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A glimpse at geothermal heat pumps in Europe
January 10th, 2013Uncategorizedregeocities 0 Comments

The year 2011 has shown a stable GSHP market at the European level. The economic and financial crisis had an impact on the GSHP market especially for the residential sector and in the most mature markets in Sweden, Germany, France. Losses here could be balanced by increases in emerging markets like UK and the Mediterranean countries. The increase there can be explained by the high potential for this technology and the low number of installations until now. The market is developing all over Europe and for all kinds of sectors: residential, tertiary and industrial (in the latter, in the form of Underground Thermal Energy Storage, UTES).

These are some of the findings of the EGEC Geothermal Market Report 2012 which was launched on December 4th 2012 at GeoPower Europe in Budapest, Hungary.

To get an idea of the content, you can take a look at the informative presentation on Geothermal Heating Market in Europe given at the official launch reception of the Market Report: EGEC Market Report 2012: Geothermal District Heating Market in Europe by Miklos Antics, GPC IP

You can find more information about the EGEC Geothermal Market Report 2012 here!

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