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EnerNOC, Inc. (ENOC) Message Board

  • jpmarketer jpmarketer Dec 10, 2013 6:41 AM Flag

    Japan's TEPCO Testing with NUMEROUS Demand Response Co's - Field Crowded with Pilot Programs

    It's a good development - Enernoc's participating in Japan's/Tepco's broad based program. But the impact on Enernoc earnings remains to be seen, and should be negligible in 2014 and 2015, if they ever develop at all. They're in late (behind Schneider/Energy Pool and Othes) so gaining market share will be hard fought.

    After Fuskishima, Japan is testing literally hundreds of pilot programs of all sorts, and Enernoc's joint venture is one of them. Demand response is at the earliest stages of development in Japan/will takeyears to monetize.

    Just googl Schneider/Energy Pool. Energy pool is the largest aggregator in France with 80% of the market, around 1600 MW under management. Look at the 11/25/13 announcement (2 weeks ago) heralding the Schneider/Energy Pool program, already well underway...

    On Friday, Japan’s Tokyo Electric Power Co. (TEPCO) announced it is working with Energy Pool and Schneider, along with Japan’s Sojitz Corp., to set up a 50-megawatt industrial demand response pilot, under the auspices of Japan’s New Energy Promotion Council (NEPC). The goal is to test industrial demand response, not just for peak power mitigation, but also for “reserve capacity in the event of a unexpected outage of generation units, as well as balancing capacity for supply volatility caused by renewable energy,” the announcement stated.

    It's not at all settled how capacity will be monetized in Japan. Just look at wha's going on with PJM, five years in.
    And by the way, I read the 30 or so pages of the 11/29 submission by PJM, but I didn't yet listen to the CS conference. If Healy characterized PJM's objections to Enernoc as a seasonality issue, that's just not true. PJM has serious concerns about the reliablity of its network given its (PJM's) decreasing ability to control the mix of curtailment activities. It's a fundmental argument against expanding DR within PJM beyond limits where PJM can guarantee its grid reliablity - and the same issues are going to arise in Japan.

 
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