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NRG and Ice Energy Partner for Southern California Utility Storage Projects
1,800 Ice Bears to reduce power consumption during peak periods
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150707005392/en/
NRG and Ice Energy will meet the recently awarded 20 year long-term contracts to provide 25.6 megawatts of behind-the-meter energy storage using Ice Energy’s proprietary Ice Bear technology for Southern California Edison (SCE). NRG and Ice Energy will deliver the peak energy reductions associated with these contracts. Financial terms of the agreement were not disclosed.
“As one of California’s largest providers of renewable and traditional
energy generation as well as electric vehicle fast charging solutions,
energy storage is a natural next step for NRG to help meet the state’s
energy needs,” said
Subject to final approval from the
“Aligning with NRG makes perfect sense as both companies share a common
goal of helping
Including the 178 MW of demand response and energy efficiency products awarded to NRG in SCE’s recent RFO, this arrangement will bring NRG’s total commitment to California’s growing Preferred Resources market to over 200 MW.
Almost 1,000 Ice Bear units are already installed in more than 40 different utility service territories nationwide, surpassing 27 million hours of reliable operation.
NRG is leading a customer-driven change in the U.S. energy industry by
delivering cleaner and smarter energy choices, while building on the
strength of the nation’s largest and most diverse competitive power
portfolio. A Fortune 200 company, we create value through reliable and
efficient conventional generation while driving innovation in solar and
renewable power, electric vehicle ecosystems, carbon capture technology
and customer-centric energy solutions. Our retail electricity providers
serve almost 3 million residential and commercial customers throughout
the country. More information is available at nrg.com. Connect with
About Ice Energy
Ice Energy delivers cost-effective, reliable and highly efficient distributed energy storage and smart grid solutions to utilities using direct-expansion AC technology. The company’s smart grid platform integrates distributed energy storage technology with an advanced software infrastructure and intelligent two-way control to provide utilities with a fully dispatchable grid asset that can be rapidly deployed at any scale. To learn more about Ice Energy, please visit www.ice-energy.com.
David Knox, 832-357-5732
Matthew Orendorff, 609-524-4526
Tracy Williams, 310-824-9000