The advantage of being sustainable

A recent research conducted by the University of Cambridge reveals a very strong relationship between the sustainability of buildings and their financial performance.

This survey was commissioned by the Carbon War Room – a non-profit organization that supports the adoption of business solutions to reduce carbon emissions and develop a low-carbon economy – to the University of Cambridge, which used the GRESB standard (Global Real Estate Sustainability Benchmark) and acquired data from 56000 buildings with an aggregate value of $ 2.1 trillion.

GRESB is a standard used to assign a score for sustainability to real estate investment trusts (REITs), by rating sustainability performance through the analysis of seven aspects: management, policy and disclosure, risks and opportunities, monitoring and environmental management systems, performance indicators, building certifications, stakeholders engagement.

The research revealed that buildings with a higher GRESB score perform much better than buildings with lower GRESB scores, not only in terms of environment sustainability but also in terms of financial benefits, with higher returns on assets and equity.

As Jose Maria Figueres, chair of the board for Carbon War Room The message has never been clearer […] what’s good for the environment is good for business.

 

To learn more about the research:

High Lift: the new range that brings extreme performance in extreme ambient climates

We are pleased to introduce our new High Lift range that will make it possible to design a highly efficient and environmentally friendly process or comfort cooling system even for extreme climatic conditions or for applications where the ambient temperature is particularly high.

The new range implements the technological innovations of Circlemiser to guarantee the same performance in terms of energy efficiency even with extreme ambient temperatures, up to 50 °C (122 °F).

This is possible thanks to a new model of oil-free centrifugal compressor, optimized for high lift applications such as air-cooled chillers, heat pumps and heat recovery units.

Thanks to this new range, it is possible to benefit from the advantages of the centrifugal compressor in extreme fields of application where screw compressors are usually used:

  • greater compactness,
  • greater silence,
  • reduced maintenance
  • exceptional efficiency, both at full and partial load.

On top of that, we have obviously the unique features of the Circlemiser: an innovative design capable of increasing at the same time compactness and energy performance, reaching unprecedented levels of EER.

Moreover, the new range features more environmentally friendly technology: in addition to the traditional R134a, both the low GWP R513A refrigerant or the even greener HFO-1234ze are available.

Finally, the new High Lift range introduces a new Wrapping Evaporative System, developed to integrate the benefits of the adiabatic system together with the already highly efficient system of the Circlemiser.

The ethical and commercial reasons in support of low GWP technologies such as HFO

Global warming is a reality for which we all must take responsibility. Our company manufactures chillers for refrigeration and air conditioning systems worldwide, so we are aware that some of the refrigerants we use in our systems – and their overall efficiency – can contribute to the problem. However, we are encouraged by the arrival of low-global-warming-potential (LGWP) technologies that address these environmental concerns. One such solution – HFO-1234ze – marketed by Honeywell under its Solstice® brand – is readily available.

HFO-1234ze has been a genuine breakthrough and we are now using it in many of our chillers. Non-ozone-depleting and mildly flammable, it has a LGWP of less than 1 and is safe for intended use. HFOs are highly efficient, which adds to its minimal warming profile with reduced indirect emissions, and has the potential to deliver significant cost savings. Another benefit is that this HFO uses the same technical footprint of its predecessor – the familiar HFC-134a – making it easy to incorporate into new chiller designs and reducing the training requirements for engineers and technicians.

Most of our customers use chillers within large infrastructure such as data centres, hotels, supermarkets, shopping centres, hospitals, production lines and manufacturing facilities. They tend to be part of responsible, multi-national organisations. The HFO platform is a welcome development; its advantages allow these customers to focus on innovations in other areas of their business and supports their corporate social responsibility efforts.

Although HFO refrigerants are perceived as “more costly” when compared with other refrigerants, the total cost of ownership of the chiller is lower over the 15 to 18 year lifecycle of the equipment. With Geoclima upgraded designs and the HFO-1234ze, many customers report a 20-25% reduction in their energy costs compared with their previous chillers.

Several measures focusing on energy efficiency and curbing carbon emissions have already started the chiller market in Europe, be it carbon taxation in several countries, Ecodesign Directive, F-gas Regulation or building codes. F-gas Regulation limits the amount of traditional high GWP refrigerants put on European market and therefore driving the market to use products with lower GWP. Ecodesign Directive puts a lot of focus on increasing minimum performance requirements of chillers with the aim to eliminate low performing chillers. Chillers using HFOs help manufacturers achieve the performance required by the directive.

We at Geoclima introduced the first HFO-1234ze chiller back in 2011 and plan to switch our full production to HFO refrigerants within the next four years. We are convinced HFOs represent the best mix of performance, safety, cost and environmental benefits.

Despite the enthusiasm we see for HFO-based chillers, there remain some unconvinced by the technology. Many companies still gravitate toward the lowest priced chiller option, and there are plenty of budget solutions to cater to their needs. Unfortunately, their short-term gain will lead to long-term pain, as it is a matter of when – not if – the energy efficiency requirements and the CO2 equivalent quota reduction of the phase-down scheme under the F-gas Regulation will lead to a non-gain business with the traditional solutions.

That said, the adoption of the existing environmental legislation and reinforcement by the Member States is disconcertingly slow, and sometimes unclear. One reason for its unhurried progression, we suspect, is the lack of market education about LGWP technologies, which is also inhibiting the development and delivery of components to support LGWP systems. We take low GWP as a fundamental factor in the refrigerant choice and would prefer the regulations for this kind of applications to be stricter – and much faster. In Switzerland, for instance, for our chillers in installations of 400kW or more, we see a regulation mandating use of refrigerants with GWP lower than 10.

While we as Geoclima have a solid regional coverage in Europe, U.S. represents a new focus area for us, especially in high energy efficient chillers. In the U.S., the lack of market awareness of chillers with LGWP refrigerants is even more apparent and a lot of work needs to be done so that users understand their benefits.

Reducing energy cost for the end users of chillers is a big part of the equation. However, having a sense of social responsibility is also important. That’s why we need to do everything we can to protect the environment for future generations. Chiller manufacturers – and the broader industrial sector – must coalesce to raise awareness of LGWP and energy efficiency, and create a supply chain to support it. We need to break down remaining silos of resistance and support legislators and government bodies to help comply with the regulations. Despite the complex challenges that lie ahead, the business and ethical case for LGWP solutions such as HFO is well worth the effort.

Geoclima USA and Midgley-Huber: a new partnership for the American Northwest

We are pleased to announce that we have signed a collaboration agreement with Midgley-Huber, Inc. for the American Northwest.

Midgley-Huber, Inc. has been serving the heating, air conditioning, ventilation and dust control industry for over 120 years. Originally founded as Midgley Radiator, the company has grown to one of the most established names in the Intermountain West.

Thanks to a proven team and deep knowledge of the area, their work can be seen in a wide range of buildings: from government buildings to school buildings, the team of specialized technicians can handle any project, big or small.

We are sure that this partnership will give birth to great innovative projects with high added value that can satisfy the needs of the American market.