Energy Gateway

Enel X North America, formerly EnerNOC, operates as a key entity within the Enel Group, specializing in energy intelligence and management solutions. The original company, EnerNOC, was established in 2001 by co-founders Tim Healy and David Brewster. Their professional backgrounds in energy technology and venture capital fueled the company's vision to integrate information technology with energy management, aiming to make it as fundamental to business operations as accounting. EnerNOC experienced rapid growth, expanding its demand response solutions across numerous states and becoming a publicly traded company. A significant milestone occurred in August 2017 when the Italian utility giant Enel acquired EnerNOC for approximately $250 million, a move designed to merge EnerNOC's demand response expertise with Enel's global reach. Following the acquisition, EnerNOC was rebranded as Enel X in 2018, integrating it into Enel's global advanced energy services business line.

The company's core business revolves around providing sophisticated, cloud-based energy intelligence software (EIS) and services. It serves two primary client types: commercial & industrial (C&I) enterprises and electric utilities. For its enterprise customers, Enel X offers a suite of services designed to optimize how, when, and how much energy they use. This includes utility bill management, energy procurement, and facility optimization. A central component of its business model is demand response, a program that compensates large energy consumers for reducing their electricity consumption during periods of high grid stress, thereby enhancing grid stability and reliability. This creates a revenue stream for participating customers. For utilities and grid operators, Enel X designs and manages these demand response programs, providing a cost-effective alternative to building and operating expensive peaker power plants.

The flagship product is a comprehensive energy intelligence software platform, delivered as a Software-as-a-Service (SaaS) solution. This platform grants clients real-time visibility into their energy consumption and spending through detailed reporting and analytics. Key features include invoice validation, tariff auditing, benchmarking, and sustainability tracking. By leveraging data from meters and sensors, the software enables automated adjustments to systems like HVAC and lighting to reduce consumption. This data-driven approach allows organizations to identify inefficiencies, manage energy budgets more effectively, and advance their decarbonization goals. The entire system is supported by a 24/7 Network Operations Center (NOC) that remotely manages customer participation in energy programs.

Keywords: energy intelligence software, demand response, energy management services, utility bill management, energy procurement, grid stability, smart grid solutions, Enel X, EnerNOC, facility optimization, energy cost reduction, C&I energy solutions, utility partnerships, distributed energy resources, energy efficiency, electricity consumption analytics, energy data management, grid flexibility, peak demand management, sustainable energy