While sources such as solar and wind may be good for the planet, they do not promise a constant and predictable stream of power in the way that fossil fuels do.
The idea is to pair artificial intelligence with energy storage so that businesses and organizations can, according to Stem, "automate energy cost savings and protect against changing rates." Customers include major firms like Adobe Systems, Bed Bath & Beyond and Whole Foods Market. "We lower cost by storing electricity when it's affordable and using it later when costs are high, shifting energy away from the most expensive times of day," Carrington said.
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