National Grid Aggregator IPKeys Power Partners Enrolls First Customer
in the Utility’s Connected Solutions Demand Response Program
Sims Metal Management enrolls with IPKeys to help meet National Grid’s power reduction targets
Eatontown, NJ – April 5, 2017 – National Grid today announced that IPKeys has enrolled the first customer in its Connected Solutions: Business Program, which aims to reduce energy use when the grid is at peak demand. Sims Metal Management, a global leader in recycling, committed its Johnston, Rhode Island metals recycling facility to reduce its use of electricity during peak hours. This will help to reduce the cost of running the electrical grid and will earn Sims Metal a substantial incentive. They signed up for the program with IPKeys Power Partners, a National Grid approved demand response vendor and leader in automated demand response solutions.
The National Grid Connected Solutions program rewards commercial and industrial customers who reduce their use of electricity when alerted by the utility. Those reductions improve the performance of the electric grid during hot summer months when energy usage increases. Participants are compensated based on the electric load they curtail when notified by the utility about a peak demand period. The program will also help participants reduce their electric supply costs by reducing their usage during forecasted peak hours.
Timothy Horan, president of National Grid, Rhode Island said, “Reducing energy use at times when demand is high can help save energy and reduce the need for new utility infrastructure. National Grid is proud to welcome Sims Metal Management to this program that has the potential to make a significant impact on peak electric demands in Rhode Island.”
“Protecting the environment reflects the company’s commitment to social responsibility, one of our six core values. This program improves the efficiency of the power grid which helps reduce pollution and the waste of natural resources. We are glad to be the first customer of National Grid to enroll in this important program that provides a benefit for Sims while helping our local community,” stated Joe Payesko, President, East Region, Sims Metal Management
“We are pleased to have been chosen by National Grid as a demand response vendor to help reduce costs and defer expensive investment in utility infrastructure by meeting summer peaks with load reduction. Using our secure EISS® OpenADR 2.0b technology, we monitor electric usage and assure performance when the reduction is needed most,” said Robert Nawy, Managing Director & CFO, IPKeys. “Once we were selected by National Grid to support its program, we naturally looked to our long-term customer Sims Metal Management as a candidate for this Demand Response program. We manage sites across the USA that produce significant demand response payments for our clients and it is no surprise that Sims, an innovator in sustainability, is the first company to enroll in this innovative program,” stated Laurie Wiegand-Jackson, Senior Vice President, IPKeys.
Commercial and industrial customers who are interested in the National Grid program can learn more on the National Grid’s website and IPKeys Power Partners’ website.
About National Grid
National Grid (LSE: NG; NYSE: NGG) is an electricity and natural gas delivery company that connects nearly 7 million customers to vital energy sources through its networks in New York, Massachusetts and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain. Through its U.S. Connect21 strategy, National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Connect21 is vital to our communities’ long-term economic and environmental health and aligns with regulatory initiatives in New York (REV: Reforming the Energy Vision) and Massachusetts (Grid Modernization). For more information please visit our website, follow us on Twitter, watch us on YouTube, friend us on Facebook, or find our photos on Instagram.
IPKeys Power Partners, LLC, is a leading energy solutions provider of Demand Response resources, AutoDR technology, and Integrated Demand Response and Demand Management programs across the United States. For over ten years, IPKeys Power Partners has enabled electric utility customers to participate securely and reliably in a range of energy programs. The company offers include advanced metering with web-based reporting and its OpenADR 2.0b-certified EISSâ Automated Demand Response solutions. IPKeys Power Partners provides engineering audits, controls and automation, and secure networks on a turn-key basis for customers who want to partially or fully automate their DR and demand management strategies. IPKeys, a diverse minority-woman owned company, is a strategic partner in the Energy, DoD, Federal, and Commercial sectors, delivering expertise in the development, integration, and deployment of Internet Protocol (“IP”) technology and communications systems. Incorporated in March 2005, IPKeys is headquartered at Eatontown, New Jersey and has offices in California, Illinois, Maryland, and Virginia.
About Sims Metal Management
Sims Metal Management is the world’s leading publicly listed metal and electronics recycler with over 200 facilities and over 4,500 employees globally. Our metal recycling operations encompass the buying, processing and selling of ferrous and non-ferrous recycled metals. These operations are geographically diverse, comprising a network of processing facilities located in the United States, Australia and the United Kingdom, with numerous deep-water port access locations, and supported by an extensive network of collection facilities sourcing over 8 million tonnes of recyclable ferrous and non-ferrous metals annually. Our commitment to employees is to create a zero-harm workplace, while being exemplary community members and responsible stewards of the environment. The Company’s shares are listed on the Australian Securities Exchange (ASX: SGM) as well as in the United States (USOTC: SMSMY).