thermal energy storage

Thermal Energy Storage Market to Grow

Expected to exceed $55 billion

April 4, 2019

As per a recent industry report put forward by Global Market Insights Inc., the thermal energy storage market is forecast to register its name in the billion-dollar fraternity down the line of six years, by exceeding a revenue of $55 billion by 2024, with a projected compound annual growth rate of 18.5 percent over 2018-2024.

Research Reveals Benefits of Thermal Energy Storage on the U.S. Grid and Managing Energy Supply

April 24, 2018

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DAVIDSON, North Carolina – Ingersoll Rand engaged with Western Cooling Efficiency Center at University of California, Davis, on research that shows thermal energy storage can provide significantly greater benefits to utilities and electricity grid operators than previously thought.

Whalen Closetline® CAS packaged heat pump

Whalen Goes Vertical

Kyle Gargaro

February 26, 2018

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As construction in major cities across America is going vertical, The Whalen Co. is helping with the HVAC part.

Thermal Energy Storage a Budding HVAC Option

The market’s set to grow from $3.67B in 2017 to $6.20B by 2022

Nick Kostora

August 21, 2017

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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.

Axiom Energy’s Refrigeration Battery Wins American Business Award

Thermal energy storage provides supermarkets with long-duration load shifting

June 5, 2017

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Axiom Energy has been honored with a Gold Stevie® Award for Energy Innovation in the 15^th 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.

Thermal Energy Storage Market Worth $6.2 Billion by 2022

Registering a CAGR of 11 percent

April 6, 2017

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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.

Thermal Energy Storage Market Worth $6.2 Billion by 2022

Registering a CAGR of 11 percent

April 6, 2017

No Comments

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.

Viking Thermal Energy Storage System Demonstrates Savings in Study

The system uses phase change material and intelligent controls to provide cold storage savings

December 5, 2016

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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.

Ice Energy Introduces Ice Cub Residential Cooling and Heating Solution

New residential ice storage system delivers efficient cooling and heating while optimizing solar usage

December 1, 2016

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Ice Energy, a provider of distributed thermal energy storage solutions, has launched the Ice Cub — a way to cool and heat the home, store energy, and optimize solar power.

Axiom Exergy Granted Patent for Direct Expansion Thermal Energy Storage

Company’s Refrigeration Battery solution intelligently optimizes cooling to reduce peak energy demand

October 24, 2016

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Continuing its efforts to bring energy storage to both utilities and facilities with large refrigeration and air conditioning needs, Axiom Exergy has been granted a patent for direct expansion thermal energy storage.