GCC District Cooling: the start of a new era

The regional district cooling market has experienced rapid growth over the past 10 years and today has a capacity of just over 1.8 million tonnes of refrigeration (TR). MEED forecasts that an additional 6.5 million TR will be built in the Gulf by 2015, as real estate developers and utilities increasingly turn to the technology, which can be 40 per cent more efficient than conventional air conditioning. MEED estimates that the cost of building this additional capacity is likely to be around US $19.5 bn. But with banks increasingly reluctant to extend long-term or project financing and contractors experiencing labour shortages and uncertain construction costs, the sector faces significant challenges. MEED provides a comprehensive overview of the Middle East District Cooling sector and the report looks in detail at: Projected growth and investments in District Cooling, The challenges facing the District Cooling sector, Power savings and the environmental benefits of District Cooling and Key players in the market.

GCC District Cooling

Preface
Executive summary
Introduction
The origins
The technology
The economic and environmental case
Financing issues
District cooling in the GCC
Outlook
- Bahrain
- Kuwait
- Oman
- Qatar
- Saudi Arabia
- UAE
Key players
Contracting
Appendix A – Glossary
Appendix B – Selected GCC projects

Tables

GCC construction projects planned and under way
GCC Power demand forecasts
Selected GCC district cooling financings
GCC installed district cooling capacity
GCC district cooling capacity
District cooling plants in Saudi Arabia
Capacities of selected GCC district cooling firms
Empower projects
Palm district cooling projects
Major GCC district cooling companies

Charts

District cooling chilled water network
Tabreed and its joint venture affiliates