Electric chillers are used to cool multiple dwellings in a residential complex, apartment building and commercial buildings. Chillers account for approximately 9.4% of the total cooling market by value (BSRIA, 2013). Energy cost of operating chillers could be in the range of 50-90% of total life cycle costs. Overall energy savings potential by using BAT chiller against average chiller is in the range 10% to 30% annually with an incremental capital cost of 25% to 75% and a payback period of 3-7 years.
Worldwide market value of chillers, divided into four regions, i.e., Americas (17%), Asia Pacific (48%), Europe (20%) and bloc of Middle East, India and Africa (16%) (BSRIA, 2013). High growth regions include India, Saudi Arabia, Qatar, South America, Brazil, Mexico and South East Asia. Besides, cooling demand chiller market is strongly associated with country’s economy and growth in construction sector.
In saturated markets like that of the US and Japan, the demand is driven by factors such as replacement of older refrigerants with newer, less harmful ones, the need for energy conservation by improving the efficiency standards of existing stock, increase in technology such as smart homes etc. In other emerging markets the demand is driven the rapid construction of new buildings with the need to air conditioning. Here, priority for harmless refrigerants and demand for efficient equipment often take a back seat. This is where policy driven market becomes indispensible to keep a check on energy and environment issues.
makes energy efficiency in buildings and appliances transparent. For investors, policy-makers and actors involved in implementation and consultancy. Learn more ...
Buildings Guide 
Policy Guide 
Appliances Guide 
India
South Africa
