EnerNOC and Marubeni Corporation have formed a joint venture to provide demand response in Japan. The new company will be named EnerNOC Japan, KK and will have an exclusive license to market EnerNOC’s DemandSMART cloud-based application throughout the country. The two firms also announced their award of a government-sponsored DR program with the Tokyo Electric Power Company (TEPCO), Japan’s largest utility.
The JV, which will be finalized in January, 2014, will build upon successful past collaborations between the firms in Japan, most notably their joint participation in a DR pilot program with Kansai Electric Power Company (KEPCO) in the summer of 2012.
As the world’s third largest economy, Japan’s electric demand is similar to that of the PJM Interconnection in the United States, EnerNOC‘s largest market. The TEPCO system alone is comparable in peak demand to that of ERCOT (Texas) or National Grid (UK).
The electric power industry in Japan has been facing unprecedented challenges since the earthquake in March 2011. Today, all 54 of Japan’s nuclear power stations – representing about one-third of installed electric generation capacity – remain offline.