Utility Dive
Summary
Measures that decrease the power consumption of cooling equipment could slash at least 60% of predicted 2050 emissions from cooling, according to a new report from the Cool Coalition, a group of more than 130 government, nonprofit and private-sector partners led by the United Nations Environment Programme.
Business models and financing instruments that the report identifies to make this transition more economically feasible include cooling-as-a-service, energy service company financing, district cooling and on-bill financing. These strategies, the report said, can help leverage lifecycle cost savings that result from significant emissions reductions and lower upfront costs for businesses and consumers
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