HVAC Breaking News / Refrigerants & Reclaim

Nov. 27, 2013: New System Manages Life Cycle of Refrigerants as Assets

Helps Provide Businesses with Supply Chain Transparency and Monetization

SAN FRANCISCO — EOS Climate has announced the launch of its Refrigerant Asset System™ (RAS), a cross-sector business model that focuses on refrigerants as assets. Refrigerants have traditionally been treated as consumables in a linear model, in that they are produced, used, and replaced on an ongoing basis. The Refrigerant Asset System allows businesses to manage refrigerants as assets, investing in their conservation and maintenance, and monetizing them when they have reached the end of their useful life. The company said major U.S. retailers and refrigeration service contractors have been deploying the new platform on a pilot basis, with the system now being officially launched.

The Refrigerant Asset System provides refrigerant intensive industries, such as supermarkets, hotels, and manufacturers of HVAC and refrigeration equipment, with multiple asset optimization paths for their refrigerants. The system deploys integrated technology across the refrigerant value chain to track every pound of refrigerant from the point of purchase to the end of its life. The real-time transparency into refrigerant movement delivers information seamlessly for compliance reporting, advanced sustainability metrics, and enables refrigerant owners to capture value from their assets.

Because assets get managed, the company believes its Refrigerant Asset System will revolutionize refrigerant use. Deployed at scale, it can prevent millions of metric tons of carbon dioxide equivalent from reaching the atmosphere.

“Refrigerants have long been viewed as a compliance and financial burden for business. Our new system is a fundamental shift in approach, treating the hundreds of millions of dollars that businesses like supermarkets have tied up in refrigerants as a valuable commodity. And, because businesses protect assets and don’t allow them to vanish into thin air, the environment benefits as well. It really is a win-win for everyone,” said EOS Climate CEO Matt Jones.

For more information, visit www.eosclimate.com.

Publication date: 11/25/2013

Want more HVAC industry news and information? Join The NEWS on Facebook, Twitter, and LinkedIn today!

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.

Podcasts

NEWSMakers: Rajan Rajendran

Rajan Rajendran, newly appointed director of the Emerson Innovation Center, talks about the new $35 million facility and how it will function on the University of Dayton campus. Posted on Aug. 29.

More Podcasts

ACHRNEWS

NEWS 09-01-14 cover

2014 September 1

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Prohibiting HFCs

EPA is proposing a rule that would prohibit some HFCs in select refrigeration applications. Do you agree with this move?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con