A solution

It is possible to heat and cool buildings without any fuel combustion. Even so, 80% of the heat and cool provided to buildings in the European Union is fossil.

We tackle this challenge by creating awareness about alternative heat sources and create a business case for a smart system with decentralized heat supply and storage units for intra-day and intra-seasonal use.

There are 3 types of Thermal Energy Networks

Heat only

For areas with no or low cooling requirement

Hybrid heat & cooling

For areas with a need for both heating (in winter) and cooling (in summer)

Cooling only

For hot areas with no need for heating

We work with all three types.

Research has shown that 35% of the heating and cooling demand in the EU could be met by waste heat, an asset with limited use today. We aim to maximize the use of waste heat in any network: doing so, cities make us of energy generated by their citizens every day

Example of Thermal Energy Network

Slide to show before and after implementation of TEN

Our offers

Our mission is to secure your heat transition. By using one or several of our services you can move from idea to a solid and funded plan. If you start from scratch, we advice you to start with offer 1, and continue on with the remaining packages to obtain a robust district heating system.

Transition support for companies, cities and countries

We support you to understand what to do, what to build and how to finance it.

Learn more

Investor support

We have identified that investors are often new to the asset class of district energy and we are happy to support in or develop educative actions for you and your organization.

Learn more

1

Transition support

For companies, cities and countries

Who are you?

You are a decision maker in a company, city or country. We help you to understand:

  • What actions to take and when
  • Investments to undertake and their bankability
  • How to finance your transition plan
  • We validate that short term investments and long-term goals are aligned

How do we work?

Transition pathway identified
Investment project identification
Financial model identification

Transition pathway

Based on the model output our team identifies what your short and long term goals are and we identify the most cost and energy efficient transition pathway for you. This work can also encompass market and policy design. We build an energy systems model of your assets, or planned assets.

Investment project

We break the transition pathway down into investment projects for which a bankability assessment is done. The investments are prioritized and an investment timeline is built.

Financial model

If you want to proceed to undertake the investment, financing must be secured. A financial model for the project is designed. If desired, we can support in matching relevant investors to your investment plan

What should we build? When should we build it? How should we finance it?

Get in touch

2

Investor support

Who are you?

An investor interested in district energy. We help you to understand:

  • The district energy market and routes to it
  • The impact of the EU Taxonomy on your district energy investments

Through research projects and desk research we have established a database on district energy markets in Europe. Every investor has a unique interest and to tailor to it we will perform additional desk research and, if needed, undertake interviews in relevant markets to give you the best available information.

We have identified that investors are often new to the asset class of district energy and we are happy to support in or develop educative actions for you and your organization.

What investments in district energy are efficient for my organization? 

Get in touch

About TEN21

Thermal Energy Networks for 21 degrees of indoor comfort, TEN21, is a collaboration platform between experts across the district energy value chain.

The idea was born during the Helsinki Energy Challenge, launched to support the city of Helsinki to decarbonize its district heating system from gas to other alternative but not resorting to biomass. The competition was launched by the city and TEN21 partners were amongst the 10 finalists (2021). For the challenge, an energy systems model was built for Helsinki and a first transition and investment plan was built. Since, the partners have identified that many decision makers in companies, cities and countries need support to move from their current state to a desired state, TEN21 has the supporting role. Founding partners are the Swedish Environment Research Institute, initiative led by Kristina Lygnerud and Resourceful Futures, initiative led by Chris Garside.

 

Meet the team

Our clients

Companies

Energy companies and professional advisors

Policy makers

Policy makers to establish efficient policy and regulation

Investors

Investors interested in identifying taxonomy aligned investment opportunities

Cities and countries

Cities and countries wanting to establish sustainable energy supply in the short and long run

Cities and building owners that need to transition to a decarbonised future

Policy makers to establish efficient policy and regulation

Investors interested in identifying taxonomy aligned investment opportunities

Energy companies and professional advisors