The statistics reveal a significant increase in global cooling degree days, which rose by 6% in 2024 compared to 2023 and by 20% above the long-term average from the first two decades of the century. This metric, which measures the need for cooling based on temperature exceedance of a 21°C baseline, directly correlates with the rising demand for air conditioning. In 2022, air conditioning accounted for 7% of the world’s electricity demand. The number of air conditioning units worldwide, which stood at less than 2 billion in 2016, is projected to nearly triple to 6 billion by 2050. This growth, while indicative of rising household incomes, poses a challenge to energy grids. In some U.S. regions, air conditioners can account for over 70% of residential energy demand during peak times. Innovations in cooling technology, such as energy storage systems and desiccant cooling, along with advancements in heat exchanger design, are crucial to meeting this demand efficiently.
Source: www.technologyreview.com

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