A new study released by the International Council on Clean Transportation (ICCT) has found that achieving emissions reductions through electrification in heating in European homes will be far cheaper and cost-effective than using hydrogen-only technologies. In its modelling, air-source heat pumps are the most cost-effective residential heating technology in 2050, and at least 50% lower in cost than hydrogen. The analysis comes in the context of a new push from the European Commission to raise the 2030 greenhouse gas reduction target to at least 50%, on 1990 levels. Heating is the primary source of energy demand in European households and determining the best pathway to decarbonise this sector is as vital as the power and transport sectors, in this decade, in Europe.
Renew Economy 14th March 2021 read more »