Ice Energy, a provider of smart grid and distributed energy-storage solutions for leveling peak energy demand, plans expand its offerings to focus on utility-scale deployment. The company's technology involves lossless distributed energy storage with closed-loop, two-way control and a software infrastructure to permanently reshape the load curve.
Unlike load management cycling or other curtailment programs that harm customer comfort and economic productivity, Ice Energy permanently and transparently shifts cooling energy consumption to off-peak hours, with no negative impact to consumers, the company says.
The technology is designed to complement intermittent, off-peak renewable portfolio assets such as wind and solar, enabling utilities to shift significant load to off-peak hours when the energy delivery system is both underutilized and more thermally efficient.
SOURCE: Ice Energy