Solar Thermal Energy Storage provides significant cost savings and carbon emission reduction

HOUSTON, June 1, 2016 /PRNewswire/ — Viking Cold Solutions has completed another energy efficiency installation, helping the San Diego Food Bank-the largest hunger relief organization in San Diego County-reduce costs and feed over 100,000 meals to hungry San Diegans.

Jacobs & Cushman San Diego Food Bank has installed Viking Cold’s patented Solar Thermal Energy Storage System that leverages rooftop photovoltaic during the day and thermal energy storage at night. When PV generation is unavailable, the system reduces electricity consumption by 95 percent, delivering green, cost-effective, around-the-clock energy management. The system is among 24 built and installed by Viking Cold Solutions in cold storage warehouses and grocery stores in Bermuda, Puerto Rico, St. Thomas, California, New Mexico and Texas.

“To combat hunger in our county, the Jacobs & Cushman San Diego Food Bank will distribute more than 22 million pounds of food this year.” said Casey Castillo, VP of Finance and Administration.  “This solution fits in perfectly with our energy efficiency initiative – where we have already completed numerous cost-effective measures.  Our hope is that installing Solar Thermal Energy Storage will not only allow us to add thermal backup protection, leverage our solar system, and increase temperature stability, but most importantly, the savings will allow us to provide an additional one hundred thousand meals to hungry San Diegans over the life of the system.”

“Our installation of thermal energy storage at San Diego Food Bank perfectly portrays our company focus on efficiency and sustainability” said James Bell, CEO of Viking Cold Solutions. “When our thermal energy storage technology is paired with solar generation, the result is an efficient, on-demand, green energy solution. The Viking Cold Solar Energy Storage solution extends the benefits of PV long after the sun goes down; effectively removing the freezer from the electrical grid.”

The Viking Cold’s Thermal Energy Storage solution couldn’t come at a better time for California utilities. Legislation signed by Governor Brown will require half of the state’s electricity to come from renewable sources such as solar and wind by 2030. Utilities can benefit from Viking Cold’s Thermal Energy Storage solution by providing storage and demand reduction at customer sites, helping stabilize the electricity grid as renewable penetration grows.

To learn more, please watch Viking Cold’s 90 second video which explains how the technology works. See more details on the San Diego Food Bank Case here.

Viking Cold Solutions™ is an energy storage company focused on making the world’s cold storage systems more efficient. Its Thermal Energy Storage Systems have saved their clients over 5900 MWh of energy and have removed over 4000 metric tons of Carbon from the air. Its team has deep expertise in cold storage energy management, supermarket energy management, and thermal energy storage systems.

Viking Cold provides turnkey energy-management solutions that reduce operational costs and business risk for cold storage and supermarkets with high refrigeration-based energy loads.    The company is expanding rapidly throughout the U.S. and internationally. Learn more at vikingcold.com.

U.S. innovator launches technology to harness solar energy to cut costs and carbon emissions of European cold storage facilities and supermarkets, whilst protecting the grid.

HANNOVER, GERMANY (April 26, 2016)  Viking Cold Solutions™, a leading provider of Thermal Energy Management solutions for cold storage facilities and supermarkets, has today announced the launch of Solar Energy Storage™ at Hannover Messe, the world’s leading trade fair for industrial technology.

The system combines Viking Cold’s patented Thermal Energy Storage system                                                                               with rooftop photovoltaic (PV) to deliver green, cost-effective, around-the-clock energy management for cold storage facilities, supermarkets, and utilities. The system can reduce electricity peak demand by up to 90 percent, saving customers money and helping to balance the electricity grid.

James Bell, CEO of Viking Cold Solutions said:

“Solar has proven to be a low-cost, reliable, and green generation resource, but its intermittent nature has prevented its use for powering around the clock refrigeration.”

Until now, the missing piece has been cost-effective and reliable thermal energy storage.  Our system enhances the usability of solar energy for cold storage operators, allowing them to store latent power within storage cells, to sustainably protect their products, while lowering operating energy costs.”

The technology enables cold-storage facilities, supermarkets, and utilities to intelligently store and deploy PV generated power within refrigerators to delay their use of energy and to reduce energy costs.  The patented Thermal Energy Storage Cells originate from a NASA approach to using ‘Phase Change Material’ to absorb infiltrated heat so that products remain at their target temperatures. This environmentally friendly solution solves one of the largest challenges to solar energy utilisation by reducing renewable variability.

Viking Cold’s Solar Energy Storage solution comes at an important time for Europe, which has set a binding target to generate at least 20% of its energy from renewable sources by 2020. “Viking Cold’s Solar Energy Storage stands ready to help Europe meet its renewable energy targets while helping to balance the grid by reducing peak demand.” said Bell. “As renewable penetration grows, it will ultimately overwhelm the ability of conventional resources to compensate for renewable variability.”

Utilities benefit from Viking Cold’s Solar Energy Storage solution by providing a “buffer” of on-demand, efficient, and green Thermal Energy Storage at customer sites. The solution also helps stabilize the grid, enabling more intermittent users and suppliers of electricity to safely interconnect and helps achieve mandatory local energy storage targets.

Rooftop solar combined with Viking Cold’s Solar Energy Storage™ derives multiple advantages for both businesses and grid operators across Europe:

• Increase the value of solar PV –  Store energy during the day and use it for refrigeration at night (increasing savings)
• Cost-effectiveness and system longevity – Rooftop solar and Viking Cold’s Solar Energy Storage are low-cost and are designed to last for at least 20 years or the life of the facility, with minimal maintenance
• Lower peak demand charges –  Peak load shedding or shifting at any time of day increases savings during periods of renewable variability or at peak rate times
• Reduce operational risk – Thermal backup allows customers to maintain safe temperatures and preserve food quality during power outages or equipment failure,  eliminating perishable food loss and reducing business interruption
• Economic development – Rooftop solar and Viking Cold’s Solar Energy Storage use local engineering and labor, leveraging utility investments to boost the local economy

The demand for fresh and frozen products combined with an expanding population, has rapidly pushed up the demand for cooling across the world.  The European Commission forecasts that the demand for cooling in Europe will rise by 73% by 2030.

About Viking Cold Solutions™
Viking Cold Solutions™ is a thermal energy management company focused on making the world’s cold storage systems more efficient. Their Thermal Energy Storage Systems have saved their clients over 5,700 MWh of energy and have removed over 3,900 metric tons of Carbon from the air. Their team has deep expertise in cold storage energy management, supermarket energy management, and thermal energy storage systems. Viking Cold’s environmentally friendly storage solutions reduce operational costs and lower business risk for cold storage and supermarkets with high refrigeration-based energy loads. The company is expanding rapidly throughout the U.S. and internationally. Learn more at www.vikingcold.com.

To learn more, please watch Viking Cold’s 90 second video which explains how the technology works.