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Industry Commits to Development of Super-Efficient Cooling Systems

Voltas, Blue Star, Godrej, Daikin, Whirlpool, and Panasonic endorse the Clean Energy Ministerial's climate-friendly Advanced Cooling Challenge

Monday, January 23, 2017

Industry Commits to Development of Super-Efficient Cooling Systems

Leading manufacturers such as Voltas, Blue Star, Godrej, Daikin, Whirlpool, and Panasonic have endorsed the Advanced Cooling Challenge.

After the successful transformation of the LED bulb market in India through the UJALA scheme, Energy Efficiency Services Limited (EESL) is now keen to replicate it for air conditioners. Keeping this in mind, The Energy and Resources Institute (TERI) and EESL hosted a day-long workshop to deliberate on a strategy for super-efficient cooling systems higher than a 5-star rating (air conditioners of Indian seasonal energy efficiency ratio [ISEER] rating >5.2). The workshop was attended by leading manufacturers, the U.S. Agency for International Development (USAID), World Bank, facility owners, energy service companies (ESCOs), and banks with an aim to leap-frog and accelerate the introduction of super-efficient air conditioners in the Indian market.

As a result of the workshop, leading manufacturers such as Voltas, Blue Star, Godrej, Daikin, Whirlpool, and Panasonic pledged their support to develop and deploy super-efficient cooling systems in their complexes and facilities. They also endorsed the Clean Energy Ministerial’s Advanced Cooling (AC) Challenge proposed by the U.S. Department of Energy. This endorsement indicates that they will define specific commitment actions that will be featured on the AC Challenge website and will track these commitments through the duration of the AC Challenge.

Fruitful discussions on super-efficient cooling systems were conducted, chaired by Dr. Ajay Mathur, Director General, TERI, and Mr. Saurabh Kumar, Managing Director, EESL.

The increasing demand for air conditioners poses a challenge to electricity grids, which are already struggling to satisfy existing demand. As per a recent study by the International Energy Agency (IEA), the penetration of ACs will rise from 5% to 70% by 2040. Also, ownership of appliances in domestic households in the same period is likely to increase from 14% to 44%. This would require additional capacity of 165 GW.

Speaking at the meeting, Shri Saurabh Kumar said, “It is the vision of our Hon’ble Prime Minister to empower consumers with 24x7 power and energy efficient appliances to reduce consumption and mitigate climate change. We all agree that air conditioners are the primary reason for high peak demand. Super-efficient air conditioners need to be introduced, which can reduce consumer energy bills and energy demand by 30%. Super-efficient air conditioners are the future, and I urge the industry and corporates to come forward and take up the challenge for a bright and energy efficient future.”

To date, EESL, a company under the Ministry of Power, has saved 2,528 crore kWh annually through its flagship programmes UJALA and the Street Lighting National Programme. The organization has successfully distributed close to 20 crore LED bulbs and retrofitted over 15 lakh LED street lights across India. EESL will launch its Super-Efficient AC programme in the coming months, under which inverter air conditioners of rating ISEER >5.2 (higher than a 5-star rating) will be made available to the public at low prices.

Extending the UJALA programme, EESL now offers a unique proposition for ESCOs that execute energy efficiency projects in facilities and complexes. ESCOs can now acquire LED bulbs, tubelights, and fans at reasonable prices for their projects.

About EESL

A joint venture of NTPC Limited, Power Finance Corporation, Rural Electrification Corporation, and POWERGRID, Energy Efficiency Services Limited (EESL) was set up under the Ministry of Power to facilitate implementation of energy efficiency projects. EESL is a Super ESCO that seeks to unlock the energy efficiency market in India, estimated at $12 billion, that can potentially result in energy savings of up to 20% of current consumption, by way of innovative business and implementation models. For further information related to EESL, please contact:

Ms. Neha Bhatnagar
Manager – PR
Energy Efficiency Services Limited
+91-9811743856
nbhatnagar@eesl.co.in

Ms. Anita Kumar
Senior Account Manager – Edelman India
+91 8527107968
anita.kumar@edelman.com

This article is based on an EESL press release published 11 January 2017 in Mumbai.