Decarbonizing Heat: A New Frontier for Technologies and Business Models
Decarbonizing Heat: A New Frontier for Technologies and Business Models 27 February 2019 — 8:15AM TO 9:45AM Anonymous (not verified) 3 December 2018 Chatham House | 10 St James's Square | London | SW1Y 4LE
Building space and water heating accounts for over 35 percent of global energy consumption - nearly double that of transport. However, there has been limited progress in decarbonizing the sector to date. International cooperation is required to ensure harmonized policies drag low carbon heating technologies down the cost curve to the extent that low carbon heating is cost competitive and affordable. The initial presentations and discussion focus on:
- Demand reduction technologies and policies that speed up transformation of the sector.
- The different challenges for energy efficiency of retrofitting as opposed to new build.
- The impact of electrification on GHG emissions and the power sector.
- The comparative role of national and city level initiatives.
The meeting concludes by looking at the challenges and risks in accelerating the transformation of heating and the lessons that can be learned from other sectors.