Ice Energy Explained

Ice Energy
Type:Private
Industry:Energy storage
Hq Location City:Santa Barbara, California
Hq Location Country:United States
Area Served:California
Products:Ice Bear, Ice Cubnum_employees =

Ice Energy is a thermal energy storage company serving utility companies in the U.S. state of California.[1]

Products

The company's products operate on the customer side of the electricity meter.

The Ice Bear serves small to mid-sized commercial buildings.[2] It freezes water at night when electricity is cheaper and uses that ice for daytime space cooling.[3]

The Ice Cub addresses residential applications.[4]

History

Ice Energy was founded in 2003. The assets of Ice Energy were reformed into Ice Energy Holdings in 2012.[5] In August 2014, Ice Energy revealed a version of the Ice Bear for single-family homes called the Ice Cub.[6] In November, the company won sixteen contracts with Southern California Edison.[7] [8] The contracts totaled 25.6 megawatts.[9]

In December 2019, the company filed for Chapter 7 bankruptcy.[10]

A reinvigorated version of the company began operating a 25.6 mwh energy storage program in southern California in 2020, supporting 100 customer sites. This program provided more than 45 GWh by October 2024. The company claimed that the program had reduced customer bills by 20%.

See also

External links

Notes and References

  1. News: St. John. Jeff. Ice Energy Finds Profits in Thermal Energy Storage. 8 January 2015. Greentech Grid. Greentech Media, Inc.. 20 June 2012.
  2. News: Cordner. Christine. SoCalEd's energy storage winners say RFO results legitimize the resource. 8 January 2015. SNL. SNL Financial LC. 14 November 2014.
  3. News: Wald. Matthew. Energy-Storage Plans Gain Ground in California. 21 January 2015. The New York Times. 21 December 2014.
  4. Web site: Shahan . Zachary . 2024-10-19 . Ice Energy Reaches Big California Virtual Power Plant Milestones . 2024-10-23 . CleanTechnica . en-US.
  5. Web site: St. John. Jeff. SCE Chooses Ice Energy for 25MW of Rooftop Thermal Energy Storage. Greentech Grid. Greentech Media, Inc.. 19 January 2015.
  6. Web site: Handova. Derek. Ice Tech Enables Time-Shifting for Single-Family House Cooling. Medium. 22 January 2015.
  7. Web site: Richardson. Jake. 25 MW Of Ice Energy Storage For Southern California Edison. Clean Technica. 22 November 2014 . Sustainable Enterprises Media, Inc.. 30 December 2014.
  8. Web site: Welter. Ben. Ice Energy lands 16 contracts with Southern California Edison. PureTemp. Entropy Solutions, LLC. 12 January 2015. 12 January 2015. https://web.archive.org/web/20150112200704/http://www.puretemp.com/pcmatters/ice-energy-lands-16-contracts. dead.
  9. Web site: Trabish. Herman. Big storage procurements leave more questions than answers. Utility Dive. Industry Dive. 20 January 2015.
  10. Web site: Ice Energy Holdings, Inc. Bankruptcy (8:19-bk-14865), California Central Bankruptcy Court. www.pacermonitor.com. 2019-12-30.

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