Thermal demands are shaping the grid
78% of the world’s population lives between the latitudes of 45˚N and 30˚S, which means that their peak demand is heavily subjected to cooling demands during peak hours in the summer months.
35-45% of electricity demand during peak demand is driven by the requirements of cooling system (e.g., commercial chillers and HVAC systems). This is the biggest pain point of the electrical grid, and it is not caused by demand for electricity but by demand for cold energy, leading to insane electricity consumption.
THE LATENT HEAT OF WATER
Although water is amazingly potent in storing thermal energy when changing its phase from liquid to Ice, although the primary need through peak demand is for cooling and NOT for electricity, and although water is a thousand times cleaner, safer, and cheaper than lithium, as documented by the DOE, out of 195,105 MW of energy storage systems, only 103 MW are related to ice thermal storage systems. We are here to change that, and to allow water to become the next revolutionary substance, that will dominate the Behind-The-Meter energy storage arena.