Thermal energy storage has been a proven commodity for years in Europe, but the technology has seemingly been on the peripheral of the HVAC industry in the U.S. Now, energy storage is gradually stepping into the industry spotlight, and manufacturers are ready and willing to showcase their offerings in this important space.
Thermal energy storage provides supermarkets with long-duration load shifting
June 5, 2017
Axiom Energy has been honored with a Gold Stevie® Award for Energy Innovation in the 15th annual American Business Awards. The award recognized Axiom for its Refrigeration Battery, one of which is operating at a Whole Foods Market in Los Altos, California. According to Axiom Energy, other Refrigeration Batteries are scheduled for installation at a Walmart store in San Diego and planned for utilization by Con Edison in its Brooklyn and Queens New York territories.
According to a new market research report, "The Thermal Energy Storage Market, By Technology, Storage Material, Application, End-User, and Region - Global Forecast To 2022," published by MarketsandMarkets, the market is expected to grow from an estimated $3.67 billion in 2017 to $6.20 billion by 2022, registering a compound annual growth rate (CAGR) of 11 percent from 2017 to 2022.
The system uses phase change material and intelligent controls to provide cold storage savings
December 5, 2016
Viking Cold Solutions, a supplier of thermal energy storage systems, announced that a Southern California utility, along with an independent third party energy management firm, ASWB Engineering, completed a field demonstration study of the Viking Cold thermal energy storage (TES) system.
Refrigeration Battery helps control energy costs, prevent food spoilage during power outages
September 21, 2016
Owners of grocery stores and other cold storage facilities in parts of Brooklyn and Queens can now receive incentives from Con Edison’s Neighborhood Program for installing Axiom Exergy’s thermal energy storage system.
Plaza Provision Co., a leading food distributor in Puerto Rico, has purchased its fourth thermal energy storage (TES) system from Viking Cold Solutions, and where installed, the TES system has reduced energy consumption by over 30 percent.
System has the ability to condition the air and control humidity independently
September 13, 2016
The University of Nottingham is developing a solar air conditioning system that is said to have the capability to cut electricity consumption by up to 50 percent compared to conventional vapor compression (VC) systems.
Refrigeration Battery solution intelligently stores and deploys cooling to reduce peak energy demand
August 18, 2016
Axiom Exergy announced it has raised $2.5 million from investors to assist in scaling its thermal energy storage solution in the grocery store and cold storage facility markets. Using its Refrigeration Battery, Axiom said supermarkets and food distribution centers can reduce their peak energy demand by up to 40 percent.
Bill H.4568 includes provisions to increase adoption of energy storage technologies
August 15, 2016
CALMAC®, a leading supplier of energy storage systems, applauded the Massachusetts legislature on the passing of energy bill H.4568. The bill promotes renewable energy and it also includes provisions to facilitate the adoption of energy storage.