world natural refrigerants trends · world natural refrigerants trends market availability,...

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world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San Francisco, June 18, 2014

Transcript of world natural refrigerants trends · world natural refrigerants trends market availability,...

Page 1: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

world natural refrigerants trendsmarket availability, technology trends & the impact of

policy

Nina Masson, Deputy Managing Director

shecco

San Francisco, June 18, 2014

Page 2: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

natural refrigerants world trends

Page 3: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

north america: huge potential still untapped

Page 4: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

north america: CO2 TC / CO2-HFC stores 2013/14

CO2 TC stores, 2013/14 CO2-HFC / Secondary Systems, 2013/14

2009.00 86.00

Page 5: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

world: CO2 TC stores 2013/14 - leading world regions

source: shecco, status Nov 2013

Page 6: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

world: CO2 TC suppliers active & exchange

current and expected, status: june 2014

Page 7: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

world: CO2-HFC stores 2013 - leading world regions

Page 8: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

europe: CO2 and HC stores

Page 9: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

REFRIGERATION TODAY 2015-20202015-20202015-2020 2020-2025 2025

Domestic Refrigeration

Stand-alone units

Condensing units 2018

Centralised systems

Small industrial refrigeration

Large industrial refrigeration

Road transport refrigeration 20172017

Container refrigeration 20172017

AIR-CONDITIONING TODAY 2015-20202015-20202015-2020 2020-2025 2025

Movable room A/C

Split A/C 2018

Multisplit / VRF A/C

Rooftop A/C

Displacement chillers

Centrifugal chillers 2018

Heat pump water heaters 20162016

Heat pumps for space and water heating 2018

A/C in cargo ships

Commercially available across the EU with sufficient production capacity

Semi commercially available (low volume production)

Not yet commercialy available(R&D / demonstration projects)

europe: commercial availability of NR solutions with ambitious policy action

Page 10: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

REFRIGERATION TODAY 2015-20202015-20202015-2020 2020-2025 2025

Domestic Refrigeration

Stand-alone units

Condensing units 2018

Centralised systems

Small industrial refrigeration

Large industrial refrigeration

Road transport refrigeration 20172017

Container refrigeration 20172017

AIR-CONDITIONING TODAY 2015-20202015-20202015-2020 2020-2025 2025

Movable room A/C

Split A/C 2018

Multisplit / VRF A/C

Rooftop A/C

Displacement chillers

Centrifugal chillers 2018

Heat pump water heaters 20162016

Heat pumps for space and water heating 2018

A/C in cargo ships

Commercially available across the EU with sufficient production capacity

Semi commercially available (low volume production)

Not yet commercialy available(R&D / demonstration projects)

europe: commercial availability of NR solutions with ambitious policy action

already to

day, NR

solutions a

re or moving

towards being

mainstream

Page 11: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

REFRIGERATION TODAY 2015-20202015-20202015-2020 2020-2025 2025

Domestic Refrigeration

Stand-alone units

Condensing units 2018

Centralised systems

Small industrial refrigeration

Large industrial refrigeration

Road transport refrigeration 20172017

Container refrigeration 20172017

AIR-CONDITIONING TODAY 2015-20202015-20202015-2020 2020-2025 2025

Movable room A/C

Split A/C 2018

Multisplit / VRF A/C

Rooftop A/C

Displacement chillers

Centrifugal chillers 2018

Heat pump water heaters 20162016

Heat pumps for space and water heating 2018

A/C in cargo ships

Commercially available across the EU with sufficient production capacity

Semi commercially available (low volume production)

Not yet commercialy available(R&D / demonstration projects)

europe: commercial availability of NR solutions with ambitious policy action

industry re

ady with

solutions f

or most

sectors

in 2018-2020 in europe

Page 12: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

REFRIGERATION TODAY 2015-20202015-20202015-2020 2020-2025 2025

Domestic Refrigeration

Stand-alone units

Condensing units 2018

Centralised systems

Small industrial refrigeration

Large industrial refrigeration

Road transport refrigeration 20172017

Container refrigeration 20172017

AIR-CONDITIONING TODAY 2015-20202015-20202015-2020 2020-2025 2025

Movable room A/C

Split A/C 2018

Multisplit / VRF A/C

Rooftop A/C

Displacement chillers

Centrifugal chillers 2018

Heat pump water heaters 20162016

Heat pumps for space and water heating 2018

A/C in cargo ships

Commercially available across the EU with sufficient production capacity

Semi commercially available (low volume production)

Not yet commercialy available(R&D / demonstration projects)

europe: commercial availability of NR solutions with ambitious policy action

ambitious s

ignals from

legislators

can accelerate

this transit

ion

Page 13: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

europe: CO2 TC stores 2011-2013

source: shecco, status Nov 2013, data from 14 system suppliers / contractors, 11 food retailers

Page 14: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

europe: CO2 TC stores 2011-2013

1330 2885+117%

+158%

+146%

+131%

Page 15: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

europe: CO2 TC stores 2011-2013

1330 2885+117%

+158%

+146%

+131%

market change ca

n

happen very fast

Page 16: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

europe: technology drivers commercial refrigeration

3 major technology trends:

increased efficiency in warm climates = “CO2 efficiency equator” disappears

integrated solutions for heating & cooling

solutions for smaller store formats = move into convenience stores +10

+1

+6

Page 17: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

different european countries drive the market for natural refrigerants and/or against HFCs through taxes, bans, incentive schemes, direct support

europe: policy drivers commercial refrigeration

Page 18: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

food retailers are aware of future HFC bans under the revised F-Gas Regulation

BUT: market leaders in natural refrigerants see no need to adapt their strategy anymore = secure investments

europe: policy drivers commercial refrigeration

Page 19: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

european food retail study

๏ interviews with 50 leading food retailers in Germany, France, Denmark, Norway, the UK + other mainly Western and Northern European countries

๏ supported by Carrier Commercial Refrigeration

๏ retailers that agreed to be mentioned (others opted to remain anonymous):

Page 20: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

europe: impact of F-gas bans in centralised refrigeration systems as of 2022

65,2%8,7%

26,1%

I need to adapt my refrigeration strategy already today/or as soon as the f-gas agreement becomes official.I need to adapt my refrigeration strategy, but closer to the 2022 date.The f-gas agreement does not change my strategy as I am already implementing f-gas alternatives in new systems.I have not heard about the f-gas rules and/or I have no clear strategy yet regarding the use of f-gases in my store.

๏ more than 3 out of 5 food retailers anticipated upcoming bans on the use of HFCs to adapt their refrigeration strategy and use non-fluorinated (natural refrigerant) gases

๏ they are well-positioned to combine long term legislative compliance with investment security, independent of upcoming F-gas rules

๏ without exception, all food retailers have already heard about the upcoming HFC bans and have developed an appropriate strategy

Page 21: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

europe: impact of F-gas bans in centralised refrigeration systems as of 2022

65,2%8,7%

26,1%

I need to adapt my refrigeration strategy already today/or as soon as the f-gas agreement becomes official.I need to adapt my refrigeration strategy, but closer to the 2022 date.The f-gas agreement does not change my strategy as I am already implementing f-gas alternatives in new systems.I have not heard about the f-gas rules and/or I have no clear strategy yet regarding the use of f-gases in my store.

๏ more than 3 out of 5 food retailers anticipated upcoming bans on the use of HFCs to adapt their refrigeration strategy and use non-fluorinated (natural refrigerant) gases

๏ they are well-positioned to combine long term legislative compliance with investment security, independent of upcoming F-gas rules

๏ without exception, all food retailers have already heard about the upcoming HFC bans and have developed an appropriate strategy

the market h

as

anticipated policy

change

and has reacte

d in tim

e

Page 22: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

willingness to reduce investment cycles to promote the uptake of more environmentally-friendly refrigeration

26,7%

26,7%

46,7%

NoYes, by less than 2 yearsYes, by more than 2 years

๏ more than half would be willing to reduce their normal investment cycles to promote the uptake of more environmentally-friendly refrigeration technology

๏ half of this group would even be willing to reduce investment cycles by more than 2 years

๏ the average investment cycle for refrigeration systems in surveyed food retailers is mostly between 9-15 years

Page 23: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

willingness to reduce investment cycles to promote the uptake of more environmentally-friendly refrigeration

26,7%

26,7%

46,7%

NoYes, by less than 2 yearsYes, by more than 2 years

๏ more than half would be willing to reduce their normal investment cycles to promote the uptake of more environmentally-friendly refrigeration technology

๏ half of this group would even be willing to reduce investment cycles by more than 2 years

๏ the average investment cycle for refrigeration systems in surveyed food retailers is mostly between 9-15 years

food retaile

rs are w

illing

to reduce in

vestment

cycles f

or more

sustainable re

frigeratio

n

Page 24: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

source: status Nov 2013, data from 11 system suppliers / contractors, 11 food retailers

europe: HC plug-in units in european stores 2013

Page 25: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

europe: technology & market drivers HC in commercial refrigeration

Page 26: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

europe: technology & market drivers HC in commercial refrigeration

results from EU food retail study:

most retailers are cautious about the use of HCs in systems with a charge of 150+ grams

most retailers think standards are appropriate and would welcome a broader choice of HC solutions for larger systems

major trends:

market driven by proactive food retailers to expand the use of HCs beyond smaller units

the use of HCs in

larger

applicatio

ns has

untapped potential

Page 27: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

0% 50% 100%

19,4

9,7

9,7

3,0

29,0

35,5

25,8

6,1

41,9

45,2

32,3

15,2

9,7

9,7

32,3

75,8

CO2 Hydrocarbons No use Don’t know

75,8% centralised systems

de-centralised systems

plug-ins

bottle coolers, vending machines, ice cream freezers

etc.

use of natural refrigerants among western & nothern european food retailers

Page 28: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

use of natural refrigerants among western & nothern european food retailers

0% 50% 100%

19,4

9,7

9,7

3,0

29,0

35,5

25,8

6,1

41,9

45,2

32,3

15,2

9,7

9,7

32,3

75,8

CO2 Hydrocarbons No use Don’t know

75,8% centralised systems

de-centralised systems

plug-ins

bottle coolers, vending machines, ice cream freezers

etc.

64.6%

54,9%

51,6%

91.0%

Page 29: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

japan: CO2 TC convenience stores & eco cute

Page 30: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

approx. 180 stores with transcritical CO2 systems today

japan: CO2 TC stores 2014 and 2015

180

source: shecco Japan, status June 2014

600+

by march 2015, more than 600 stores can be expected

pushing japan into the top 4 worldwide in the uptake of transcritical systems CO2 in stores

Page 31: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

clear focus on transcritical systems

strong focus on convenience stores (with a few supermarket chains also using CO2 already)

the market will grow quickly thanks to:

NR subsidies, more competition, rising awareness, F-gas law discussion

180

source: shecco Japan, status June 2014

japan: market, technology & policy drivers commercial refrigeration

major trends:

Page 32: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

source: shecco Japan, status June 2014

expected:

the number of food retailers using CO2 systems will increase from 14+ to 25+ brands by march 2015

japan: CO2 TC refrigerant stores: end-users

Page 33: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

source: shecco Japan, status Feb 2014

trend:

the number of non-Japanese companies involved in system development will increase

japan: CO2 TC refrigerant stores: suppliers

Page 34: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

10 years of Eco Cute

residential 4 million

commercial 10k

98% market share

production capacity500k/year

japan: eco cute - a success story

Page 35: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

32 brands

japan: eco cute - suppliers

Page 36: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

GUIDEs: new editions in 2014

2014 20142014

China JapanNorth

America

2014

Training & Education

Page 37: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

GUIDEs: published

GUIDE Europe 2014

GUIDE North America 2013

GUIDE UNIDO 2013

http://publications.shecco.com

Page 38: world natural refrigerants trends · world natural refrigerants trends market availability, technology trends & the impact of policy Nina Masson, Deputy Managing Director shecco San

contact details:

Nina [email protected]: +32 2 230 3700mobile: +32 473 468 194mobile: +49 160 9944 6449

shecco - useful links

Industry Platforms:

http://www.hydrocarbons21.com

http://www.R744.com

http://www.ammonia21.com

http://www.R718.com

GUIDES (Europe 2012 + Europe 2014; North America 2013; CO2/NH3 industrial refrigeration 2013; GUIDE UNIDO 2013) + ATMOsphere Summary Reports

http://publications.shecco.com

ATMOsphere conferences, side-events & network meetings:

http://www.ATMO.org