Advocates for Renewable Energy Want Heating Technologies Diversified

Renewable energy advocates argue that green-heating solutions lack diversification. The renewables’ representatives noted that diversifying heating technologies by combining heat pumps with solar thermal, solar panels or geothermal is “largely missing” from emission-reduction strategies.

According to Bioenergy Europe, the European Geothermal Energy Council (EGEC) and Solar Heat Europe, relying solely on heat pumps to achieve carbon neutrality is a “major mistake.” Although the groups expressed support for the European Commission’s 90% net-carbon emissions reduction target by 2040, they called for more diversification in heating technologies.

Solar Heat Europe says that while data shows residential buildings account for 80% of household energy needs in the European Union, solar thermal covers only 1.5%. Head of policy Pedro Dias says that hybrid energy systems could help facilitate decarbonization, but they have been overlooked in the EU’s decarbonization strategy. Dias says he regrets the absence of projection on heat in the European Commission’s impact assessment even though the commission is channeling efforts to “unproven solutions.”

Jean-Marc Jossart, Bioenergy Europe secretary general, said achieving the 2040 emissions target would require a pragmatic approach that calls for different forms of clean energy. For instance, he noted, that biomass is efficient, affordable and widely available as a renewable source of energy for industrial processes, district heating and residential heating.

Sanjeev Kumar, the head of policy at the European Geothermal Energy Council, conveyed disappointment at the commission for not including geothermal energy in the climate target proposal. Even so, he still hopes that commission leaders will consider a diversified and dedicated strategy, especially now that renewable energy received support in a European Parliament plenary vote.

Kumar noted that European demand for gas has doomed Europe to an “endless cycle of volatile energy imports and energy prices crises.” He said geothermal energy could be the key to helping Europe decarbonize its heating sector and achieve 2040 carbon emission targets.

The renewable energy groups also called for subtargets, or separate targets, to provide investors with the clarity they need to support carbon capture storage and utilization, as well as heat-decarbonization efforts. One European commissioner said intermediary targets such as the 2040 carbon-emissions targets are great for predictability and mobilizing worldwide investments.

Another EU diplomat said that with the 2040 target set, the debate will now focus on “how to get there.” The diplomat noted that involving the people in climate-change remediation efforts while keeping the efforts on track has become key, especially in light of farmer protests and escalating political disquiet toward climate-change remediation efforts.

Renewable energies are also making their way into the recreational marine industry, with startups such as Vision Marine Technologies Inc. (NASDAQ: VMAR) making electric outboard powertrains to replace the fossil-fuel powered outboards contributing to polluting waterways and emitting lots of greenhouse gases.

NOTE TO INVESTORS: The latest news and updates relating to Vision Marine Technologies Inc. (NASDAQ: VMAR) are available in the company’s newsroom at https://ibn.fm/VMAR

About GreenEnergyStocks

GreenEnergyStocks (“GES”) is a specialized communications platform with a focus on companies working to shape the future of the green economy. GreenEnergyStocks is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, GES is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, GES brings its clients unparalleled recognition and brand awareness. GES is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from GreenEnergyStocks, text “Green” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.GreenEnergyStocks.com

Please see full terms of use and disclaimers on the GreenEnergyStocks website applicable to all content provided by GES, wherever published or re-published: https://www.greennrgstocks.com/Disclaimer

GreenEnergyStocks
Los Angeles, CA
www.GreenEnergyStocks.com
310.299.1717 Office
Editor@GreenEnergyStocks.com

GreenEnergyStocks is powered by IBN