Energy software provider EnerNOC has entered into a joint venture with Marubeni Corporation to provide demand response (DR) in Japan.
The new company, named EnerNOC Japan, will have an exclusive license to market EnerNOC’s DemandSMART cloud-based DR applications throughout the country.
The combinination of EnerNOC’s experience in DR and Marubeni’s experience in the electric power sector for the Japanese market will build on previous collaborations between the two firms, such as a DR pilot programme with Kansai Electric Power Company (KEPCO) in 2012.
The first project is sponsored by the Japanese government with utility provider TEPCO. It involves the deployment of aggregator-based quick-response DR for the commercial and industrial sector. The joint companies will provide peaking capacity and load balancing services.
Marubeni has developed more than 96 GW of power generation and owns more than 10 GW of power generation assets at net capacity. It is one of the largest independent power producers in Japan.
The firms expect their new joint-venture, EnerNOC Japan, KK, to complete its incorporation process by January 2014.