Dec. 26, 2012: Stem Announces First Energy Optimization Deployment at InterContinental Hotels
MILLBRAE, Calif. — Stem, a provider of energy optimization combining cloud analytics and intelligent energy storage to reduce commercial building electricity costs, announced its first customer deployment at two InterContinental hotels in San Francisco: the InterContinental Mark Hopkins in Nob Hill, and the InterContinental San Francisco in SoMa.
Stem said its system leverages the company’s proprietary combination of big data, predictive analytics, and energy storage to intelligently switch between grid power and battery power to reduce energy costs. According to Stem, the system offers an automatic, real-time decision making engine that dynamically stores energy from the grid and discharges energy into building operations to create maximum energy savings for customers. The system is powered by Stem’s cloud software and advanced power electronics working together to operate CODA Energy’s lithium-ion battery core.