At night, demand on the grid is lower, energy costs tend to be lower, and temperatures are also lower. These three factors make night an attractive time to produce thermal storage. This allows facility managers to time-shift HVAC-related energy costs to reduce peak demands on the grid and lower energy costs.
Although some facility managers have developed their own methods for time-shifting HVAC energy requirements, Ice Energy may be the first vendor to market a product specifically designed to do this. The Ice Bear* distributed energy storage system provides up to 5 tons of cooling load during peak hours.
It's good to see innovative products like this coming to market.