Dive Brief:
- EnerNOC will license its DemandSMART application in Japan in a joint venture with Marubeni Corporation.
- The new company will be named EnerNOC Japan, KK and will have an exclusive license to market EnerNOC's DemandSMART cloud-based DR application throughout the country.
- The venture was also awarded a government-sponsored DR program with the Tokyo Electric Power Company (TEPCO), Japan's largest utility.
Dive Insight:
Japan has made a major push with renewable energy to make up for the shortfall created by the Fukushima nuclear disaster. Now, demand response holds promise as another means to reduce load.
"There is growing national attention in Japan on intelligent buildings and smart grids, and an increased focus by utilities and policymakers on the importance of demand-side management," David Brewster, president of EnerNOC, said in a statement.