Enersponse

Overview
News
Energy Optimization & Management Software?
Product stageSegments
Go-to-Market
?
Demand Response Solutions
?

Enersponse is a distributed energy resource (DER) management provider that offers an energy resource management platform. The company's core technology is a Distributed Energy Resource Management System (DERMS) platform that connects to hundreds of power generators across North America. This platform monitors weather patterns, system outages, and energy pricing fluctuations, syncing this data with pre-set client preferences to intelligently adjust power use in real-time without human intervention.

The company's services include automated demand response (Auto-DR) solutions, which help reduce energy usage when electricity demand exceeds supply. This approach assists in maintaining grid stability, saves customers money, and generates passive income through utility rebates. Enersponse's platform allows clients to create tailored, pre-set response specifications for energy demand events based on their unique operational needs.

In June 2022, Enersponse introduced Clean Response, a product that automates energy consumption reduction when the grid is primarily powered by non-renewable energy sources. This solution monitors the real-time carbon composition of the grid and triggers energy reduction actions when CO2%ages are high, based on pre-determined client specifications.

Key customers and partnerships

Enersponse has secured significant partnerships and contracts in recent years. In January 2024, the company partnered with Danfoss, a global leader in climate and energy solutions, to enhance energy flexibility in HVAC and refrigeration systems for US food retailers. This collaboration integrates Enersponse's DERMS Platform into Danfoss Alsense, an IoT food retail services cloud solution.

In August 2023, Enersponse was awarded an exclusive three-year contract with the California Department of General Services (DGS) to provide demand response solutions for over 300 agencies and thousands of government facilities across the state. This contract encompasses strategic planning, staff education, facility manager training, and program customization across various government-owned assets, including office buildings, correctional facilities, schools, and universities.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
2901 West Coast Highway Newport Beach CA USA
Founded year:
2015
Employees:
51-100
IPO status:
Private
Total funding:
-
Last Funding:
-
Last valuation:
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