EnerNOC one of the leading providers of energy intelligence software (EIS), has announced that it has acquired Dublin-based Activation Energy, the leading provider of demand response software and services in Ireland.

The acquisition gives EnerNOC an immediate presence in the Irish capacity market and further strengthens EnerNOC's ability to deliver its full suite of energy intelligence software applications throughout Europe.

Activation Energy participates in the Single Electricity Market (SEM), a capacity market that spans the island of Ireland. The relative isolation and limited interconnections of the Irish grid, together with increasing amounts of renewable energy, create additional growth opportunities for demand response including balancing services.

-- Advertisement --

"Activation Energy has pioneered demand response in Ireland and provides us an immediate foothold with commercial, institutional, and industrial customers that are already thinking about better ways to manage energy," said Tim Healy, Chairman and CEO of EnerNOC. "Capacity markets like the SEM have been among EnerNOC's most attractive opportunities. In Activation Energy, we've acquired a well-run company that generated a profit last year as Ireland's largest demand response provider. We look forward to growing the demand response industry in Ireland, and to expanding our presence within Europe."

(CD/MH)