About

Joule Energy Services is the wholesale energy market facing subsidiary of Joule Assets, Inc. Joule Energy Services provides clients with the opportunity to participate in wholesale electricity markets through Demand Response programs and Capacity Tag Management services. Our experienced team has core expertise in these markets and has created a quality product that continues to grow and meet facilities’ needs. For more information, please fill out an interest form here or email: demandresponse@jouleassets.com.

Products

  • Demand Response – Joule enables facilities both big and small to participate in demand response throughout the U.S. and Europe.

 

  • Capacity Tag Management  Joule Energy Services has developed a notification alert system to warn clients on the likelihood of hitting a system peak. We offer this service for free to customers in participating markets in the U.S. and the U.K.

 

  • Project Financing Services  Joule can provide project financing for qualifying clients.  If a facility needs to install building controls or upgrade its entire HVAC system to participate in DR, Joule will finance the upgrades!

 

Resources

Joule Energy Services recently hosted a webinar, “Demand Response: How to participate in Emergency Response Service (ERS) in Texas”. In case you missed it, you can view the following materials:

  1. View a recording of the webinar here
  2. Download a copy of the presentation here
  3. Download a pdf of the webinar Q&As here
  4. Download a Demand Response Program Highlight Sheet here

 

If you are interested in learning more about our services, please contact us at info@jouleassets.com.

Team

Mike Gordon, CEO
As CEO, Mike is strategic lead for Joule. He is responsible for conceptualizing and developing products and services. Mike has historically played a central role in founding industries in the energy field and building Energy Reduction Asset Markets through empowering consumers. Mike founded ConsumerPowerline in 2000, generally recognized as the United States’ first demand response aggregator. Specializing in serving end users in deregulated wholesale electricity markets, ConsumerPowerline (later “CPower”) built 1,000 MWs of demand response internationally, and until its sale to Constellation Energy Group (NYS:CEG), CPower remained the largest provider of short notice (defined as shed load within ten minutes of call) demand response in the world. It was not Mike’s first foray into the energy field. In 1981, Mike took a job as the sole employee of a 127-home heating oil buying collective, that had negotiated an advantageous “collective buying” contract with a heating oil supplier in New York City, modeled after a similar collective in Ottawa, Canada. Fueled by the energy crisis, consumer advocacy, and media attention, within three years the collective served 3,000 homes and seven heating oil suppliers. Over the next year Mike negotiated “first of their kind” collective buying contracts for consumers in Washington DC, Maryland, New Jersey, New York and Massachusetts. Today, heating oil collectives serve a major portion of the Eastern residential market, saving consumers hundreds of millions of dollars each year. Mike holds a Masters in Public Administration from Harvard’s Kennedy School and a Masters in Business Administration from the Wharton School at the University of Pennsylvania. Mike also holds a BA from the State University of New York at Binghamton.
Dennis Quinn, COO
Mr. Quinn is currently COO and co-founder of Joule Assets responsible for market development, development of web-based customer engagement platform and company sales. Previously, Mr. Quinn was a founding member and CEO of Celerity Energy LLC, one of the first demand response companies in the US in 2000 and early on successfully developed one of the largest portfolios of demand response clients in the Western US by developing win/win business relationships with his clients, which ranged from major industrial, commercial and institutional customers, including California’s 30 major public universities. Mr. Quinn was instrumental in developing early rules of participation for DR in California. His vision to create a fully dispatchable portfolio of resources under a 25 MW long term contract led to one of the first successful third-party-owned non-spin reserve DG/DR resources in the US. Mr. Quinn successfully sold Celerity Energy in 2006 to EnerNOC. Mr. Quinn’s familiarity and success in working with investor-owned and public utilities was cultivated during his years at PacifiCorp where he held a variety of management positions ranging from utility operations to special project management. As Vice President of PacifiCorp Development Company, he led development efforts for over $300m in domestic and international operating power projects. Mr. Quinn’s experience and success with energy efficiency and conservation stretches back over 20 years when, as head of PacifiCorp’s weatherization initiatives, the company achieved 100% customer participation in Bonneville Power’s landmark Hood River Conservation Project, still heralded today for its early work in measuring the energy savings and socio-economic benefits of retrofit weatherization. From early 2007 until his current role as COO of Joule Assets, Mr. Quinn led MW Corporation’s entry into renewable energy development in India through its subsidiary, Entegra Ltd. While at Entegra, Mr. Quinn successfully secured two of the first grid-scale solar power projects in India; a 1 MW solar PV project and a 10 MW solar thermal project. Additionally, Mr. Quinn led the investment structuring of $25m in foreign equity funding into Entegra’s 400 MW hydroelectric project which has recently been completed.
Rich Fusco, Managing Director
Richard Fusco is responsible for the day-to-day management of Joule Energy Services (JES), a division of Joule Assets that provides access to demand response and other energy management services. Fusco is also responsible for the long-term development of all of JES’s products and offerings. Prior to joining Joule, Fusco was an analyst for the Connecticut Department of Energy, where he analyzed the State’s energy industry and helped administer American Recovery and Reinvestment Act of 2009 (ARRA) stimulus funding. He has broad knowledge and expertise in all facets of the energy industry. Fusco earned a Bachelor of Arts degree from Williams College, where he double-majored in physics and philosophy.
Mike Gordon, CEO
As CEO, Mike is strategic lead for Joule. He is responsible for conceptualizing and developing products and services. Mike has historically played a central role in founding industries in the energy field and building Energy Reduction Asset Markets through empowering consumers. Mike founded ConsumerPowerline in 2000, generally recognized as the United States’ first demand response aggregator. Specializing in serving end users in deregulated wholesale electricity markets, ConsumerPowerline (later “CPower”) built 1,000 MWs of demand response internationally, and until its sale to Constellation Energy Group (NYS:CEG), CPower remained the largest provider of short notice (defined as shed load within ten minutes of call) demand response in the world. It was not Mike’s first foray into the energy field. In 1981, Mike took a job as the sole employee of a 127-home heating oil buying collective, that had negotiated an advantageous “collective buying” contract with a heating oil supplier in New York City, modeled after a similar collective in Ottawa, Canada. Fueled by the energy crisis, consumer advocacy, and media attention, within three years the collective served 3,000 homes and seven heating oil suppliers. Over the next year Mike negotiated “first of their kind” collective buying contracts for consumers in Washington DC, Maryland, New Jersey, New York and Massachusetts. Today, heating oil collectives serve a major portion of the Eastern residential market, saving consumers hundreds of millions of dollars each year. Mike holds a Masters in Public Administration from Harvard’s Kennedy School and a Masters in Business Administration from the Wharton School at the University of Pennsylvania. Mike also holds a BA from the State University of New York at Binghamton.
Dennis Quinn, COO
Mr. Quinn is currently COO and co-founder of Joule Assets responsible for market development, development of web-based customer engagement platform and company sales. Previously, Mr. Quinn was a founding member and CEO of Celerity Energy LLC, one of the first demand response companies in the US in 2000 and early on successfully developed one of the largest portfolios of demand response clients in the Western US by developing win/win business relationships with his clients, which ranged from major industrial, commercial and institutional customers, including California’s 30 major public universities. Mr. Quinn was instrumental in developing early rules of participation for DR in California. His vision to create a fully dispatchable portfolio of resources under a 25 MW long term contract led to one of the first successful third-party-owned non-spin reserve DG/DR resources in the US. Mr. Quinn successfully sold Celerity Energy in 2006 to EnerNOC. Mr. Quinn’s familiarity and success in working with investor-owned and public utilities was cultivated during his years at PacifiCorp where he held a variety of management positions ranging from utility operations to special project management. As Vice President of PacifiCorp Development Company, he led development efforts for over $300m in domestic and international operating power projects. Mr. Quinn’s experience and success with energy efficiency and conservation stretches back over 20 years when, as head of PacifiCorp’s weatherization initiatives, the company achieved 100% customer participation in Bonneville Power’s landmark Hood River Conservation Project, still heralded today for its early work in measuring the energy savings and socio-economic benefits of retrofit weatherization. From early 2007 until his current role as COO of Joule Assets, Mr. Quinn led MW Corporation’s entry into renewable energy development in India through its subsidiary, Entegra Ltd. While at Entegra, Mr. Quinn successfully secured two of the first grid-scale solar power projects in India; a 1 MW solar PV project and a 10 MW solar thermal project. Additionally, Mr. Quinn led the investment structuring of $25m in foreign equity funding into Entegra’s 400 MW hydroelectric project which has recently been completed.
Rich Fusco, Managing Director
Richard Fusco is responsible for the day-to-day management of Joule Energy Services (JES), a division of Joule Assets that provides access to demand response and other energy management services. Fusco is also responsible for the long-term development of all of JES’s products and offerings. Prior to joining Joule, Fusco was an analyst for the Connecticut Department of Energy, where he analyzed the State’s energy industry and helped administer American Recovery and Reinvestment Act of 2009 (ARRA) stimulus funding. He has broad knowledge and expertise in all facets of the energy industry. Fusco earned a Bachelor of Arts degree from Williams College, where he double-majored in physics and philosophy.