Over Two Decades of Smart Energy Management
While the industry has only recently begun to understand the benefits of VPPs, DERs and microgrids, we have been successfully managing them for over 20 years.
Forging an innovative path in 2002, we started our journey by using freezers as batteries – a concept that came to inspire the name, Icetec. Since that time, we’ve continuously evolved and advanced our predictive analytics and optimization platform with a comprehensive tech stack for sophisticated DER management, with the integration of critical data, such as weather, markets, and grid conditions. As a result, our customers can now automatically ensure optimal energy efficiency and operational performance, without human intervention.
Today, more than 200 MWs are managed by our SaaS platform from over 40 customers, including blue-chip clients across pharma, Ivy League education, top C&I companies, and utilities.
Our technology enhances ROI for DER investors and asset owners by automatically stacking revenue opportunities and maximizing operational efficiency – without human intervention. Using our platform, customers have achieved impactful results, including:
- 5-10% reduction in energy use
- 15-20% increase in operational savings
- Over 50% improvement in asset efficiency
- Over $100K in added revenue
This is why 5, 10, 20 years later – our customers are still using our platform.
With unmatched experience and a proven record of success, Icetec is on a mission to help industries and organizations make smarter energy decisions.
Our Guiding Principles
Be Predictive
Using adaptive modeling of energy markets, power and thermal loads, and equipment profiling, Icetec’s predictive analytics help increase efficiency, economic and carbon performance, and optimize hedge positions, while decreasing market risk.
Be Productive
Our energy monitoring and control system provides real-time and forward-looking analytics to ensure automated decision making that strengthens efficiency, sustainability and economic performance. These benefits increase as more diverse assets are integrated, such as renewables and storage.
Be Self-Sustaining
Icetec delivers a fully integrated energy management platform that enables cost reduction, as well as thermal efficiency optimization and a smaller carbon footprint. An extensive, cluster-based data warehouse helps validate sustainable strategies and develop future improvements.
With over two decades of success behind us, Icetec proves that integrated energy management is the greatest hedge against market volatility.
Our Team
Michael Webster
John Webster
John has more than 15 years of power industry experience, including 5 years working for the Market Monitoring Unit at PJM RTO, where he acted as the subject matter expert on Demand Response Programs and Generator Dispatch studies. John manages the process of integrating diverse distributed resources into wholesale market opportunities, such as Demand Response, Frequency Response and Capacity Markets.
Matthew Wolfe
Matthew has more than 20 years of experience helping to develop and optimize utility-scale and behind the meter energy projects, and leans on his experience as an entrepreneur to lead revenue growth efforts related to energy storage and the Carbon + Energy Platform (CEP). Matthew leads Icetec’s mission-driven growth into the carbon accounting and energy storage space.
Vanja Bucic
Vanja has more than 20 years of experience in integrating the site to Icetec’s data center to ISO Control Rooms and is the lead for network protocols and meter data integration. Vanja has been with Icetec since 2003 and has advanced from lead software engineer to chief architect of Icetec’s application suite and big data infrastructure. He was instrumental in making Icetec one of the earliest demand side Frequency Regulation participants in the country.
Doug Hurley
Doug has over 20 years of experience helping customers and clean energy providers participate in wholesale energy markets in the U.S. and Canada. His work spans long-term market strategy and detailed operational knowledge. Doug is responsible for assuring that Icetec customers can take full advantage of the constantly evolving wholesale market landscape.
Some of Our Customers
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