The demand for cooling is continuing to rise and hence District cooling is a multi-billion dollar industry in the Middle East. The Middle East as a whole installed 75.5 million square feet (7 million m2) of district cooling capacity in 2014, according to the latest figures from the International District Energy Association (IDEA).
According to market forecasts, the region’s district cooling market is projected to grow by more than 16% over the coming five years. Growth in Saudi Arabia’s district cooling market is set to jump ahead of current world leader the UAE, according to market analysis from Frost & Sullivan. A recent report values the Saudi district cooling market at $468.2 million, with an installed capacity of 1.25 million RT. The report attributes the expected growth to several main market drivers: an ongoing construction boom; the use of innovative technologies; a growing demand for energy efficiency in cooling; and government stimulus through the Saudi Industrial Development Fund.
In view of this scenario, Nispana Innovative Platforms Pvt Ltd is hosting the most anticipated “The 2nd Annual District Cooling & Trigeneration Summit 2016 on the 4 & 5 May 2016 in Riyadh, Saudi Arabia. The two day exclusive gathering is endorsed and supported by His Excellency Dr. Abdullah Al-Shehri, Governor of Electricity & Cogeneration Regulatory Authority (ECRA). This summit has partnered with several organizations including DC Pro Engineering as an Official Consulting partners and King Abdullah University of Science & Technology as an advisory partners while Thermax features as Official Tri-Generation partner & Perma Pipe as one of the Networking Solution providers.
The Conference showcases high profile speakers like Engr. Nasser H. Al Qahtani Vice Governor - Electricity & Co-Generation Regulatory Authority (ECRA) and Engr.Mansour H. Al - Anazi , MSc, PMP & MCMI Director General Economic & Tariff Affairs Electricity & Co-Generation Regulatory Authority (ECRA).
The 2nd Annual District Cooling & Trigeneration Summit 2016 in Saudi Arabia is attracting delegations all across Middle East and all over the world. International best practices will be discussed via visionary keynote presentations and some of the latest solutions and technology in the utilities sector would be showcased at the conference.
The conference is conceptualized by Nispana Innovative Platforms Pvt ltd headquartered in Bengaluru, India with offices in Dubai & USA.