Section

Heatwave swells Asia's appetite for air-conditioning

By Economic Times - 7 months ago
A record-breaking heatwave is scorching parts of Asia, driving a surge in demand for cooling solutions like air-conditioning. Despite being a common sight in some urban areas, only 15% of homes in Southeast Asia have AC. With forecasts predicting a significant increase in air-conditioning units by 2040, strains on local electricity capacity are expected to worsen. Myanmar and Thailand are already facing electricity challenges due to factors like low natural gas yields and attacks on infrastructure.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.