Department of Energy Resources, and continued to innovate and refine our applications and solutions to meet customer needs."

Working with more than 25 percent of the FORTUNE 500, EnerNOC manages carbon and energy across more than 8,200 commercial, institutional, and industrial sites throughout North America and the United Kingdom.

For more information about EnerNOC's award-winning energy management applications, visit http://www.enernoc.com/solutions

About EnerNOC
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.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact:
Media Relations:
Sarah McAuley
(617) 532.8195
news@enernoc.com

Investor Relations:
Will Lyons
(617) 532.8104
ir@enernoc.com

MarketWire

Comment on this story

Share