News

GLOBAL COOLING PRIZE

Written by Talent KAS

Related Topic in KAS Prelims Syllabus:

Science and Technology [Paper-II]: Institutes and Organization in India promoting integration of S&T

and Innovation, their activities and contributions

News

  • Union Minister for Science & Technology, Earth Sciences and Health & Family Welfare will announce the finalists of the ‘Global Cooling Prize’ (GCP) on 15th November, 2019.
  • It is organized by the Department of Science and Technology (DST) under the Mission Innovation (MI) programme.
  • The seven finalists will be awarded US $200,000 to develop two prototypes for real field testing in India.

What is Global Cooling Prize (GCP)?

  • Department of Science & Technology (DST), in partnership with Bureau of Energy Efficiency (BEE) & Ministry of Environment, Forests and Climate Change (MoEF&CC), has launched GCP jointly with Rocky Mountain Institute (RMI).
  • GCP aims to spur development of a residential cooling solution that has at least five times (5x) less climate impact than today’s standard products.
  • This competition runs for two years and will disburse at least US$3 million in interim and final awards to best innovative residential cooling technologies which demonstrate performance.
  • This prize is expected to stimulate innovation in cooling technology that can be accessed by millions of people in India initially and around the world eventually.

Mission Innovation (MI)

  • It is a global initiative of 24 countries and the European Union to accelerate global clean energy innovation.
  • MI identified “Affordable Heating and Cooling of Building Innovation Challenge” as one of the seven innovation challenges.
  • India agreed to its engagement as MI Member for the Mission Innovation Challenge # 7: Affordable Heating and Cooling Challenge.
  • The objective of the MI Challenge #7 is to make low carbon heating and cooling affordable for everyone.

Significance

  • Global cooling demand will increase from the present 900 million units to 5 billion units by 2050.
  • Air conditioning already accounts for 40–60 percent of summer peak load in large Indian cities.
  • India already contributes 7% of global greenhouse gas emissions.
  • The future increases in cooling demand will not only worsen this impact, but also place an undue burden on India’s electricity sector.
  • Global Cooling Prize will help India in developing extremely efficient cooling technology that can sustainably meet the cooling needs of the growing populations without contributing to runaway climate change or costly stresses on already burdened electricity systems.
[Source: PIB]

 

About the author

Talent KAS