PartagerHigh expansion potential for district cooling in Europe and in the Middle East
According to RESCUE, the small market share of district cooling in Europe (below 2%) represents the equivalent of less then 3 TWh of cooling energy, which clearly makes it a market with high expansion potential.
With temperatures ranging between 35 and 55°C, the Middle East is a fertile market for DC which is expected to grow at an annual rate of 15.4% from 2010 to 2016.
. According to Renewable Smart Cooling for Urban Europe( RESCUE), project led by Dresden University which aims at promoting district cooling (DC) in Europe, by supporting 15 target cities in particular, the small market share of district cooling (below 2%) represents the equivalent of less then 3 TWh of cooling energy, which clearly makes it a market with high expansion potential.
. With temperatures ranging between 35 and 55°C, the Middle East is a fertile market for DC which is expected to grow at an annual rate of 15.4% from 2010 to 2016.
Recent development of construction projects worth almost 1 trillion US dollars across the Gulf Cooperation Council (GCC), especially in Saudi Arabia, Qatar and Abu Dhabi has stimulated the development of the DC sector.
Empower, the largest district cooling provider in the Emirates, claims that the consumption of DC provided by company rose 23.2% in July 2012 compared with the same period the previous year. Despite the high initial cost of DC systems, operating costs are said to be considerably lower than classic localized systems and consume 40-50% less energy.
. With temperatures ranging between 35 and 55°C, the Middle East is a fertile market for DC which is expected to grow at an annual rate of 15.4% from 2010 to 2016.
Recent development of construction projects worth almost 1 trillion US dollars across the Gulf Cooperation Council (GCC), especially in Saudi Arabia, Qatar and Abu Dhabi has stimulated the development of the DC sector.
Empower, the largest district cooling provider in the Emirates, claims that the consumption of DC provided by company rose 23.2% in July 2012 compared with the same period the previous year. Despite the high initial cost of DC systems, operating costs are said to be considerably lower than classic localized systems and consume 40-50% less energy.