Enel X
Enel X, formerly EnerNOC, is a leading provider of energy intelligence software. EnerNOC solutions for enterprises include applications that help organisations buy energy better, manage utility bills, optimize energy consumption, participate in demand response, and manage peak demand.
The Enel Group operates in over 30 countries across five continents, producing energy through a managed capacity of more than 85 GW. Enel distributes electricity and gas through a network of over 2 million kilometres, and, with more than 65 million business and household customers worldwide, the Group has the largest customer base among European competitors.
Enel is the largest utility in Europe in terms of market capitalisation and figures among Europe's leading power companies in terms of installed capacity and reported EBITDA. Enel's green energy division, Enel Green Power (EGP), a leading multinational renewable energy player, manages around 39 GW of wind, solar, geothermal, biomass and hydropower plants in Europe, the Americas, Asia, Africa and has recently arrived in Australia.
Enel X is a team of mission-driven people who recognize that using a 20th century construct for managing energy doesn't fit today's global imperative to use energy better. We believe that energy intelligence software (EIS) will fundamentally change the way the world uses energy, giving our business customers more control over energy costs and the utilities that serve them the ability to forge deeper customer relationships.
For businesses looking to take more control over their energy costs, mitigate risk, simplify compliance and sustainability reporting, and improve their operational performance, Enel X' energy intelligence software is a must-have decision support system.
For utilities and competitive energy retailers looking to navigate today's period of rapid transformation, Enel X is right there with them, providing demand response and wholesale procurement solutions.
Enel Green Power North America, Inc., headquartered in Andover, MA, manages a portfolio of over 100 renewable energy power plants for a total capacity exceeding 3.3 GW and additional 900 MW currently under construction. In January the Enel Group bought 100% of Demand Energy Networks (Demand Energy), a US-based company specialized in intelligent software and energy storage systems, whose DEN.OSTM software enables real-time optimisation of energy management, with the potential to revolutionise the way electricity is generated, stored and consumed.
Upon closing of the acquisition, Enel will incorporate EnerNOC's more than 8,000 customers, 14,000 sites under management and a total of 6 GW of demand response capacity. Demand response allows commercial and industrial consumers to respond to market signals by increasing or reducing their power consumption with the aim to address excess electricity supply or demand, enabling greater grid flexibility, stability and more efficient use of power infrastructure as well as energy resources. Customers benefit from sharing in the remuneration for participating in demand response programmes when allowed by the relevant regulatory framework.
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