This paper dealt with the flow and cold heat-storage characteristics of the oil (tetradecane, C14H30, freezing point 278.9 K)/water emulsion as a latent heat-storage material having a low melting point. A coiled double-tube heat exchanger was used for the cold hear-storage experiment. The pressure drop, the heat transfer coefficient, and the finishing time of cold heat storage in the coiled tube were measured as experimental parameters. It was understood that the flow behavior of the emulsion as a non-Newtonian fluid had an important role in the present cold heat storage. The useful nondimensional correlation equations for the additional pressure loss coefficient, the heat transfer coefficient, and the cold heal storage time were derived in terms of modified Dean number and hear capacity ratio.