The world uses more thermal energy than electric energy.

Managing heat is essential to development all modern civilizations.

Cooling is the most central human adaptation to climate change.

Expanding the global cold chain will enrich life for billions of people.

Grid failure is not an acceptable risk.

Grid failures typically happen in the summer.

Cooling demand is growing faster than heating.

Peak load growth is occurring throughout USA and rest of world.

Energy efficient cooling can deliver results faster than new generation.

Policy change can’t solve grid resilience without cooling technology

Technology that delivers more cooling for less $ “moves the needle”

Improving energy efficiency of cooling applications will reduce blackout risks

Impact results from technologies that reduce costs

Technologies that cost too much just don’t scale without subsidy

Different technologies can support multiple cooling solutions

Investment restrictions reduce return potential

Geographic restrictions increase portfolio risk

We can’t predict which AI system wins, but we can predict heat from GPUs