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District Cooling market and trends.

Author(s) : Capital Cooling Energy Service AB

Type of monograph: Report

Summary

This report was elaborated in the framework of the RESCUE project co-funded by the Intelligent Energy Europe Programme of the European Union. This report discusses the EU27 cooling market today, 2020 and 2030. In the scope lies also an estimation of the DC market. Earlier project Ecoheatcool from 2005 did present an estimation of the European cooling market. In Ecoheatcool the European Colling Index (ECI) was created. Rescue has in a previous report verified, by the use of DC customer measurements, that the ECI can be used for cooling market estimations. The ECI takes into consideration types of buildings, residential and service sector, building standard and space requirement in different countries and climate conditions. The EU27 countries cooling market is now estimated to be 1220 TWh, whereas 710 TWh respectively 510 TWh for the residential respectively service sector. The present penetration of AC in Europe is significantly lower than in comparable markets in USA and Japan. Due to financial crunch and recession, and especially in Europe, has slowed down the market expansion of AC. Rescue now estimates the present AC market in EU27 countries to be 285 TWh. the prognosis for the penetration of AC in EU27 countries for 2020 and 2030 is expected to reach 400 respectively 500 TWh. Official statistics of DC in the EU27 countries for the recent three years show no development of the DC sales. It is still 3 TWh, corresponding to only 1% of the present cooling market in EU27 countries.

Details

  • Original title: District Cooling market and trends.
  • Record ID : 30014706
  • Languages: English
  • Subject: Figures, economy
  • Publication: European union - Luxembourg/Luxembourg
  • Publication date: 2014

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