Empower CEO Advocates for Global Adoption of District Cooling at IDEA Conference 2024

His Excellency Ahmad Bin Shafar, CEO of Emirates Central Cooling Systems Corporation PJSC (Empower), the world's largest district cooling services provider, recently participated as a keynote speaker at the International District Energy Association (IDEA) Conference 2024 in Orlando, USA. The conference, held under the theme 'District Energy for Sustainable Cities,' brought together prominent leaders and decision-makers in the global energy sector.

During the panel discussion, Bin Shafar underscored the importance of investing in district cooling systems as the most efficient solution for reducing energy consumption in the cooling sector and accelerating the transition to a low-carbon future. He emphasized that district cooling is a key component of energy systems that underpin sustainable, economic, and urban development. This is particularly significant for large-scale and high-density projects such as business districts, airports, universities, residential towers, and commercial establishments.

Bin Shafar highlighted the role of favorable government policies and support from local power providers in the effective deployment of district cooling. He noted that the Dubai government is targeting a 40% penetration of environmentally friendly district cooling systems by 2030, given that approximately 70% of the energy used in buildings in the region is for space cooling. The economic and societal benefits of district cooling systems make it logical for individuals and institutions to collaborate in developing and deploying this strategic industry, expanding its geographical scope to achieve a carbon-free future.

Empower's success story was a focal point of Bin Shafar's discussion. He shared the company's pioneering experience in leading the district cooling industry globally, highlighting its unique advantage of advanced management and control technologies. 'Empower is one of the key partners of the various initiatives of United Nations Environment Programs. We will continue supporting the UN and the district cooling industry in all their efforts for greater deployment of this energy-efficient solution. We are also collaborating with industry experts and universities to conduct research studies to find the next-generation district cooling systems,' he said.

Empower's active participation in global sustainability initiatives and its commitment to advancing district cooling technologies position the company as a leader in the energy sector. Given the increasing global emphasis on sustainable development and energy efficiency, Empower's strategic direction aligns well with future market demands.

In conclusion, Empower's robust market position, innovative technological advancements, and strong alignment with global sustainability goals suggest a positive outlook for the company's future. Investors looking for long-term growth in the sustainable energy sector may find Empower a promising addition to their portfolio.