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Ronald Reagan Washington National Airport Partners with EnergyConnect for Demand Response Services
Nation’s Capital Airport Implements Innovative Demand Response Platform to Relieve Strain on Power Grid and Generate New Source of Revenue
Lake Oswego, Oregon – October 23, 2008: EnergyConnect, an industry leader in innovative demand response technologies, today executed a contract to become the provider of demand response services for Ronald Reagan Washington National Airport located in Arlington, Virginia.
Reagan National Airport, managed and operated by the Metropolitan Washington Airports Authority, operates two terminals and nearly 100 concessions, serving an average of 18.7 million passengers each year. As a result, it is a major consumer of electricity. In order to help reduce some of this consumption, better manage its power needs and generate new sources of revenue, the airport enrolled 12 megawatts of load into EnergyConnect’s FlexConnect demand response program.
The FlexConnect program enables large electricity consumers to earn money by voluntarily curtailing power usage in response to high market prices or regional power shortages. It allows consumers to make informed, automated decisions about when to engage in electricity load shifting or curtailment events based on the user’s operational flexibility and up-to-the-minute electricity market pricing.
As a result of their participation in a demand response type program, consumers like Reagan National are able to contribute to a more efficient and reliable power grid and help reduce greenhouse gas emissions from inefficient power generation while also creating new sources of revenue.
“The mid-Atlantic is exposed to some of the highest electricity pricing in the country," commented George Barnes, EnergyConnect’s Director of Business Development for the Mid-Atlantic region. “Our FlexConnect platform offers an alternative for consumers like Reagan National, seeking proven solutions to combat rising electricity costs. We are pleased to be partnering with the Metropolitan Washington Airports Authority to support their efforts to gain control of rising electricity prices while generating additional sources of revenues through the introduction of an environmental sustainability program.”
EnergyConnect provides industry leading Demand Response technologies and services that enable a smarter, more sustainable power grid while creating additional income for participating companies. The EnergyConnect web-based automated platform enables consumers of energy to participate in unprecedented incentive opportunities by cutting back power when the grid needs it the most. Demand response is the cleanest, most efficient and lowest cost solution for meeting the nation’s growing power needs. For more information about this next generation technology or about investor relations, visit: www.energyconnectinc.com.
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