Press Releases
Two California Hotels Reduce Carbon Emissions With Nostromo
During peak hours, air conditioning in commercial and industrial buildings accounts for approximately half of California’s energy demands. These buildings have the potential to reduce their demand from the electric grid during peak times.
Nostromo Energy
29 Jun 2023
Significant Economic, Environmental Savings
The 1.4 megawatt-hour energy storage system installed inside The Beverly Hilton, and also serving the adjacent Waldorf Astoria Beverly Hills, will supply energy for cooling at less than 50 percent of its current cost and reduce CO2 emissions by 150 to 200 metric tons annually, or more than 5,000 metric tons for the life of the system. The IceBrick system will charge using power from the grid at times when renewable energy levels are high, to freeze water into ice, then use the ice in the late afternoon and evening, when power demand reaches its highest levels, to provide energy for cooling instead of using fossil-based energy from the grid in the late afternoon.
“We are thrilled that ownership of leading brand hotels such as The Beverly Hilton and Waldorf Astoria Beverly Hills are adopting Nostromo’s energy storage technology, demonstrating how buildings can play a significant role in integrating renewables and improving resilience of the grid in California and nationwide, while cutting their energy costs,” said Yoram Ashery, CEO of Nostromo. “We look forward to partnering with more like-minded ownership and management of commercial buildings, in the hospitality realm and other sectors.”
“As owner of leading hospitality properties including the Waldorf Astoria Beverly Hills, Alagem Capital Group has always been committed to incorporating the most advanced and innovative technologies to make our properties role models for sustainability,” said David Alagem, Vice President, Lifestyle, Branding and Technology of Alagem Capital Group. “We are thrilled to be the first in the United States to install the Nostromo’s ice energy storage technology, which we believe opens new opportunities for building owners to take leadership roles in advancing new ways to manage energy demand. This is a significant step towards achieving our goal of creating a more sustainable future for generations to come."