Energy Management Applications Provider EnerNOC Acquires M2M Communications

By Jayashree Adkoli January 27, 2011

EnerNOC, Inc., a provider of energy management applications, has acquired M2M Communications, a provider of wireless technology solutions for energy management and demand response.

According to EnerNOC, its solutions reduce real-time demand for electricity, increase energy efficiency, improve energy supply transparency in competitive markets, and mitigate emissions. Some of the energy management applications offered by EnerNOC includes DemandSMART for comprehensive demand response, EfficiencySMART for data-driven energy efficiency, SupplySMART for energy price and risk management, and CarbonSMART for enterprise carbon management.

By acquiring M2M Communications, EnerNOC plans to expand its portfolio of automated resources, thereby augmenting third-party automated demand response.

M2M Communications designs, manufactures, and operates web-to-wireless remote monitoring and control products and services for energy management. Its products and services combine the accessibility of wireless communications with the power of the Internet to provide fully-featured monitoring and load control solutions to its end-use and utility partners.

In addition, M2M Communications manages hundreds of megawatts of demand response capacity throughout the United States. It has contracts with major utilities such as Pacific Gas and Electric, Idaho Power, PacifiCorp, Midwest Energy, National Grid, and more.

According to a press release, M2M is a  third-party provider of automated demand response in California. It is experienced in the agricultural demand response market and has also established a Fresno office and teamed with multiple utilities and the U.S. Department of Energy to create the Peak Energy Agriculture Rewards (PEAR) program.

The PEAR program focuses on the rapid enablement of demand response capacity provided by large irrigators, cold storage operators, and food and beverage processors.

"M2M's technology expertise and its contracts with key utilities -- particularly in California and the Midwest -- are an ideal complement to EnerNOC's suite of offerings for utility, commercial, and industrial customers," said Tim Healy, EnerNOC chairman and CEO, in a statement. "M2M has the unique ability to tap into largely un-penetrated markets, such as demand response at agricultural facilities, which represents more than 10,000 megawatts of DR potential in the United States and even more worldwide."

According to EnerNOC, it anticipates that the M2M acquisition will be neutral to dilutive in 2011 and accretive in 2012.

"We're excited to join forces with the world's premier demand response company," said Steve Hodges, founder and president, M2M Communications, in a statement. "We were attracted to EnerNOC's market reach, exceptional performance record, and intelligent suite of energy management offerings. Combining these attributes with M2M's technology will surely drive the adoption of exciting demand response programs in new regions and more vertical markets."

Apart from acquiring M2M Communications, EnerNOC also acquired AutoDR program implementation leader Global Energy Partners recently and also joined the OpenADR Alliance.

Want to learn more about M2M technologies? Then be sure to check out the M2M Evolution conference, collocated with TMC’s ITEXPO East, taking place Feb 2-4, 2011, in Miami. The M2M Evolution Conference is for those industry professionals interested in capitalizing on a rapidly growing segment of the telecom industry. The M2M Evolution Conference embraces the any-to-any strategy of the Internet today. Co-sponsored by TMC Partner Crossfire Media, it showcases the solutions, and examines the data strategies and technological requirements that enterprises and carriers need to capitalize on a market segment that is estimated to grow to $300 Billion in the year ahead. To register, click here.

Jayashree Adkoli is a contributing editor for IoTevolutionworld. To read more of Jayashree's articles, please visit her columnist page.

Edited by Tammy Wolf

IoTevolutionworld Contributor

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