What is energy storage and how does thermal energy storage work? Thermal energy storage is like a battery for a building's air-conditioning system. It uses standard cooling equipment, plus an energy storage tank to shift all or a portion of a building's cooling needs. . Thermal Energy Storage (TES) for space cooling, also known as cool storage, chill storage, or cool thermal storage, is a cost saving technique for allowing energy-intensive, electrically driven cooling equipment to be predominantly operated during off-peak hours when electricity rates are lower. Air conditioning of commercial buildings during summer daytime hours is the largest single contributor to electrical peak demand.
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