New analysis: Export of district heating and cooling can create growth worth billions
Solutions for district heating and cooling can become a new growth engine for the energy industry. Exports are expected to increase by 60% until 2025 and give 2,400 jobs, according to a new report by Cowi made for DI Energi, Dansk Fjernvarme, Fjernvarmeindustrien and think tank Grøn Energi.
The report maps out the potential for export to neighboring markets in the EU, and it shows that there are billions to be gained for Danish companies specializing in the district heating and cooling.
According to the “Analysis of export potential in the heating sector” companies expect that exports will grow from 6.6 billion DKK in 2016 to DKK 10.7 billion. in 2025 – an increase of 60%. There will also be recruited 2,400 new employees in the industry to meet demand.
Unique home market provides export
Few countries have as much connection to district heating as Denmark, where 64% of households are supplied with district heating.
The large domestic market gives Danish companies unique expertise in the field and is a great showcase abroad. At the same time 58% of the Danish district heating is green – which is of growing interest in a world that is focused on reducing CO2.
Read the entire press release (in Danish) and download the report here.