Cooling systems are an integral part of our daily lives, but it’s important to remember that they can also contribute to climate change. According to the World Green Building Council, the heating, cooling, and lighting systems in buildings are responsible for 28% of global CO2 emissions. For example, in Singapore, 20% of the country’s carbon emissions come from its buildings.
The growing demand for construction has made it necessary to find a more efficient and environmentally-friendly cooling solution. It is estimated that the demand for cooling will triple in the next 30 years. To meet this demand, building owners must focus on finding a sustainable and intelligent cooling solution, such as Cooling-as-a-Service (CaaS).
An overview of Cooling-as-a-Service (CaaS)
Cooling as a Service (CaaS) allows building operators to provide cooling to their buildings without having to purchase and manage the equipment themselves. This business model called servitization, not only helps building owners be more efficient and environmentally friendly in their cooling needs but also helps them save on operational costs.
The subscription-based model of Cooling as a Service (CaaS) is a much more convenient option for building operators than managing their own cooling system. Under a CaaS agreement, the provider will handle choosing and maintaining the most sustainable cooling system for the building. If any changes or updates need to be made, the provider will take care of it, giving building operators easy access to updated equipment as needed. Building operators simply need to specify the desired temperature and pay for cooling on a pay-as-you-use basis. It’s a simple and eco-friendly solution.
How Cooling as a Service (CaaS) provides a sustainable solution for commercial cooling systems
Cooling as a Service (CaaS) is a more environmentally-friendly option for a commercial cooling system because it utilizes data, analytics, and artificial intelligence (AI) to optimize efficiency. Other building cooling systems rely on hardware rather than advanced technology to monitor and control the cooling system, which may not always provide comfortable temperatures that adapt to different conditions.
Cooling as a Service (CaaS) providers can offer their clients modern and sustainable cooling systems. For example, building owners can choose a 100% solar-powered chiller plant with AI technology. Another efficient option is a chiller plant that uses recycled water. Building owners can also opt for water-cooled chiller plants, which are suitable for a variety of buildings, including data centers, shopping malls, manufacturing plants, campuses, office buildings, and community spaces.
Why Cooling as a Service (CaaS) is a superior solution compared to other cooling systems
Opting for a traditional centralized cooling system can be costly, and the responsibility of acquiring, setting up, and running it is typically allocated to building owners. Moreover, they may need to hire different contractors for maintenance or repairs.
The task of a project is often divided between several contractors, each tasked with handling different equipment. This makes it difficult to assign total responsibility for the system’s performance – any single contractor cannot be fully accountable. Moreover, costly sustainability improvements that can make the cooling system more efficient tend to receive less focus as they are deemed too expensive by most businesses.
Cooling as a Service is becoming the model of choice for cooling
To preserve our planet and keep energy costs in check, we must always be searching for innovative ways to save energy. That’s why the concept of Cooling-as-a-Service is so exciting: it offers a revolutionary approach to cooling buildings that doesn’t compromise on environmental protection.
At present, cooling is responsible for 10% of the world’s total electricity consumption. However, if no changes are made to current practices and technologies, it has been estimated that by 2040 South East Asia alone will consume 30% of ASEAN peak energy levels due to air-conditioning needs. That is why it is important to adopt a better cooling method for our earth.
By opting for CaaS, building owners will be able to access new and sustainable cooling solutions, revolutionizing the way they cool their buildings! This is a tremendous benefit for everyone – individuals, businesses and the environment.