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.
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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
