Cooling is crucial to not only our comfort but also the success of industries like data centers and manufacturing plants. However, the technology we use for cooling also takes a toll on the environment. The World Green Building Council reports that 28% of global CO2 emissions come from buildings’ heating and cooling systems. Singapore’s buildings produce more than 20% of the country’s carbon emissions, for instance.
The need for a more efficient and environmentally friendly cooling solution has risen with the recent uptick in construction. In the next 30 years, experts predict that demand will triple. To be prepared, building owners should prioritize a smart and sustainable cooling solution now, which is where Cooling as a Service (CaaS) comes in.
Understanding what Cooling as a Service (CaaS) is
Cooling as a Service or CaaS is an innovative model for building operators to bring cooled air to their buildings without the hassle of buying, installing, and maintaining the cooling equipment themselves. This type of servitization business model provides customers with more efficient and environmentally friendly cooling while reducing operational costs.
With this model, the user doesn’t have to experience the difficulties of upfront investment or performance risk. Instead, the CaaS provider will take on those responsibilities. In addition, the service provider will select a cooling system that is environmentally friendly.
With this type of service, the equipment can be shifted around as necessary to save resources, which is terrific for building owners. All you have to do as the owner is tell the CaaS provider what temperature you want and then pay for cooling based on usage. That’s it!
How CaaS brings a greener cooling
If you want to be sustainable, today’s the day to start. CaaS does just that by using big data and analytics, as well as artificial intelligence (AI). Using those technologies helps to improve a cooling system to be more efficient.
As a result, it is possible to do real-time monitoring and control to reduce energy wastage while regulating the indoor temperature that can adapt to changing conditions. On the other hand, traditional cooling systems, such as district cooling, will have a hard time achieving that kind of efficiency since they mostly prioritize the choice of hardware.
CaaS also takes advantage of solar power and recycled water to cool facilities. For example, an AI-powered chilled water system can use 100% solar energy to provide cooling for different types of buildings, like retail centers or offices. A water-cooled chiller plant system could help building operators achieve their sustainability goals – in addition to a solar-powered cooling system.
How CaaS fares against district cooling systems
Traditional building cooling solutions, such as district cooling systems, can be expensive. Owners must take care of the purchase and installation process in addition to running the system. They also need different contractors for repairs or maintenance when necessary.
Many contractors are usually involved with cooling systems, and each is only accountable for particular equipment. This makes it so that none of them can be fully responsible for the system’s performance. Also, improvement measures to make the system more efficient or sustainable are often less of a priority because they cost money.
Why does the CaaS model mean more sustainable cooling?
Currently, cooling takes up 10% of global electricity. With the rising costs of electricity and the risk of climate change, it’s more important than ever for building owners to focus on clean and efficient cooling methods.
CaaS provides an environmentally friendly way to cool buildings that is also gentle on the planet. As we move into the future, it’s important that we focus on sustainability and being eco-friendly. Cooling-as-a-Service is one way to help reduce our carbon footprint while still maintaining a comfortable living environment.