Shopping Malls

Implementing CryoGenX4 technology across shopping malls worldwide could provide transformative financial and environmental benefits for this energy-intensive sector.

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There are approximately 115,000 shopping malls worldwide,

with a significant concentration in regions like North America, Asia, and Europe. We have been working with shopping malls to deploy LED lighting upgrades and CryoGenX4 since 2010.

Monetary Impact:

Energy Costs: Shopping malls are major consumers of electricity, with annual costs averaging $400,000 to $1 million depending on size and region.
CryoGenX4’s 8% Savings: An 8% reduction would translate to $32,000 to $80,000 in annual savings per mall.
- Global Savings Potential: Across 115,000 malls, CryoGenX4 could deliver $3.68 billion to $9.2 billion in annual savings worldwide.

Environmental Impact:

CO2 Emissions Reduction: Given the high electricity usage, CryoGenX4’s 8% reduction would substantially reduce scope 2 emissions.
Emissions Factor: Assuming an average emissions factor of 0.92 kg CO2 per kWh, each mall could reduce CO2 emissions by 235 to 587 metric tons annually.
- Global CO2 Reduction: Across all malls, CryoGenX4 could cut 27 million to 67.5 million metric tons of CO2 emissions per year—equivalent to taking 5.8 to 14.5 million cars off the road annually.

CryoGenX4’s impact on global shopping malls is substantial, yielding up to $9.2 billion in energy savings annually while reducing CO2 emissions by 67.5 million metric tons.

This solution supports mall operators in achieving financial savings and reducing their environmental footprint, aligning with global sustainability goals.

Clients Who Are Making a Global Impact

Shopping Mall Case Studies

Simon Properties Shopping Malls

Energy Efficient Technologies assisted and oversaw the validation of CryoGenX4 in their Katy Mills location. Results showed an 11.4% efficiency improvement on fairly new equipment. After successful...

Washco Properties Shopping Malls

Since 2014 Energy Efficient Technologies has performed energy audits and upgraded dozens of strip malls and office building locations to LED for Washco Properties across Maryland and Pennsylvania.