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In the built environment alone, more than one third of the EU energy is used; for heating, in both the built environment as well as the industrial sector, the EU consumption is around 40% of which approximately 80% is used for applications below 150°C. These figures reflect the enormous potential for solar thermal as the main technology to replace traditional fuels used for heating and cooling. Based on the present state of the technology, the perspectives for further technological developments and the combination with price developments for traditional fuels as a result of scarcity and environmental cost, a realistic assumption can be made that in the next 25 years energy needed for heating and cooling in the EU can be reduced by a minimum of 50% through a mix of energy savings, energy efficiency and the use of solar thermal. In economic terms this implies that widespread use of solar thermal technologies in combination with other energy reduction measures can take up to 15% or roughly € 100 billion out of the EU energy bill in a few decades time. The worldwide and the European solar thermal markets have grown significantly over the recent years. The solar source for solar heating and cooling technologies is large and in reality “unlimited”, the contribution of solar produced heat depends from the possible installations. It may be estimated, that about 30% to 40% of the worldwide heat demand may be covered by solar produced heat, and in Europe of about 20% of the demand for heat supply. With these assumption, the useful solar heat will be in the long-term (2050) of about 50-60 EJ/year worldwide and 10 – 15 EJ/year in Europe. Market Deployment of Solar Thermal Systems Market Deployment of Solar Thermal Systems From Research and Development to Market Deployment From Research and Development to Market Deployment Market Deployment Research and Development Market Introduction Market Deployment Swimming Pool Heating Domestic Hot Water District Heating Solar-Combisystems Sea Water desalination Facade Collector Systems Hot Water in Multi-family Housing Process Heat Cooling 29PDF Image | Economic Perspectives of Renewable Energy Systems
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