Distributed heating and cooling network

A distributed heating and cooling network for installation in a building having a plurality of rooms, the network comprising:

• a plurality of individual heat pumps and a plurality of individual cold emitters, the plurality of individual cold emitters being selected from one of fan coils, a chilled beam, and fan assisted convectors, each heat pump of the plurality of individual heat pumps and each cold emitter of the plurality of individual cold emitters being directly and independently coupled to a single common liquid loop of the network, wherein, during cooling operations, at least one of the plurality of individual cold emitters is coupled to the common liquid loop and is configured to extract heat from a room of one of the plurality of rooms in which the at least one of the plurality of individual cold emitters is located and to transfer the heat extracted from the room of one of the plurality of rooms in which the at least one of the plurality of individual cold emitters is located to the common liquid loop, wherein, during heating operations, at least one of the plurality of individual heat pumps is coupled to the common liquid loop and is configured to extract heat from the common liquid loop and transfer the heat extracted from the common liquid loop to the room of one of the plurality of rooms in which the at least one of the plurality of individual heat pumps is located, and wherein, during the cooling operations, at least one individual heat pump of the plurality of individual heat pumps is also coupled to the common liquid loop and is configured to extract heat from the common liquid loop.