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Title:
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ICE ENERGY HOLDINGS, INC. PROPOSAL FOR THE RIVERSIDE PUBLIC UTILITIES CUSTOM ENERGY TECHNOLOGY GRANT TO FUND RESEARCH AND DEVELOPMENT FOR MANAGING INTERMITTENT RENEWABLE ENERGY GENERATION WITH RESPONSIVE AND REFLEXIVE ICE STORAGE CONTRAL SYSTEMS IN THE AMOUNT OF $100,000
That the Board of Public Utilities recommend that the City Council approve a Custom Energy Technology Grant to Ice Energy Holdings, Inc. in the amount of $100,000. The grant amount to be paid in three installments during Fiscal Year 2016-17, in accordance with the Milestone Schedule attached in the grant agreement, for Managing Intermittent Renewable Energy Generation with Responsive and Reflexive Ice Storage Control Systems.
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