Why

High energy costs

Thermal energy use in heat-intensive industry sectors represents over 70% of total production costs. 

Limitations of renewable installations

Traditional solar installations are often built entirely on-site and are not scalable.

Environmental impact from industries

Europe's industrial sector is responsible for two-thirds of its total CO2 emissions.

Market

€4tn 

Predicted global clean-tech energy market in 2020. Industrial heating consumes two-thirds of industrial energy demand and almost a fifth of global energy consumption.

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