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CPower To Provide Demand Response Services For Lafarge Dow Jones Clean Technology Investor
March 31, 2009
Herndon, Va.-based construction material company Lafarge North America tapped CPower Inc. for energy demand management of up to 15 megawatts for its Ravena, N.Y., plant.
Utilities worry about having to provide more power from "peaker plants" during times of high use. This backup power can be expensive for utilities and dirtier. Demand response takes load off the grid during times of stress in exchange for payments and cost savings.
New York City-based CPower works with companies to reduce peak energy demand across North America, including in the major energy markets of New England, New York, the Mid-Atlantic region, Texas, California and Ontario.
"In the spirit of sustainable construction and environmental conservation, Lafarge is always looking for new, innovative ways to become more energy efficient. Participating in a reserves program seemed to be the natural next step for us," said John Reagan, environmental manager of the Ravena Plant, in a statement. "CPower's knowledge of the market and track record of success in enabling sophisticated business operations will undoubtedly allow us to meet our sustainability goals efficiently while generating a significant source of revenue."
This contract is part of the CPower New York Reserves Program. In 2008, New York Independent System Operator, the organization that manages New York's electrical grid, opened up the Reserves market allowing facilities in New York State to actively participate in the program.