Under the International Energy Agency’s (IEA) 2 degree C scenario, cooling is set to expand 625 per cent by 2050 in selected regions of Asia and Latin America.
For many developing countries in hot climates, this represents a huge drain on the electricity networks and is inspiring action on developing district energy alternatives. Stepping into its fourth year, the District Cooling Conference will introduce variety of technologies that can be applied in DC and utilizing renewable energy resources.
District cooling systems are more than twice as efficient as traditional decentralized chillers such as air-conditioning units and can reduce electricity use significantly during peak demand periods through reduced power consumption and the use of thermal storage.
As the MarketsandMarkets 2014 report reveals, the major driving factors of this market are the high efficiency of the district cooling plants, space saving technology, less water and energy usage, and convenience & reliability. Some projects evident of DC benefits include the Bangkok Government Complex and the Suvarnabhumi Airport in Thailand both of which have experienced reduced cost of energy for air-conditioning at an estimated 45 per cent & 50 per cent respectively.
Similarly in India, GIFT City officials are looking to reduce electricity consumption by 65-80 per cent by incorporating district cooling system to meet their cooling demands. According to the UNEP report on district energy, a transition to such systems, combined with energy efficiency measures, could contribute as much as 58 per cent of the carbon dioxide (CO2) emission reductions required in the energy sector by 2050.
The conference will bring leading project owners, developers, manufacturers and government authorities from the Asia Pacific region for a comprehensive discussion on promoting and developing district cooling systems in the region. One of the special features of this year’s forum is the 2nd District Cooling Awards.
“The recognition of Asian based equipment suppliers, project developers and asset owners at the 2014 DC Award ceremony, indicate both the need in Asia for DC solutions, but also the advancements in DC engineering by Asian companies,” said Marcus Teo, Vice President of ReEx Capital Asia in retrospect of the first DC awards.
4th Annual APAC District Cooling Conference will take place from 25 - 27 August 2015 in Bangkok, Thailand. Further information can be found at: http://energy.fleminggulf.com/asia-pacific-district-cooling-forum
Media Contact:
Roohi Taragi| Marketing Executive
E: roohi.taragi@fleminggulf.com
T: +603-2027-4767
F: +603-2272-5350
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