Environmental Stewardship is our Culture.

Transcription

1 Environmental Stewardship is our Culture. October 2013

2 Carrier - Sustainability In and Out Since 2000, UTC Climate, Controls & Security s high-efficiency products and energy services have avoided the emission of 133 million metric tons of greenhouse gas. Source: Carrier Internal Study 2

3 Our Environmental Stewardship is a Mindset 34% Carbon footprint reduction on Vector July % improvement in refrigerant containment on Pulsor - Nov % reduction in energy consumption since 2007 on France production site 60 db(a) achieved on City urban distribution units April serviceable parts removed thanks to electric technology Sept % of Vector components are recyclable Source: Carrier Internal Study 3

4 Our F-Gas Position Global consistency Commercial Refrigeration 2020 phase-out to natural refrigerants Transport Ref. Marine Ref. Include Transport Refrigeration in revised EU F-Gas Regulation 2025 phase- out to natural refrigerants Include Marine Refrigeration in revised EU F-Gas Regulation 2025 phase- out to natural refrigerants Commercial HVAC 2020 phase- down to GWP 150 Residential HVAC 2025 phase down to lowest possible GWP 4

5 For A Sustainable Cold Chain Carrier s natural refrigerant Technology reduces Greenhouse gas Emissions for retailers 5

6 Supported by Technology Evolution on CO 2 6

7 Towards CO 2 in Refrigeration Commercial Refrigeration success (664 installations in Europe*; significant efficiency improvements) Container Refrigeration 7 commercially available after 2 years of intensive trials (training, reliability, performance, efficiency) Road Transport Road Transport Refrigeration Trials (future) *As of Aug

8 Leveraging Container on Roads 8

9 Consistent with 14 years of Electric Design 5) 4) 1) Engine 2) Generator 3) Semi-hermetic compressor 4) Condenser fans 5) Evaporator fans 3) 1) 1) 2) CO 2 high-efficiency solutions for warmer climates 9

10 Low GWP Refrigerant Selection HFC Tax impacts on Trailers (Electric concept / 5% leak rate per year) Technology Refrigerant Safety assessment Conventional Electric R404A non flamable ,6% +9,2% +13,9% Conventional Electric R407F non flamable Conventional Electric Conventional Electric R yf mildly flamable mildly flamable Initial Price Conventional Electric Propane R290 highly flamable Conventional Electric CO2 non flamable Tax 20 /T Tax 40 /T Tax 60 /T Source: Carrier Internal Study Flammability mitigation, efficiency & glide remain a challenge for new chemical refrigerants. Thanks to technology improvements, CO2 high ambient roadblock is being removed. 10

11 Vehicle Presence within F-Gas countries Estimated Transport Refrigeration Vehicles Segment Breakdown by ambiance 17% 66% 17% Attractive energy savings can be obtained with average annual temperatures of up 15 C For reference, the annual average temperature in: Stockholm: 7 C; Paris: 12 C; London: 11 C; Milan: 13 C, Madrid: 14 C (Source: German 28/29 National October Meteorological 2010 Service 2007) Source: Carrier Internal Study (TAS 2012) 11

12 Our Choice: CO 2 for Better Cost of Ownership 7 years Refrigerant Life Cycle Cost estimate At parity with R404A? Average efficiency 38 C (as a result of NaturaLINE trials) CO2 R404A R404A CO2 + Initial Purchase Cumulative Leaked Refrigerant Cost Incl. taxes 20 /ton (Hermetic 5%/year) Annual Leakage Check Cost Life Cycle Cost: Unit price + Refrigerant cost Vehicle 1 st use Source: Carrier Internal Study Source: Carrier Internal Study CO 2 12

13 World s First CO 2 Trailer Sainsbury s commitment to phase out HFCs Project initiated June 2012 Carrier Transicold AdvanTE 3 C Transport Lead World s first CO 2 unit for a trailer application (2 year trial) NaturaLINE unit mounted on a Gray & Adams box 13

14 Transport Commercial Trending Towards a Solution Benchmark: Commercial Refrigeration Several Industrial Natural Products Ban of HFCs? Scenario 1: CO 2 introduction in Road Transport after F-Gas revision Ban of HFCs or Ban GWP with a threshold Enforced In 2006 Revision 2014 Revision 2022 Revision 2030 Options: Ban of HFCs Ban GWP > 2500 No Ban No ban or Ban GWP with a threshold Ban of HFCs? Scenario 2: No CO2 introduction in Road Transport (highly unlikely) New Intermediate Step in Refrigeration = Divert R&D Investments Source: Carrier Internal Assessment 14

15 Thank you for your attention! Carrier has the right refrigerant for every application, but every application will not have the same refrigerant solution