The major contribution of fluorescence from most proteins arises from the indole moiety of tryptophan. The excited state of indole has a dipole moment that differs from that of the ground state. Following photo-excitation there is a rapid shift in the dipole moment, and if the indole is in a polar solvent (such as water) solvent molecules must reorganize to stabilize the excited state . This stabilization of the excited state results in a red shift of the fluorescence(referred to as a fluorescence Stoke's shift) . This stabilization will be far less in a more nonpolar environment such as the interior of a protein, and thus result in less of a red shift.
From what is suggested by your observation is that the protein undergoes a conformational change as the temperature is lowered. This conformational change exposes the tryptophan to the aqueous environment at the lower temperature resulting in a fluorescence red shift.
The major contribution of fluorescence from most proteins arises from the indole moiety of tryptophan. The excited state of indole has a dipole moment that differs from that of the ground state. Following photo-excitation there is a rapid shift in the dipole moment, and if the indole is in a polar solvent (such as water) solvent molecules must reorganize to stabilize the excited state . This stabilization of the excited state results in a red shift of the fluorescence(referred to as a fluorescence Stoke's shift) . This stabilization will be far less in a more nonpolar environment such as the interior of a protein, and thus result in less of a red shift.
From what is suggested by your observation is that the protein undergoes a conformational change as the temperature is lowered. This conformational change exposes the tryptophan to the aqueous environment at the lower temperature resulting in a fluorescence red shift.