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Ice Energy’s Ice Bear Energy Storage Systems Surpass Five Million Hours of Operation

August 25, 2010

WINDSOR, CO – August 25, 2010 – Ice Energy, a leading provider of advanced energy storage and smart grid solutions to the electric utility industry, today announced that its Ice Bear energy storage systems have successfully recorded more than five million hours of cumulative field run time.

Since 2005, the company and its utility partners have installed and operated Ice Bear distributed energy storage units, which shift building energy use from peak to off-peak hours – when electricity generation is cleaner, more efficient and less expensive – across a wide range of climates and geographies throughout the United States and Canada. Locations include the hot, dry deserts and inland valleys of California, Arizona and Nevada, the coastal climates of Hawaii, California and Florida, the hot and humid climates of Texas, Tennessee and Alabama, and the extreme temperature regions of Ontario, Canada, and Northern Colorado.

In logging the five million hours, the systems have been successfully operating on a wide range of commercial, retail, government, and educational facilities, with uptime in excess of 99%. These include major national retailers, restaurants and fast-food outlets, convenience stores, data centers, libraries, fire and police stations, schools, light commercial and manufacturing facilities, municipal buildings, an airport and even a motion picture studio.

The energy-efficient operation of the Ice Bear system in commercial applications in the field was documented in a recent ASHRAE publication, co-authored by Ice Energy’s Robert Willis and Brian Parsonnet. The report, entitled “Energy Efficient TES Designs for Commercial DX Systems,” was published earlier this year in ASHRAE Transactions, and is available online from Ice Energy at
https://iceenergys.com/RESOURCES/WHITEPAPERS/tabid/405/Default.aspx.

When aggregated and deployed at scale, Ice Energy’s Ice Bear energy storage system represents a sustainable new energy solution equivalent to thousands of megawatts of clean peak power for utilities, enabling them to deliver reliable, competitively priced electric service to their customers in a sustainable, environmentally-sensitive manner.

The company recently announced an agreement with the Southern California Public Power Authority (SCPPA) to implement a 53 Megawatt energy storage project utilizing Ice Energy technology. The project, which represents the deployment of Ice Bear systems on thousands of locations throughout Southern California, will reduce California’s peak electrical demand by as much as 64 Gigawatt hours annually, saving enough on-peak energy to power the equivalent of 10,000 average homes.


ABOUT ICE ENERGY
Ice Energy is a leading provider of advanced energy storage and smart grid solutions to the electric utility industry. Founded in 2003, the company is dedicated to transforming energy system efficiency and improving grid reliability through the development of advanced technology solutions that promote the efficient use of energy resources, reduce our dependency on fossil fuels, and enable the transition to a cleaner, smarter, more sustainable power grid. The company is headquartered in Windsor, Colorado, with offices in Orange County and Sacramento, California. For more information, visit www.ice-energy.com or follow us on Twitter @ http://twitter.com/IceENRG.

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