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New York, NY, Dec. 14, 2006 -- EnerNOC Inc., a provider of full-service demand response solutions, announced that the company was selected to receive a comprehensive services contract through the New York State Energy Research and Development Authority's (NYSERDA) Aggregated Load Reduction Program.
According to the National Electric Reliability Council's (NERC) recently released 2006 Long-Term Reliability Assessment, demand response is a critical component in maintaining the reliable electric delivery for a region. By providing financial assistance for projects that deliver large-scale electric demand reduction, NYSERDA's Aggregated Load Reduction Program attempts to improve reliability by giving businesses access to load reduction opportunities that might otherwise remain inaccessible.
NYSERDA allocated up to $27 million to help develop an estimated 37 MW's of demand reduction within the electric service territory of Consolidated Edison Co. of New York, Inc. (Con Edison), which will help ease grid congestion and reduce the potential for widespread outages throughout the region.
Over the contract's term, EnerNOC will deliver demand reductions of up to 11 MW's at commercial, institutional, and industrial end-user sites through four demand-side management strategies: permanent efficiency, curtailment/shifting for demand response, distributed generation for demand response and installing interval meters for demand response.
Selected proposals were based on a company's ability and experience working in Con Edison's service territory, which includes New York, Bronx, Kings, Queens, Richmond, and Westchester Counties, and in obtaining efficiency based demand reduction, load management, or distributed generation resources.
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