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.

Learn more

Design

We help you design your physical and digital infrastructure and create a robust business plan.

Learn more

Investments

We ensure you have a solid financing model, and when you are ready, we match you to the right investors.

Learn more

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?

Get in touch

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?

Get in touch

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?

Get in touch

Who are TEN21?

TEN21 is a collaboration between a group of Europe’s leading  institutions and experts in thermal energy.

Meet the team

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