HVAC Breaking News

Sept. 1, 2014: Ice Energy Names Mike Hopkins President

Company’s Key Product, the Ice Bear, Works in Conjunction with a Standard Commercial Rooftop A/C Unit

September 1, 2014

LOS ANGELES — Ice Energy, a leading provider of distributed thermal energy storage technology, has announced Mike Hopkins as president of the company. Hopkins previously served as the company’s executive vice president of corporate development and legal and played a key role in engaging with utilities across the country and internationally.

“Ice Energy is poised to become a very significant force in the energy space with tremendous interest throughout the industry. To prepare for the growth, the board has asked Mike Hopkins to assume the role of president and lead our efforts in branding, marketing, IT, finance, contract and partner negotiations, as well as investor relations,” said James Kelly, Ice Energy director and former senior vice president of transmission and distribution for Southern California Edison. “Mike is an experienced and proven leader with just the right skills for the job. Visionary CEO Dave Prezioso will continue to focus on R&D, development of upcoming new product lines, and operations. This talented and dedicated pair will help us accelerate Ice’s growth and prominence in the marketplace.”

Hopkins joined Ice Energy in 2009 after co-founding a geospatial information services company and serving as partner during an 18-year career with Bennett Jones LLP, a Canadian law firm and leader in energy and climate change. While practicing law, his specialty was developing and financing oil and gas fields and power projects. Hopkins also served on the firm’s executive committee, leading the utilities, international, and independent power groups.

Ice Energy’s key product, the Ice Bear, works in conjunction with a standard commercial rooftop a/c unit. The Ice Bear freezes ice at night when demand for power is low and electricity is less expensive. Then during the day, the stored ice is used to provide cooling, instead of using the a/c unit’s compressor. Ice Bears are deployed in smart-grid-enabled, megawatt-scale fleets, and each Ice Bear can reduce CO2 emissions by about 10 tons per year.

Ice Energy recently passed the 20 million operating-hour mark for its fleet of Ice Bear thermal energy storage units. Almost 1,000 units are currently installed in more than 40 different utility service territories nationwide.

For more information, visit www.ice-energy.com.

Publication date: 9/1/2014

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