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Distributed Energy Storage for Air Conditioning
Ice Energy owns
a proprietary technology and a field tested product that
unleashes the off-peak potential of our nation's electrical
grid.
Acute constraints in the grid are caused by our demand for
air conditioned comfort. The blackout
last summer was graphic evidence that the grid can’t
service the daytime demand for cooling when typically 30% of
the energy is flowing to service commercial and residential
air conditioning demand. We can't meet the growing daytime
demand for cooling yet an excess generation and transmission
capacity exists at night. Ice Energy bridges the gap by
filling the valley at night with the peak from the day with
an affordable, off-the-shelf, non-engineered energy storage
product known as the Ice Bear.
Ice Energy
provides Demand Side Management, Energy Storage, Peak
Shaving, and Energy Conservation solutions for commercial
buildings ranging from small fast food restaurant chains to
box retailers, Elementary schools, branch banks, automotive
dealers, military bases and residences.
Ice Energy
manufactures an efficient, affordable, off-the-shelf
Distributed Energy Storage module that directly offsets the
single largest contributor to summer on-peak demand --air
conditioning. The technology is good for the environment and
it saves money. The Ice Bear offsets the need for new peak
power plants and transmission lines and virtually eliminates
on-peak air conditioning electric demand by shifting energy
consumption to lower priced off-peak hours.
The Ice Bear is the first product to complement the high
volume "residential style" unitary (sometimes
referred to as central or packaged) air conditioning market.
The Ice Bear uses technology common to existing residential
and small to medium sized commercial building HVAC design.
The local HVAC dealer installs the complete solution which
includes standard thermostats, fans, evaporator coils and
refrigeration supply lines. Ice Energy manufactures the
Distributed Energy Storage module and packages a standard
5-Ton compressor/condenser assembly. Example
of a typical installation.
Our customers continue to enjoy the benefits of cooling
even during the hottest on-peak summer days without sacrifice,
while saving money and reducing air pollution. Ice Energy
is an enabling technology for real-time and time-of-use
pricing as it allows commercial and residential customers
to purchase and receive electricity when demand and prices
are low and to later use that energy to produce air conditioning
when demand and prices are high. Ice Energy uses a high-efficiency
air conditioner condensing unit to make ice during the evening’s
off-peak hours. The system provides cooling during the day
by seamlessly disengaging the energy-consuming, 5000-watt
compressor and replacing it with a small, 100-watt refrigerant
pump. One of the many remarkable features of the Ice Bear is that
it uses the same amount of energy (or less) in a twenty four
hour period. The markets we serve.
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Cut
your electric bill by reducing summer peak electricity
demand
Our patented technology reduces the cooling portion of demand
based electric bills by as much as 90% without requiring
changes to behavior, obtaining environmental emissions permits,
or installing new utility interconnections. In many applications,
overall energy usage may be reduced, satisfying environmentally
concerned commercial and residential consumers.
Ice Energy customers use electricity off-peak, when electric
demand and energy prices are low, to make and store ice
energy using their HVAC’s compressor. The stored ice energy
later provides inexpensive cooling during the high energy
priced and hottest hours of the day.
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November
18, 2003
Industry News
Ice Energy Receives
Top Industry Award
2004 AHR Expo Innovation Award Winners Selected
The winners of the second
annual AHR Expo
Innovation Awards have been announced by the program
sponsors. The most innovative products among the thousands
on display at the 2004 AHR Expo have been selected as
winners...
read more..
October
20, 2003
Seventy-five emerging technology companies in the energy
industry converged on Philadelphia Thursday to introduce their
businesses to some of the premier energy venture capitalists
from around the world. The companies presented their best case
for funding to an audience of investors, including angels,
venture capitalists, equity partners, investment banks, and
utilities.
read more..
October
17,
2003
Ice Energy Named "Most Promising Company" At Recent
Energy Venture Fair IV
Philadelphia,
PA-October 17, 2003 Ice Energy, LLC., today
announced that it was named "Most Promising Company" among
the 75 energy companies that presented at the Energy Venture
Fair IV, held in Philadelphia, Pennsylvania last week.
Energy Venture Fair IV is an event organized to bring
emerging companies in the energy sector together with an
audience of more than 300 angel investors, venture
capitalists, equity partners, and investment banks.
Ice Energy serves the demand side management sector with
a proprietary energy storage product that unleashes the
off-peak potential of the electrical grid.
read more..
September,
2003
Joseph T. Gorman Joins Ice Energy Board of Directors
Mr. Gorman, a renowned business leader, who served as chairman
and CEO of TRW Inc. from December 1988 through his retirement
in January 2001, has accepted a position on Ice Energy's
board. Mr. Gorman had been TRW's president and COO since
1985. Mr. Gorman is currently director of Alcoa Inc., the
Procter and Gamble Company, National City Corporation, and
Imperial Chemical Industries PLC.
read more..
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