By Jason Deign
Energy Storage Report understands the offering is not so much an integrated product as a concept aimed at raising awareness of the efficiency of cold storage over batteries.
Using cold storage with grid power can improve the efficiency of energy use by up to 34%, Viking Cold claimed.
Combined with solar, it could cut ongoing energy costs much further while providing a quicker return on investment (ROI) than batteries, the company said.
“We aim for a three-year payback,” said James Bell, president and CEO. “Our return on investment is based on energy savings. The bigger the facility, the bigger the savings. It can be tens of thousands of dollars a year.”
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