Companies team on energy storage solution

Caption: Ice Bear's thermal energy storage


NRG Energy (NYSE: NRG) and Ice Energy partnered on an innovative energy storage solution.
 
The companies will provide 25.6-MW of behind-the-meter energy storage using Ice Energy’s proprietary Ice Bear technology for Southern California Edison. The companies were awarded 20 year long-term contracts to provide the storage solutions.
 
Approximately 1,800 Ice Bear units will be installed in Orange County beginning in early 2016, subject to the approval of the California Public Utilities Commission. The systems freeze ice overnight when power demand is low, and then use the stored ice during the day to provide cooling instead of AC compressors.

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