Daikin provides district cooling system in Singapore’s Smart City Project

Daikin Industries, Ltd. has recently agreed to provide a district cooling system for Tengah Town, a smart energy town project being promoted in Singapore by the Singaporean government. “Investigation will soon begin toward the establishment of a joint venture company with the Singapore Power Group (SP Group) to realise a district cooling business,” a company statement said.
Under this project, collaborating with SP Group, Daikin supplies advanced district cooling system covering all residences in the smart city. With this system, Daikin claims, 30% life cycle costs savings is realised at each household compared to individual air-conditioning installment.

Daikin also aims to introduce its high energy-saving equipment in other public facilities and contribute to a significant reduction in power consumption. A district cooling system is a cooling mechanism that supplies water cooled from a newly developed, high-efficiency modular chiller, which is a large-scale air conditioner, to a fan coil unit (an indoor unit with an air blowing function) that is installed in each residence. Residents and commercial building owners will use air conditioning in a “subscription model” that charges a usage fee according to time used. Moreover, Daikin has also concluded maintenance contracts for large-scale air conditioners and fan coil units throughout the city, as a means to provide smart support to the township and develop a sustainable business model.

Air-conditioning expense is said to occupy 40% of total electricity usage at households. Daikin contributes to saving energy of total smart city highlighting air-conditioning field, and will keep on working for environment protection and development of smart city offering solution business, it said.