Nostromo Energy in partnership with Olivine, Inc. and California Independent System Operator (CAISO) Scheduling Coordinator services announced a groundbreaking achievement in distributed energy resource (DER) management. Nostromo's innovative IceBrick system, installed at the iconic Beverly Hilton Hotel and serving also the adjacent Waldorf Astoria, is the first behind-the-meter thermal energy storage system to participate in the CAISO wholesale energy market as a standalone demand response resource.

Nostromo's innovative IceBrick system, installed at the iconic Beverly Hilton Hotel and serving also the adjacent Waldorf Astoria, is the first behind-the-meter thermal energy storage system to participate in the CAISO wholesale energy market as a standalone demand response resource. This milestone culminates a period of intensive testing and validation, marking a significant step towards realizing the Department of Energy's (DOE) vision of "grid-interactive efficient buildings" to make electricity more efficient, reliable, and affordable. According to DOE, grid-interactive buildings could save the U.S. electricity system between $8 and $18 billion annually by 2030. Read More