With annual cooling equipment sales estimated to reach 460 million units by 2030 – up 37% on 2018 – a new report calls for a transition to more efficient, climate-friendly models.
The report – The Cooling Imperative: Forecasting the size and source of future cooling demand – recognises that cooling offers critical and diverse benefits, including curbing systemic food loss; preventing heatstroke and spoiled vaccines and medication; improving childrens’ learning and employee productivity; and reducing systemic inequalities – a lack of cooling disproportionately hurts women, minorities and the poor, it argues.
However, current cooling technologies and practices are seen as a substantial and growing contributor to climate change, both from leakage of HCFCs and HFC refrigerants and indirect emissions from their “inefficient” use of “fossil-fuel-based power”.
The report has been compiled by the the Economist Intelligence Unit (EIU) under a commission by the Kigali Cooling Efficiency Programme (K-CEP).
The market for refrigeration and air conditioning is described as “substantial” and is reportedly already larger than that for solar photovoltaic panels, wind turbines and lithium batteries.
“It is also on a rapid growth trend, driven by climate change, urbanisation and income growth,” the report observes. Cooling Post
For complete report, please click on: https://www.tvj.co.in/the-cooling-imperative-forecasting-the-size-and-source-of-future-cooling-demand/