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Constellation Energy and Lynxspring Create Alliance to Increase Automated Load Response Participants
Lynxspring Energy Partner Network to Promote VirtuWatt™, Constellation's Dynamic Energy Management and Automation Platform
BALTIMORE, October 10, 2011 - Constellation Energy (NYSE: CEG) and Lynxspring, Inc. today announced an agreement to increase automated load response users through the Lynxspring Energy Partner (LEP) network. The relationship will enable building controls providers and systems integrators the opportunity to offer their customers Constellation Energy's load response programs and VirtuWatt Energy Manager to automate load response.
"The LEP network allows controls providers to differentiate themselves and bring added value to customers by offering energy products and services," said Lynxspring president and CEO Terry Swope. "New load curtailment customers will be able to rely on LEP network providers to implement VirtuWatt with their existing building systems and to help develop automated load control strategies. As part of the program, customers will have the option to apply the load response revenue they earn toward the cost of utilities, building system upgrades, or other capital expenses," he added.
"We view our engagement with Lynxspring as a natural extension to our demand response mission in bringing dynamic, automated energy management capabilities to more customers through VirtuWatt," said Peter Kelly-Detwiler, senior vice president, demand response, for Constellation Energy. "Scaling back energy usage and scheduling load curtailment can be easy, predictable and non-intrusive through the use of energy management technology. With VirtuWatt, building controls providers can help customers meet their sustainability goals and earn revenue for curtailing energy use," he added.
The LEP network is available to building controls providers serving customers in Constellation Energy's load response markets in the mid-Atlantic, New England, New York, Texas, California and Ontario. Through the LEP network, vendors will receive training in load response and energy markets, establishing curtailment plans, and deploying automated curtailment strategies for their customers. Vendors interested in participating in the LEP network may contact Lynxspring at (816) 347-3504.
Constellation Energy currently manages more than 1,500 megawatts of load response for commercial and industrial customers in the PJM, New England, New York, ERCOT, California and Ontario regions. The company's VirtuWatt web application, which is also available as an iPhoneŽ app, enables customers to better monitor and manage their electricity use and maximize the financial benefits of demand response programs through minute-to-minute metering, real-time pricing information, marketplace bidding capabilities and automated energy curtailment strategies.
To watch a brief video about Constellation Energy's VirtuWatt Energy Manager, please visit: http://www.youtube.com/ConstellationEnergy#p/u/1/m62Rs6b0Vcw
About Constellation Energy
Constellation Energy (www.constellation.com) is a leading competitive supplier of power, natural gas and energy products and services for homes and businesses across the continental United States. It owns a diversified fleet of generating units, totaling approximately 12,000 megawatts of generating capacity, and is a leading advocate for clean, environmentally sustainable energy sources, such as solar power and nuclear energy. The company delivers electricity and natural gas through the Baltimore Gas and Electric Company (BGE), its regulated utility in Central Maryland. A FORTUNE 500 company headquartered in Baltimore, Constellation Energy had revenues of $14.3 billion in 2010.
Lynxspring, founded in 2001, is a leading technology company addressing building automation control requirements with a focus on interoperability. Lynxspring manufactures and distributes web-enabled, open protocol control solutions to fit the simplest to the most complex criteria building owners expect in today's market. Using Tridium's web-based NiagaraAX software in an embedded platform, Lynxspring provides normalized interoperability with standard and open protocols, and many legacy systems. Lynxspring believes that the intelligent use of both unique and third-party software products can increase quality assurance, productivity and repeatability in any market that uses an integrated approach in design, development and deployment of products and services. More information at www.lynxspring.com
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