New???? Come on!!! It's good to learn how things work you know...
I'm working for a big HVAC company, and we're using this system for more than 30 years.
So new??? Marketing bulls... at it best!
You can't use that in every scenario.
Allmost all the office buidlings are cooled, and maybe all have temperature controlled servers rooms.
In some cases, NH3 cooling machines are used, and you can't stop them because if the ammoniac stands still it will attack the joints leading to leakage.
So as the machine is working around the clock, we are using it to store ice to cool the building in the start of the occupancy period (around 9h00 or 10h00 am) to reduce the overall consumption.
The server rooms are also cooled around the clock, but as you go home at the end of the day, the "comfort" energy consumption of the office is dropping. If the equipement is calibrated for producing a minimum of 10.000 KwH (tehoric value) of frigory but the consumption on the IT side is 5.000 KwH, we use the 5.000 KwH to stock energy under the form of...ice,bingo, energy savings.Some of those "ice" vaults (not real ice water, as it freezes and expands) are as wide as a tennis court with a depth of 2 meters.
But in no way could you solely rely on ice vault to cool you office/data/watheveryouthink rooms.
It's just to use otherwise lost energy (thus sparing) or in some cases have a backup cooling supply. Sometimes, I wish that all of you office people start to learn what's happening behind the scene, to assure your comfort is not as simple as to "operating a fridge" or to turn the heater on ;)