Implemented pay-per-use cooling/ outsourced cooling projects from Asia, Africa, and Latin America can enter the Cooling as a Service (CaaS) Prize before the extended deadline of 31 July 2020.

About the CaaS Prize 

The main focus of the CaaS Initiative is to mainstream the adoption of the Cooling as a Service (CaaS) servitisation model around the world. For this, the CaaS team has been working on developing various tools such as a contract, pricing model, and marketing material to support the implementation of CaaS projects. They have also been working on keeping interested parties informed via a series of events. The initiative is currently supporting projects in Asia, Africa and Latin America. 

During the implementation of the CaaS Initiative, BASE has identified a few individual efforts for implementing existing servitisation schemes in the cooling industry. BASE wants those efforts, and many others still unknown to the CaaS Initiative, to be known by everyone. To achieve this, BASE has launched the CaaS prize.

What is the CaaS prize?

The CaaS prize gives the winner and qualified participants the possibility to showcase their project throughout the CaaS Initiative’s networks. For this, the CaaS prize entails resources to cover all costs related to the development of marketing material to be showcased on the CaaS website and throughout our virtual channels. 

All qualifying projects (those that comply with the CaaS principles set out below) will be featured on the website’s “case studies” page. The project selected in the top three positions will be invited to showcase their projects in a variety of CaaS events (including a webinar and a global E-Summit). In addition, for the first place, BASE will finance the production of a high definition video about the project to be streamed in its virtual networks.

Who should apply and what are the criteria for selection?

BASE calls on all companies who would like to showcase their cooling industry servitisation projects to apply. Qualified participants must present concrete projects that must be completed or under an advanced degree of implementation. The projects can be implemented in any sector (commercial, public, healthcare, tourism, cold rooms, etc.). District cooling projects are not applicable for the CaaS prize, as the initiative focuses on cooling provided as a service to individual buildings. Cooling as a Service within building complexes, such as for universities, hospitals, hotels, airports, etc, are eligible.

The projects must embed the key features of a CaaS project, namely:

• The solution provider owns, maintains and operates the cooling infrastructure
• The cooling service is sold per unit of cooling, or with a similar price structure.
• Ownership of the equipment is not transferred to the client.
• The projects entail a service contract rather than a lease. It is accounted for as an off-balance rather than an on-balance expenditure for the user.
• The costs of relevant utility bills (e.g. electricity, water) are paid by the solution provider, who therefore has an incentive to optimise efficiency performance.
• Users can exit the contract before it ends, without having to pay the full cost of the equipment.
• The technology used must be energy-efficient and generate savings.
• The technology must use low Global Warming Potential (GWP) refrigerants or natural refrigerants.

Where?

Applications for the CaaS prize are open for projects implemented in Latin America, Africa, and Asia. OECD countries are excluded, except Chile, Colombia and Mexico.

When? 

Applications for the CaaS prize are open until 31 July 2020.

How? 

To apply to the CaaS prize, please fill in this online form with the information of your project.