Dive Summary:
- NRG Energy announced it bought Energy Curtailment, a demand response provider, for an unknown amount, according to a press release.
- Energy Curtailment currently manages over "2,000 megawatts of demand response across the country for over 5,000 customers."
In Context: Two analysts saw NRG's Energy Curtailment buy as part of larger trends for the company and in the industry, according to Bloomberg.
Julien Dumoulin-Smith, an analyst for UBS Securities, predicts NRG may have more acquisitions in store: “We see the transaction as among a series of other potential moves for NRG. Other potential ‘alternative energy’ investments to complement NRG’s retail offerings could include distributed solar generation.”
Brian Warshay, a Bloomberg New Energy Finance analyst, noted the buy “represents a global trend of large energy companies adopting demand-side management business" as they see demand-side management as a lower cost, lower emissions alternative to the construction of new generation plants.