The challenge
Half of all energy use is to provide heating and cooling. 80% is generated from fossil fuels, we need to reduce this to 0%.
80%
Without action
0%
With action
Our heat pollution can be captured, recycled and distributed to reduce this 80% to 0%.
The solution
Thermal Energy Networks capture existing heat and cooling, recycle it into a thermal energy network and distribute that thermal energy to and within buildings.
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
Example of Thermal Energy Network
Slide to show before and after implementation of TEN
Our City Transition packages...
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.
Pathways & policies
Together we explore the opportunities for your local energy system and develop the right policy tools for the district heating market to take off.
Design
We help you design your physical and digital infrastructure and create a robust business plan.
Investments
We ensure you have a solid financing model, and when you are ready, we match you to the right investors.
1
Pathways & policies
We model your local energy system and explore pathways
- We build a techno-economic model of your local energy system to investigate cost efficient paths for district heating and cooling
- The model can identify how to fulfil your climate goals
- Through iterative workshops we create a set of scenarios for you to choose between
- The model is yours to keep, and can be used repeatedly to investigate future upgrades of your energy system
We develop the policy tools needed for the new markets to take off
- Through the energy system model, we simulate the effects of alternative policy scenarios.
- We calculate the consequences of different economic incentives and find the right balance to set the transition in motion.
- We review the current policy status and advice you on efficient policy measures, based on our experience from mature heat markets.
What can be done to make use of waste heat?
2
Infrastructure and business design
We help you design your physical and digital infrastructure
- We transform the abstract ideas into pipes and boilers.
- We deliver a full concept design, including an IT structure to ensure optimal utilization of the thermal sources.
- With an IT structure, it is possible to identify the optimal size of a system and to build flexibility into it. In this way, your system can expand over time without additional investments.
We help you make a robust business plan
- Based on your infrastructure design, we create a robust business plan for the district heating network.
- The business plan includes cash flow analysis, risk analysis, and identification of investment needs.
- You will receive a set of financial key performance indicators, to guide you through the next steps in your process.
What should I build and what is the business case?
3
Investments
A solid financing model
- We identify key legal, commercial and investment challenges.
- We ensure that your district heating concept comply with the EU taxonomy to ensure the possibility for green investments.
- Our models include an EU Taxonomy screening functionality, which allows you to understand how different investment choices impact the EU Taxonomy alignment of your assets.
When you are ready, we match you to the right investors
- We set up initial investor dialogues.
- Through our network within district heating and cooling we match your needs with the interests of possible investors, so your project can take off.
- The analysis results from the previous work packages in combination with a solid business plan provides investors with the information they need to make an investment decision on your project.
How do I attract finance to my business case?
Who are TEN21?
TEN21 is a collaboration between a group of Europe’s leading institutions and experts in thermal energy.
We work with...
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
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