Items Tagged with 'thermal energy storage'

ARTICLES

Thermal Energy Storage Market to Grow

Expected to exceed $55 billion
April 4, 2019
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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.


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thermal storage

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
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.
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Battery

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 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.


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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.


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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.


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Viking Thermal Energy Storage System

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.


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