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Europe District Heating Market Trends

  • Report ID: GMI6753
  • Published Date: Jul 2024
  • Report Format: PDF

Europe District Heating Market Trends

European countries are increasingly incorporating renewable energy sources into their DH systems to reduce carbon emissions. Solar thermal, biomass, and geothermal energy are gaining traction as viable heat sources. For instance, Denmark is leading the way with extensive use of biomass and solar thermal in its DH networks. The European Union's (EU) policies, such as the Renewable Energy Directive, are pushing member states to increase the share of renewables in their energy mix, thereby accelerating this trend. Many European cities are expanding their DH networks to cover more residential, commercial, and industrial areas. This expansion is often driven by the need to replace aging infrastructure and improve energy efficiency.
 

Countries like Sweden and Germany are investing heavily in modernizing and expanding their DH systems. This trend is also fueled by urbanization, as densely populated areas benefit more from centralized heating systems. Advanced control systems, smart meters, and data analytics are being used to optimize heat distribution and consumption. These technologies enable real-time monitoring and management of DH networks, enhancing their efficiency and reliability. The adoption of Internet of Things (IoT) and Artificial Intelligence (AI) in DH systems is also expected to further improve their performance and sustainability.
 

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of Europe district heating was reached USD 84.2 billion in 2023 and is projected to witness 3.8% from 2024 to 2032, due to growing urbanization and increased energy efficiency standards.

Europe district heating industry size from the residential application segment is expected to observe over 3.6% from 2024 to 2032, driven by the implementation of stringent energy efficiency regulations by European governments.

Russia district heating market size may exceed USD 53.5 billion by 2032, owing to the countrys extensive cold climate necessitating reliable and efficient heating solutions.

Some of the major district heating firms in Europe are Fortum, ALFA LAVAL, Goteborg Energi, E.ON UK plc, Vattenfall AB, ENGIE, STEAG GmbH, Euroheat & Power, Statkraft AS, RWE, Danfoss, Ramboll Group A/S, Ørsted A/S, LOGSTOR Denmark Holding ApS, and KELAG Energy & Heat GmbH.

Europe District Heating Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 15
  • Countries covered: 12
  • Pages: 110
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