New Markets as Peak Shaving Providers
Solar Thermal technologies, CSP Plants and Heat to Power technologies are limited to supplemental power production during daily operation. However, if Heat-To-Power/Solar Thermal companies were to couple their heat engine systems with TES components, it opens up entirely new markets and opportunities as peak shaving solution providers. Intermittent or off-peak heat resources can now be utilized!
Peak Shaving Market
On-Demand power production opens the door to attractive new peak-shaving markets. Demand charges for industrial consumers can make upto 70% of the total energy bill.
Greater Energy Reservoir
MTESS accumulates thermal energy 24/7, which means more energy is available to generate power. Higher power output means bigger sales potential.
ITC Tax Incentives & Financing Options
Up to 30% ITC cost reduction on the up-front cost for your projects when incorporating MTESS. Low up-front costs and financing options available.
S.1868 Energy Storage Tax Incentive and Deployment Act of 2017