Global Cold Storage Market to Reach $212 Billion by 2025
An Established Market – Innovation is Key
We aim to develop strategic partnerships and target heavy end-users to provide significant savings as peak shaving solution providers.
Peak Shaving Solution
Heavy energy-users can easily integrate The MTESS into their existing infrastructure and expect significant cost savings by storing HVAC cooling when electricity prices are low and deploying when prices are high. Demand charges for commercial/industrial consumers can account for 70% of their total energy bill.
Deployable Load-Leveling Resource
Fleets of Thermal Battery systems are deployed to areas of heavy commercial/industrial energy usage to provide cooling during on peak hours offering distributed, on-demand, load-balancing resources for utility providers to improve grid resilience and efficiency by offering an alternative to expensive and inefficient peaker plants that have been aging industry standard.
Deferred Infrastructure Investment
Utility Providers are able to avoid the expensive operating and construction costs of fossil-fuel based peaker plants by implementing LoCap’s Thermal Battery to balance overall demand.