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ENBALA Celebrates Ten Years of Intelligent Energy BalanceTORONTO, ONTARIO, May 28, 2013 (Marketwired via COMTEX) -- ENBALA Power Networks, a Smart Grid technology company, is proud to announce its 10th anniversary. For 10 years, ENBALA has been the leader in modernizing the power system through the intelligent and continuous connection and engagement of commercial and industrial organizations. At the forefront of innovation in demand-side management, ENBALA uniquely utilizes process storage from a continuously connected network of loads to support power system reliability and efficiency. The U.S Department of Energy recognizes the importance of engaging the demand-side to support the modernization of the nation's electric grid, "The power grid has evolved into an intelligent energy delivery system ... and provides a platform for consumer engagement in load management." ENBALA's technology platform not only engages demand-side loads to improve the grid's reliability and efficiency, but it also delivers significant positive impacts to the environment. For example, in Ontario, Canada, for every 100 MW of Grid Balance provided by the ENBALA platform, greenhouse gases are reduced by 550,000 tonnes, as shown through an Impact Qualification Report performed by the Bloom Centre for Sustainability. "From the company's original vision, ENBALA has evolved and grown into a serious player in the Smart Grid market," said Ron Dizy, President and CEO of ENBALA. "We are extremely pleased with the company's growth and success over the past ten years, from providing Grid Balance(R) services to PJM Interconnection and Ontario, to integrating wind generation for utilities in the Canadian Maritimes, all through the engagement of commercial and industrial loads." Throughout the company's evolution, ENBALA has been recognized for its innovation and excellence by peers in the clean technology industry, receiving over 15 awards such as the Ontario Energy Association Award of Excellence, Climate Change Business Journal Achievement Award and Global Clean Technology Top 100. "It is invigorating and rewarding to see an idea progress into the thriving company that ENBALA is today," said Malcolm Metcalfe, Founder and CTO of ENBALA. "ENBALA's talented staff, investors and partners have played a major part in our growth and we really appreciate their support. I'm thrilled by ENBALA's development over the past ten years and look forward to our continued success in the years to come." About ENBALA ENBALA Power Networks(R) is a Smart Grid technology company that continuously connects large electricity users to the grid to deliver grid balancing flexibility to electricity system operators and utilities. ENBALA's innovative platform captures and then intelligently aggregates inherent process storage from connected loads, to respond to the real-time needs of the power system, increasing its reliability, efficiency and reducing greenhouse gases. For more information, visit www.enbala.com. FOR FURTHER INFORMATION PLEASE CONTACT: ENBALA Power Networks Holly Dollinger (416) 623-2582 [email protected] www.enbala.com SOURCE: ENBALA Power Networks |