May 2011 |
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Constellation Energy and Lynxspring Create Alliance to Increase Automated Load Response Participants
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Lynxspring Energy Partner Network to Promote VirtuWatt™, Constellation’s Dynamic Energy Management and Automation Platform
BALTIMORE, May 25, 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 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.
[an error occurred while processing this directive]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.
iPhoneŽ is a registered trademark of Apple Inc.
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.
About Lynxspring
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.
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