Energy Storage News•29 days ago
Nostromo’s thermal ESS participates in CAISO energy market
Key Takeaway
The entry of thermal energy storage into the CAISO wholesale market validates a new revenue stream for this technology and offers innovative demand-side management options for large power consumers.
AI Summary
- •Nostromo Energy's IceBrick thermal energy storage (TES) technology is now participating in the CAISO wholesale energy market.
- •This development validates TES as a viable, revenue-generating asset class for developers in competitive energy markets.
- •Large power consumers with significant cooling loads can leverage TES for peak demand reduction and potential revenue from grid services within CAISO.
Topics
caisostorage