{"id":784429,"date":"2023-09-18T06:34:46","date_gmt":"2023-09-18T10:34:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/"},"modified":"2023-09-18T06:34:46","modified_gmt":"2023-09-18T10:34:46","slug":"trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/","title":{"rendered":"Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution<\/b><\/p>\n<p class=\"bwalignc\"><i>All-electric solution enables cutting-edge use of thermal energy and heat pump technology for low-carbon heating in extreme cold<\/i><\/p>\n<p>SWORDS, Ireland&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTrane\u00ae \u2013 by Trane Technologies (NYSE: TT), a global climate innovator, has introduced its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.trane.com%2Fcontent%2Fdam%2FTrane%2FCommercial%2Fnorth-america%2Fproducts-systems%2Fsystems%2FSYS-SLB035-EN_03162023.pdf&amp;esheet=53556195&amp;newsitemid=20230918162184&amp;lan=en-US&amp;anchor=Thermal+Battery%26%238482%3B+Storage-Source+Heat+Pump+System&amp;index=1&amp;md5=dc534f4af612d6ebebb78e6237958c7c\">Thermal Battery\u2122 Storage-Source Heat Pump System<\/a> \u2013 a first-of-its-kind solution to advance electrified, low-carbon heating in buildings, including in climates below zero-degrees Fahrenheit.<\/p>\n<p>\nThe innovative system converges four proven technologies to accelerate building decarbonization:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nThermal energy storage ice tanks, reclaiming and storing excess building heat like a battery, for optimal efficiency<\/p>\n<\/li>\n<li>\nAir-to-water heat pumps utilizing a reverse vapor compression cycle to extract heat from the air outside to warm the building<\/p>\n<\/li>\n<li>\nAll-electric chiller-heaters, recovering the excess building heat from the ice tanks to expand air-to-water heat pump applications further into dense urban environments and cold climates<\/p>\n<\/li>\n<li>\nIntelligent controls, maximizing occupant comfort and energy efficiency<\/p>\n<\/li>\n<\/ul>\n<p>\n\u201cWe pioneered the use of ice tanks in thermal storage for cooling, and now we are integrating these proven technologies into an industry-first solution for electrified heating,\u201d said Dave Regnery, chair and CEO of Trane Technologies. \u201cThrough relentless innovation, our team continues to leverage creative new solutions to accelerate decarbonization of the built environment. As we scale this technology, we can dramatically reduce emissions for a more sustainable world.\u201d<\/p>\n<p>\nThe Thermal Battery Storage-Source Heat Pump System brings heating and cooling into one electric solution and can be three times more efficient than traditional heating methods. Commonly referred to as ice storage, thermal energy storage ice tanks act like batteries \u2013 shifting all or a portion of a building\u2019s heating and cooling electricity needs to off-peak hours while increasing energy efficiency and lowering costs. Additionally, under the Inflation Reduction Act, thermal energy storage systems can now receive significant tax credits.<\/p>\n<p>\nIn alignment with Trane Technologies\u2019 pledge to <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tranetechnologies.com%2Fen%2Findex%2Fsustainability%2Fleading-by-example.html&amp;esheet=53556195&amp;newsitemid=20230918162184&amp;lan=en-US&amp;anchor=Lead+By+Example&amp;index=2&amp;md5=68e368eacef527991a7ce80e60021857\">Lead By Example<\/a> through carbon neutral operations, the new Thermal Battery Storage-Source Heat Pump System will be deployed at Trane\u2019s flagship facility in La Crosse, Wisconsin later this year.<\/p>\n<p>\nTrane Technologies senior executives will join other influential leaders from business, government, non-government organizations and the climate sector at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.climateweeknyc.org%2F&amp;esheet=53556195&amp;newsitemid=20230918162184&amp;lan=en-US&amp;anchor=Climate+Week+NYC&amp;index=3&amp;md5=4322bf507ac06d13506863b75c6ef7e3\">Climate Week NYC<\/a> on September 17-24, 2023. The event takes place every year in partnership with the United Nations General Assembly and is run in coordination with the United Nations and the City of New York.<\/p>\n<p>\nThrough bold, industry-leading action and innovation, Trane Technologies is advancing its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tranetechnologies.com%2Fen%2Findex%2Fsustainability%2Four-2030-commitments.html&amp;esheet=53556195&amp;newsitemid=20230918162184&amp;lan=en-US&amp;anchor=2030+Sustainability+Commitments&amp;index=4&amp;md5=4f486e0306284e78631f1793c8dd9afd\">2030 Sustainability Commitments<\/a>, including the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tranetechnologies.com%2Fen%2Findex%2Fsustainability%2Fgigaton-challenge.html&amp;esheet=53556195&amp;newsitemid=20230918162184&amp;lan=en-US&amp;anchor=Gigaton+Challenge&amp;index=5&amp;md5=388a8bb271f1ad2d5f3c11d3b9d127ae\">Gigaton Challenge<\/a> \u2013 a pledge to reduce customer greenhouse gas emissions by 1 billion metric tons (or, one gigaton) \u2013 and its pledge to be net-zero by 2050. The company\u2019s emissions reductions targets have been externally <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.tranetechnologies.com%2Fnews-and-events%2Fnews-releases%2Fnews-release-details%2F2022%2FTrane-Technologies-Becomes-One-of-the-Worlds-First-Net-Zero-Approved-Companies-with-Latest-Validation-by-the-Science-Based-Targets-Initiative%2Fdefault.aspx&amp;esheet=53556195&amp;newsitemid=20230918162184&amp;lan=en-US&amp;anchor=validated+by+the+Science+Based+Targets+Initiative+%28SBTi%29&amp;index=6&amp;md5=92ca7fcbc886e8562f0399cbf97da028\">validated by the Science Based Targets Initiative (SBTi)<\/a>.<\/p>\n<p><b>About Trane Technologies<\/b><\/p>\n<p>\nTrane Technologies is a global climate innovator. Through our strategic brands Trane\u00ae and Thermo King\u00ae, and our environmentally responsible portfolio of products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tranetechnologies.com&amp;esheet=53556195&amp;newsitemid=20230918162184&amp;lan=en-US&amp;anchor=tranetechologies.com&amp;index=7&amp;md5=75844f104353aac5916f8a10bc0bd1ff\">tranetechologies.com<\/a>.<\/p>\n<p><b>About Trane<\/b><\/p>\n<p>\nTrane \u2013 by Trane Technologies (NYSE: TT), a global climate innovator \u2013 creates comfortable, energy-efficient indoor environments for commercial and residential applications. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.trane.com&amp;esheet=53556195&amp;newsitemid=20230918162184&amp;lan=en-US&amp;anchor=www.trane.com&amp;index=8&amp;md5=9dbd3af9a9c72516dbf3dafaf63bdd42\">www.trane.com<\/a>.<\/p>\n<p>\nThis news release includes \u201cforward-looking statements\u201d within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to innovations to develop decarbonization solutions, and our sustainability commitments and the impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2022, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230918162184r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230918162184\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230918162184\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Shelby Hansen<br \/>\n<br \/>+1-925-336-0496<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Shelby.Hansen@tranetechnologies.com\">Shelby.Hansen@tranetechnologies.com<\/a><\/p>\n<p><b>Investors Contact:<br \/>\n<\/b><br \/>Zachary Nagle<br \/>\n<br \/>+1-704-990-3913<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:InvestorRelations@tranetechnologies.com\">InvestorRelations@tranetechnologies.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Europe Ireland United States North America North Carolina<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property Professional Services Building Systems Environmental, Social and Governance (ESG) Utilities Retail Alternative Energy Energy Home Goods<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230918162184\/en\/790547\/3\/tt_logo_color_rgb.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution All-electric solution enables cutting-edge use of thermal energy and heat pump technology for low-carbon heating in extreme cold SWORDS, Ireland&#8211;(BUSINESS WIRE)&#8211; Trane\u00ae \u2013 by Trane Technologies (NYSE: TT), a global climate innovator, has introduced its Thermal Battery\u2122 Storage-Source Heat Pump System \u2013 a first-of-its-kind solution to advance electrified, low-carbon heating in buildings, including in climates below zero-degrees Fahrenheit. The innovative system converges four proven technologies to accelerate building decarbonization: Thermal energy storage ice tanks, reclaiming and storing excess building heat like a battery, for optimal efficiency Air-to-water heat pumps utilizing a reverse vapor compression cycle to extract heat from the air outside to warm the building All-electric chiller-heaters, recovering the excess &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-784429","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution All-electric solution enables cutting-edge use of thermal energy and heat pump technology for low-carbon heating in extreme cold SWORDS, Ireland&#8211;(BUSINESS WIRE)&#8211; Trane\u00ae \u2013 by Trane Technologies (NYSE: TT), a global climate innovator, has introduced its Thermal Battery\u2122 Storage-Source Heat Pump System \u2013 a first-of-its-kind solution to advance electrified, low-carbon heating in buildings, including in climates below zero-degrees Fahrenheit. The innovative system converges four proven technologies to accelerate building decarbonization: Thermal energy storage ice tanks, reclaiming and storing excess building heat like a battery, for optimal efficiency Air-to-water heat pumps utilizing a reverse vapor compression cycle to extract heat from the air outside to warm the building All-electric chiller-heaters, recovering the excess &hellip; Continue reading &quot;Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-18T10:34:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230918162184r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution\",\"datePublished\":\"2023-09-18T10:34:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\\\/\"},\"wordCount\":737,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230918162184r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\\\/\",\"name\":\"Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution - 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The innovative system converges four proven technologies to accelerate building decarbonization: Thermal energy storage ice tanks, reclaiming and storing excess building heat like a battery, for optimal efficiency Air-to-water heat pumps utilizing a reverse vapor compression cycle to extract heat from the air outside to warm the building All-electric chiller-heaters, recovering the excess &hellip; Continue reading \"Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/","og_site_name":"Market Newsdesk","article_published_time":"2023-09-18T10:34:46+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230918162184r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution","datePublished":"2023-09-18T10:34:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/"},"wordCount":737,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230918162184r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/trane-technologies-advances-building-decarbonization-with-industry-first-ice-heating-solution\/","name":"Trane Technologies Advances Building Decarbonization with Industry-First Ice-Heating Solution - 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