Sep 28 2010
Ice Energy, a company offering smart grid solutions and sophisticated energy storage to the electric utility companies, has initiated a new distributed energy storage model project in arrangement with Toronto Hydro-Electric System Ltd.
The pilot project if proved to be productive will assist in reducing the peak power electric power demand of Ontario during summer.
The model project has received funding under the Conservation Fund Program of Ontario Power Authority. The program patronizes the introduction of a dependable and maintainable electricity structure and financially supports such introductions which can be improved to attain good energy efficiency in Ontario Province. The newly introduced Ice Bear energy storage solution allows the utilities to take advantage of the increased power generation during the off peak period and store it in selected building locations with proper power storing facilities and transfer the stored power to the grid to manage the peak power demand during summer. The project after pilot testing will be installed in some of the chosen industrial and commercial locations as well as in Toronto Zoo during the last quarter of 2010.
Chris Tomasini, Ice Energy’s Regional Manager, said that the newly introduced system will perfectly match the electricity production and usage of the province. He added that the Ice Bear solution introduced by his company has the capability to store and manage thermal power and the newer solar and wind power generations and provide quicker quantifiable advantages to the system
Chris Tyrrell, Toronto Hydro’s Vice President and Chief Conservation Officer, said that the new project entirely aligns with their idea of efficient power management. He added that the solution provided by Ice Energy will drastically lessen the peak power demand for air conditioning in such buildings where the energy storage solution is implemented.
Source: http://www.ice-energy.com/