Convergence n 1: the occurrence of two or more things coming together  2: the approach of an infinite series to a finite limit; 3: a representation of common ground between theories or phenomena; 4: the act of converging (coming closer).

What does Icetec do?

Convergence of process analytics and control
Direct access to today’s energy markets
Use Internet technologies to create partnerships with clients to save energy costs
Increase plant efficiencies and manage energy risk

It is the convergence of these separate disciplines where value can be generated in today’s energy markets. Icetec partners with their clients in a shared savings model where Icetec accepts or shares the market risk, and leverages the client’s physical assets in the marketplace.

Who can benefit?

Icetec clients are ideally those that can benefit from active load management. With Icetec technology and market transparency, these clients realize the full benefit of their physical plant investments.  

Examples of Icetec clients are:
Industrial Refrigeration
Institutions with Generative or Co-Generative assets
District Energy Systems and Thermal Storage.

Icetec uses client data, market condition and the Icetec Volatility Index (VIX) to establish a plan for operation based on our real time load modeling. A client's model is updated as the market and client loads change. 

In addition to the 24 hour plan, a 10 day plan is also established every hour. Execution of the plan may be accomplished by direct supervisory control to the clients process systems or by notification systems build into client HMI applications.  Execution of the operating plan provides a predictive and adaptive buy low – sell high approach to load control.