Tetra-n-butylammonium bromide (TBAB) semi-clathrate hydrate is an attractive phase change material for cold energy storage and transport. The high viscosity of hydrate slurry is a major challenge for process design and causes large pumping power consumption, not to mention the significant discrepancy of viscosity data observed in the literature. In this study, the discrepancy was clarified by studying the rheology of TBAB semi-clathrate hydrate slurry (SHS) using a rheometer with seed-induced in-situ formation of hydrate up to a high hydrate fraction (∼0.51). TBAB SHS exhibited a non-Newtonian shear-thinning behavior. Its apparent viscosity increased exponentially with the increase of hydrate fraction. Type B TBAB SHS was recommended due to its lower apparent viscosity than type A TBAB SHS. Energy analysis revealed that TBAB SHS with appropriate hydrate fractions could outperform chilled water to provide the same cooling capacity but consume less pumping power. Furthermore, to reduce the viscosity, an environmentally benign additive l-tryptophan was identified and employed for the first time. Addition of l-tryptophan up to 1.0 wt% in TBAB SHS significantly decreased the apparent viscosity and lead to a 68.7% reduction of pumping power consumption compared with chilled water. This work demonstrated the potential of TBAB SHS as a more efficient next-generation secondary refrigerant and the addition of a small dosage of l-tryptophan would considerably enhance its economic strength in cooling applications.