NEWS
LG establishes global R&D triangle to develop high-performance heat pumps
L
G Electronics (LG) is set to establish a global R&D triangle connecting North America,
Europe and Asia to lead the global heat pump market and secure next- generation heat pumps specifi cally designed for cold climate zones. The company aims to develop regionally specialised core technologies optimised for the cold climate of Northern Europe through the establishment of the European Consortium for Advanced Heat Pump Research (ECAHR). The collaboration with leading
European universities follows the foundation of the LG Advanced Cold Climate Heat Pump Laboratory in Alaska last year, and the company plans to expand eff orts to enhance the performance of its Heating, Ventilation and Air Conditioning (HVAC) products in low-temperature climate conditions. This August, LG will also continue its research on cold climate heat pumps in Harbin in partnership with a prestigious Chinese university. LG held a signing ceremony on June 18 at the main auditorium of Oslo Metropolitan University in Norway to mark the commencement of the consortium. Members include Oslo Metropolitan University, the Norwegian University of Science and Technology (Norges Teknisk- Naturvitenskapelige Universitet) and the University of Naples Federico II, an institute in Italy actively pursuing research in cold-climate HVAC. During the winter of this year, Northern Europe experienced record-breaking cold weather, with temperatures dropping below minus
40 degrees Celsius. In these regions, achieving high heating effi ciency is challenging due to the diffi culty of compressing refrigerants at lower pressures. To address this, LG established a consortium to develop heat pumps that deliver top-tier heating performance even in extreme cold conditions. Furthermore, the company is looking to enhance its core technologies to lead global electrifi cation eff orts and expand supplemental heating availability in Europe.
In 2022, the EU launched the
REPowerEU plan, aiming to reduce dependence on Russian fossil fuels and expand new and renewable energy sources by 2030. As a result, the demand for high-effi ciency electric appliances and heat pump heating and cooling systems has surged across Europe, fueling eff orts to lower energy consumption and achieve carbon neutrality. What’s more, LG is in the process of establishing a comprehensive local operation system for its HVAC business, which is expected to drive growth in its business-to-business (B2B) operations. The system covers all stages locally, from research and development to sales, maintenance and operations.
In the announcement of LG’s
Future Vision 2030 last year, CEO William Cho highlighted B2B capability enhancement as one of three major growth factors. Aligning with this vision, the HVAC business has set an ambitious goal to more than double its sales by 2030.
Download the ACR News app today
www.acr-news.com • July 2024 9
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44
