- Propmodo Technology
- Posts
- Heat Pumps in Cold Climates and Onsite Energy’s Effect on Controls
Heat Pumps in Cold Climates and Onsite Energy’s Effect on Controls
Defining the future of real estate
Travis Barrington & Franco Faraudo
January 25, 2024
Propmodo Technology
Jan. 25, 2024
Greetings!
This week Propmodo Technology is covering innovations in HVAC. We look at some research about the effectiveness of heat pumps in extreme weather and examine how new carbon reduction policies are asking much more from HVAC building control software.
In other real estate technology news, the PropTech industry continues to face significant challenges, with several startups shutting down amid a cautious investment climate influenced by high-interest rates. We are in a period of consolidation and adjustment with little venture capital being risked. Despite the turmoil, many insiders believe there's reason for optimism.
Even with the difficulties being faced by most of the property industry at the moment, there seems to still be money for energy upgrades. Major investors, including Blackstone and Brookfield, are channeling funds into energy-efficiency projects for buildings. This surge in investment is largely motivated by the need to reduce energy demand amid rising energy prices. Technologies such as LED lighting and advanced cooling systems are at the forefront.
Speaking of which, let's dig into HVAC tech!
The shift from voluntary to mandatory carbon emissions reporting marks a significant turn in corporate climate responsibility, particularly in the EU and regions like California. Despite a lack of federal action in the U.S., societal pressures—from climate activists to investors and the modern workforce—are driving companies towards ambitious climate commitments, including net zero carbon pledges. But achieving these goals, especially in the building sector, presents challenges due to data and technology gaps. With 66% of global corporations now committed to climate targets and an increasing focus on renewable energy integration, the push towards sustainability is both a corporate and operational challenge.
Heat pumps, recognized for their potential to decarbonize buildings by operating on electricity and seamlessly integrating with renewable energy, are gaining traction as a viable alternative to traditional fossil fuel-based heating systems. These systems, including air source (ASHPs), ground source (GSHPs), and water source (WSHPs) heat pumps, not only offer the dual functionality of heating and cooling but also boast enhanced efficiency through the transfer of existing heat rather than generating new heat. Recent advancements have improved ASHP performance in cold climates, dispelling previous concerns about their efficiency in such conditions.
More Propmodo Technology
Propmodo Daily is written and edited by Franco Faraudo with contributions from readers like you and the Propmodo team.
📧 Forward it to a friend and suggest they check it out.
🔗 Share a link to this post on social media.
🗣 Have ideas for future topics (or just want to say hello)? Share your feedback and tips at [email protected] or connect with us on X through @propmodo.
✅ Not subscribed yet? Sign up for this newsletter here.
📫️ Please add our newsletter email, [email protected], to your contacts to make sure you don’t miss any updates.