In the News
ConsumerPowerline Buys California Demand Response ProviderPower Market Today
By Ray Pospsil
May 2, 2006
Strategic energy asset management company ConsumerPowerline has acquired Ancillary Services Coalition (ASC), a California demand response provider. ConsumerPowerline said that the joint company will be the nation's largest electricity demand response provider with more than 700 MW under management.
ASC was a pioneer in the Demand Reserves Partnership (DRP), first administered by the California Independent System Operator (CAISO) and since 2002 run by the California Power Authority. The DRP program is a key component of California's energy management plan.
DRP was created in 1998 to minimize or eliminate the need for involuntary rotating blackouts during times when generating resources are insufficient to meet customer demand. ASC is the leading aggregator in this program. ASC's clients include Praxair, Johns Manville, a Berkshire Hathaway Co., the Presidio Trust, the city and county of San Francisco, as well as various cities, municipalities, water agencies, wastewater facilities and irrigation districts.
ConsumerPowerline notes that it has established a six-year track record in the metropolitan New York area of working with some of the nation's leading commercial, residential and industrial property owners to manage their participation in the local electricity markets and has helped clients turn their energy consumption into a recurring revenue source