IceBank thermal energy storage tanks can store renewable energy, like wind and inexpensive night-time electricity, in the form of ice for  use during peak demand periods. Reducing the peak electric demand using thermal energy storage can cut cooling costs 20-40%, source energy and emissions are reduced and construction of new power plants and transmission lines can be delayed or eliminated..
 

BENEFITS OF TES

It reduces operating costs by 25% to 30% because of reduction in demand charges.
It reduces initial costs of chillers, cooling towers, cables, electrical panels and generators.
It uses lower cost, off peak electricity (usually at night) to produce cool energy