Today, the International Energy Agency (IEA) published its #Renewables 2024 report, with insights on 2023 developments in the renewables sector and forecasts for the deployment of renewable energy technologies by 2030. It contains several highlights on #solarthermal.
🏭 For #industry, the great potential of solar thermal remains largely untapped. While in 2023 there was a strong momentum for Solar Heat for Industrial Processes (SHIP), with 77 MWth of the 94 MWth of global additions, solar thermal contributions overall represent less than 1% of industry sector growth in renewable heat consumption. There is still a lot to be done here, and IEA highlights the importance of investment #subsidies for SHIP.
🏢 In #buildings, the use of solar heat is expected to reach 40% globally by 2030, with the European Union having their fair share here along the Middle East and China. Especially tertiary buildings for public and commercial use are expected to feature more solar thermal installations, in line with a greater market shift towards large-scale applications.
♨️ Europe is leading globally on renewable #districtheating growth. Among the factors for this positive trend is the integration of renewable energy, such as solar thermal, into existing district heating networks, supported by RED III targets. The IEA expects renewables to account for 41% of EU district heat generation by 2030, compared with less than 6% globally.
🌞 Our Managing Director, Valérie Séjourné, comments: “In a context where geopolitical tensions exacerbate the need for energy #security and resilience, we call on the Member States to accelerate the implementation of the Fit for 55 package and support the development of the EU-made technology solar heat. Furthermore, we ask European policymakers to provide adequate incentives to scale up the deployment of renewable heat technologies, and #solarheat in particular, as outlined in our Political Manifesto”.
Read our full statement here: https://lnkd.in/e2KzaCDH
📷 Image by Abora Solar
#netzero #energytransition #decarbonisation #nzia #eupolicy #cleantechnology #renewabletechnology #heatingandcooling #heatishalf #renewableheating #renewableheat #solarenery #solar