Decarbonizing the heat sector is imperative to meeting carbon emissions reduction objectives across Europe. However, progress so far has been sluggish in most European countries.
Sweden is an exception with 80% of its heat coming from locally sourced and abundant biomass.
It sets an example for other European countries, where using local resources and heat networks can help decarbonize the heating sector, whilst also providing the characteristics that institutional investors look for in sustainable infrastructure investments.
This is particularly exciting as new technology is emerging that will help ignite this transition. The need to decarbonize heat In the push to decarbonize Europe’s energy consumption, heating and cooling is clearly lagging the progress made in the electricity generation (...)