Full Title: Industrial Heat Pumps: it’s time to go electric
Author(s): World Business Council for Sustainable Development
Publisher(s): World Business Council for Sustainable Development
Publication Date: September 21, 2022
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Description (excerpt):
Electrification is one of the most promising and scalable solutions to decarbonize heat, especially for light industry. When coupled with the procurement of clean energy, it offers a genuine opportunity to transition to a low or zero-carbon heating system. Heat pumps are a particularly promising means to turn heat electric as they are the only technology capable of achieving thermal efficiencies well over 100%.
Industrial heat represents approximately 29% of total world energy demand and its decarbonization is therefore an essential feature of any credible pathway to net zero emissions. At a time of geopolitical instability and volatile gas markets, the case for reducing dependence on fossil fuels for industrial heat is increasingly compelling.