DGAP-News: EnerNoc IncShs

DGAP-News: UK Power Networks Taps EnerNoc for Demand Response Services in London

EnerNOC, Inc

01.12.2010 14:30 ---------------------------------------------------------------------------

Three-Year Partnership to Support the United Kingdom's Move to a Low Carbon Energy Future

LONDON, Dec. 1, 2010 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), an international leader in data-driven energy management solutions, today announced its participation in UK Power Networks' Low Carbon London project, which was awarded [Pounds]24.26 million this week by Ofgem. The project, which is described as a 'smart city' initiative for London, will run from January 2011 through June 2014. EnerNOC UK Limited will participate in the project by providing its DemandSMART? application and services to commercial, institutional, and industrial energy users in London.

'Demand response is a proven and scalable solution to create more efficient and reliable electricity networks,' said David Brewster, President of EnerNOC. 'We are excited to assist UK Power Networks and the City of London to adopt best practices in active network management and achieve ambitious sustainability goals that will help lead the UK toward a low carbon energy future.'

In addition to incorporating demand-side management resources into the electricity grid, the Low Carbon London project is designed to facilitate the adoption of other low carbon and energy saving initiatives including electric vehicles, heat pumps, micro-generation, and smart meter installations. As one of several partners selected by UK Power Networks, EnerNOC will draw upon its deep experience and growing network of commercial, institutional, and industrial sites to provide demand response capacity for the duration of the project. UK Power Networks provides power to a quarter of the UK's population through its electricity distribution networks in London, as well as the South East and East of England.

'The success of this bid is tremendous news for sustainability in London,' said Basil Scarsella, Chief Executive of UK Power Networks. 'It means we can start developing an electricity network that not only supports London's existing and planned low carbon strategies, but can also accommodate the many different demands on the network we will face in 2020. We are delighted Ofgem recognized the strength of our bid and the tremendous potential London offers as the test bed for a low carbon project.'

EnerNOC provides demand response and energy efficiency applications throughout the United Kingdom and North America. For information about EnerNOC's award-winning energy management applications and services, please 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 application and services suites 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.

The EnerNOC, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5804

About UK Power Networks

UK Power Networks provides power to a quarter of the UK's population through its electricity distribution networks. It is responsible for delivering a safe, secure and sustainable power supply to eight million homes and businesses across London, the South East and East of England. The company, backed by strong ownership, aims to strengthen links with the local communities it serves, building on the skills base of its 5,500 employees across its network, including major bases in Bury St Edmunds, Ipswich, Potters Bar, London, Crawley and Maidstone.

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 Low Carbon London project and the Company's DemandSMART solution and the ability of EnerNOC's customers to derive benefits from such solution, 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.

CONTACT: EnerNOC, Inc. Media Relations: Sarah McAuley (617) 532.8195 news@enernoc.com Investor Relations: Will Lyons (617) 532.8104 ir@enernoc.com

News Source: Nasdaq OMX



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