World Energy enters demand response market (Boston)
Energy auction services firm World Energy Solutions Inc. has entered the demand response market, auctioning off building owners’ demand response rights to service providers like EnerNOC Inc. and others.
Worcester-based World Energy Solutions launched its online demand response platform, World DR Exchange, on Wednesday as an extension of its other online platforms that commercial customers use to purchase bulk power, green power or renewable energy credits. World Energy also provides the platform for the auction of carbon emissions allowances through the Regional Greenhouse Gas Initiative process.
In an interview with Mass High Tech on Monday, World Energy president Phil Adams said the company saw demand response evolve over the years to the point where consumers could benefit from auctions.
Read the full story in Mass High Tech.
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