4th Annual District Cooling Saudi Arabia Summit
15 – 18 September, 2013 – Radisson Blu Hotel, Riyadh , Saudi Arabia
The district cooling market in the Middle East is projected to achieve an annual revenue of US $2bn during 2013. Saudi Arabia is considered to be the strongest district cooling market for in the region with over US $100bn for awarded construction and infrastructure projects. The Kingdom’s rapidly expanding industrial base and population have increased the demands for water, power and cooling. In addition, the requirement to increase the availability of air-conditioning systems is rising and the power supply required accounts for almost 70% of the total growth in power demand.
The drive to optimise energy efficient air conditioning has resulted in the need to implement district cooling systems over traditional methods. By 2013, the Middle East district cooling market is expected to have an additional capacity of 4.5 million tons of refrigeration, mainly contributed by Saudi Arabia and Qatar.