Business World
Summary
THE Bases Conversion and Development Authority (BCDA) said it has entered into an agreement with Qatar’s United District Energy International LLC (UDEI) and Marubeni Corp. to explore district cooling for New Clark City, which promises to meet the economic zone’s cooling needs with a lower carbon footprint.
According to a memorandum of understanding, the two companies will conduct a technical and feasibility study to explore the viability of such a system.
“A district cooling system in this sustainable metropolis will enable us to provide the most environmentally friendly and cost-efficient solution to future residents and locators,” BCDA President and Chief Executive Officer Joshua M. Bingcang said in a statement on Monday.
According to the BCDA, district cooling systems are a greener alternative to decentralized air conditioners, being capable of greater scale, promising potential savings, and reduced emissions.
It is expected to cut carbon dioxide emissions and pollution of future residents and locators by as much as 50%.
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