Honeywell stated that its energy-efficient, ultra-low global warming potential (GWP) hydrofluoroolefin (HFO) Solstice® ze (R-1234ze) heat pump is being used in Ireland's first low-carbon district heating network, situated in Tallaght, Dublin. The project is currently operational and will help Ireland meet its targets for renewable energy between 2030 and 2050. It will also benefit the European Union's decarbonization efforts, such as REPowerEU.
Competitive Power Ventures announced the launch of its retail energy platform, CPV Retail Energy, which will initially serve commercial and industrial customers in PJM states as a retail electricity provider with plans to eventually enter into New York and New England. By helping businesses achieve their sustainability objectives through renewable and dispatchable low carbon energy solutions, CPV Retail Energy builds on CPV's decarbonization efforts and commitment to environmental sustainability.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 5594
Published Date: Feb 02, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Urbanization and population growth, energy efficiency and environmental concerns, government initiatives and regulations, integration of renewable energy sources, energy security, and resilience are some of the major drivers for the district heating pipeline network market.
The market size of district heating pipeline network is anticipated to attain a CAGR of 4 % over the forecast period, i.e., 2024-2036.
The major players in the market are Microflex, LLC, CPV Ltd, Perma-Pipe International Holdings Inc., BRUGG Group AG, REHAU, Golan Plastic Products Ltd, LOGSTOR Denmark Holding ApS, Uponor Corporation, SUMITOMO MITSUI CONSTRUCTION CO., LTDand others.
The pre-insulated steel segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.