Shift Thermal develops FLEX™ technology, a dynamic thermal storage asset designed to advance building heating and cooling systems. This plug-and-play solution shifts HVAC load to renewable energy hours, enabling demand response participation and reducing overall energy consumption. The system helps decarbonize Scope 1 and 2 emissions while providing cost savings and resilience for commercial buildings.
Funding
$1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional HVAC systems contribute significantly to greenhouse gas emissions and can be expensive to operate, especially with increasing energy costs and unpredictable climate conditions. Existing thermal energy storage solutions often suffer from inefficient heat transfer and limited flexibility in charge/discharge schedules.
Solution
Shift Thermal offers FLEX™, an ice thermal energy storage system designed to decarbonize building operations, reduce energy consumption, and enhance HVAC system resilience. FLEX™ integrates with existing HVAC infrastructure and leverages a patented ice-phobic heat exchange technology to efficiently generate and store ice slurry. This allows for shifting energy consumption to periods of low-cost, renewable energy availability, participating in demand response programs, and providing cooling during grid outages. The modular and scalable design of FLEX™ enables cost-effective installation for a wide range of building sizes and applications, from retrofits to new constructions.
Target Audience
Shift Thermal's primary customers include building owners, facility managers, and HVAC contractors seeking to reduce energy costs, decarbonize their operations, and enhance the resilience of their cooling systems.
Features
- Patented ice-phobic heat exchange system for rapid ice generation and efficient heat transfer
- Modular design for scalable and flexible installation, suitable for various building sizes and layouts
- Integration with existing HVAC systems via standard connections
- Ability to shift cooling load to renewable-powered hours, reducing energy costs by up to 70%
- Compatibility with heat pump systems for decarbonizing Scope 1 and 2 emissions
- Resilient operation during blackouts with limited on-site power requirements
- Participation in demand response programs for additional revenue streams
- Separate hardware components for power and energy, allowing for incremental storage additions