Pitch
Roughly 20% of the world’s electrical energy is used for cooling. Moreover, most cooling gases used as refrigerants have a global warming potential up to 4,000 higher than CO2.
Alternatives are inefficient and explosive or toxic.
Magnetic cooling uses a special metal which heats up and cools down by magnetizing and demagnetizing it. With a higher energy efficiency of up to 40% compared to the best gas compressor available, this technology has the potential to revolutionize the way we cool down our medicine, food, and premises. The overall cooling sector adds up to 300 bn US-Dollar in turnover per year. Without using any harmful or problematic gases, magnetic cooling is low-maintenance, safe, and environmentally-friendly.
