A new chapter in industrial energy efficiency: global trends and Chinese practices

Preface With the intensification of global climate change and the advancement of sustainable development goals, improving energy efficiency in the industrial sector has become the focus of governments and enterprises around the world. Recently, China and Europe have adopted a series of innovative initiatives and policy measures in industrial energy efficiency, injecting new vitality into the industry. This article will sort out these dynamics and analyze the development trends and impacts of industrial energy efficiency. Global Industrial Energy Efficiency Market Overview According to Moomoo, the global absorption chiller market is expected to reach US$2.98 billion by 2036. This growth was mainly driven by waste heat utilization and district cooling technologies.