Geothermal energy: a route to net zero
HVAC Spot On
Heating and cooling buildings, both residential or commercial, can be a complicated undertaking, made even more so by the knowledge that the process is responsible for almost 20% of energy-related global greenhouse gas emissions. But the heating, ventilation and air conditioning (HVAC) sector is facing head on the challenge of reducing these emissions and helping achieve international net-zero carbon goals by 2050.
Rising energy costs, pressing climate change realities, and new regulatory standards are driving individuals, companies and governments to seek out more efficient and effective HVAC solutions. Ground source (or geothermal) heat pumps are fast emerging as a compelling alternative to traditional HVAC systems. In this newsletter we delve into geothermal energy and its potential to provide ecologically conscious HVAC solutions and contribute to international net-zero carbon goals. Given these changing market trends, we also explore the current M&A landscape within the HVAC industry.PHILIP BARKER, HVAC SPECIALIST, OAKLINS
As we explore in our new HVAC Spot On, the industry is embracing the use of geothermal heat pumps (GHPs), a heating and cooling system that harnesses energy from the sun that is stored naturally underground. In our report, we outline how this process works, along with the benefits and challenges around GHPs. We also summarize recent M&A activity in the HVAC market, and feature two case studies where Oaklins provided key sell-side advisory services.
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