Ice Energy, a portfolio company of Argo Infrastructure Partners LP, is a thermal energy storage company that offers scalable, sustainable and proven solutions that harness the power of ice to improve electric grid reliability and reduce energy costs for commercial, industrial and residential customers.
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Ice is a medium that can be stored as a form of energy for later use, such as in ice-based thermal energy storage systems. These thermal energy storage systems help reduce strain on the grid by addressing the main culprit of peak grid demand – air-conditioning – and can boost the utilization of renewable resources as much as 50%.
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Drift ice, also called brash ice, is that is not attached to the shoreline or any other fixed object (shoals, grounded icebergs, etc.). Unlike , which is "fastened" to a fixed object, drift ice is carried along by winds and , hence its name. When drift ice is driven together into a large single mass (>70% coverage), it is called pack ice. Wind and currents can pile up that ice to form
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Pumped storage hydropower is the world's largest battery technology, with a global installed capacity of nearly 200 GW – this accounts for over 94% of the world’s long duration energy storage capacity, well ahead of lithium-ion and other battery types. Water in a PSH system can be reused multiple times, making it a rechargeable water battery.
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According to data from the , accounted for 8.4% of total primary energy production and 21% of total utility-scale electricity generation in the United States in 2022. Since 2019, has been the largest producer of renewable electricity in the country. Wind power generated 434 of electricity in 2022, w.
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But while batteries can store solar-generated electricity for use at later times, Ice Energy’s rooftop units use that solar output to make ice, then use that ice later in the day to drastically reduce the amount of electricity those AC units need -- a procedure that’s known as "thermal energy storage."
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