Fire and Ice -Advanced Ice based Energy Storage System will Compliment Solar Thermal Power
Ice Energy, a leading provider of advanced energy storage solutions to the electric utility industry, has announced an agreement with Science Applications International Corporation (SAIC) (NYSE: SAI) that will extend the companyâ€™s Ice Bear distributed energy storage offering to U.S. Federal Government agencies and the military.
Leveraging SAICâ€™s market reach and expertise, the agreement with SAIC will enable Ice Energy to expand its sales and business development efforts for distributed thermal energy storage projects directly to more than 40 federal agencies and all branches of the U.S. military. By leveraging the higher efficiencies associated with generating and transmitting cleaner, more efficient and more abundant power off-peak, storing it at hundreds of distributed locations, and dispatching it during times of peak demand, Ice Energy represents a potential new energy solution equivalent to hundreds of megawatts of clean peaking power at U.S. government installations.
Benefits of the Ice Bear system include reduced daytime energy consumption, lower energy costs and a smaller environmental footprint on Federal buildings and military bases, without sacrificing the comfort or performance of employees and service personnel.
“Ice Energy has a proven, scalable solution that is ready for large-scale system deployment today, providing a powerful, cost-effective alternative to help the Federal government address the growing demand for clean, renewable energy and meet the mandate of Executive Order 13514 to reduce GHG emissions by 28 percent over the next decade,â€ said Michael D. Genseal, Vice President of Project Development for SAIC.
â€œThis agreement between SAIC and Ice Energy will enable Ice Energy to swiftly and efficiently ramp its ability to develop and deliver 100â€™s of megawatts of energy storage projects to the Federal markets, at a time when it is critically important to this country,â€ said John McGee, COO of Ice Energy. â€œWorking together to bring this innovative solution to market, we can help our utility customers, and SAICâ€™s Federal customers, contribute to the development of a cleaner, more efficient, and more reliable power grid.â€
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.
Ice Energyâ€™s smart grid platform integrates revolutionary, distributed energy storage technology with an advanced software infrastructure and intelligent two-way control to provide utilities with a powerful, cost-effective alternative to conventional peaking power plants for meeting peak demand.abundant power, Advanced, advanced energy, agreement, alternative, building, business, business development efforts, class, clean, clean renewable energy, company, Convention, cost effective alternative, country, development, efficiency, Electric, energy consumption, energy solution, EnergyÃ¢, environment, environmental, environmental footprint, Executive Order, expertise, federal buildings, federal government agencies, federal markets, fuel, generating, ghg emissions, government, government installations, industry, infrastructure, International, john mcgee, Magazine, megawatt, megawatts, Michael D. Genseal, military, National, nm, NYSE, power, Power plant, president, project, provider, reach, renewable, renewable energy, SAI, SAICÃ¢, scalable solution, Science, science applications international, science applications international corporation, smart grid, software, solar, solar thermal, solar thermal power, storage, storage projects, storage technology, sustainable, System, system deployment, Technology, thermal, thermal energy, thermal energy storage, transition, u.s., US, Vice, wi, www
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