This report draws on the findings of twenty pre-feasibility studies and seven feasibility studies to demonstrate the economic and technical feasibility of heat pumps for low temperature heating applications.
Report extract
Decarbonising industrial process heat is a major challenge for Australia. It accounts for more than 40% of fossil fuel use in industry.
While a number of renewable energy options have been identified as suitable for decarbonising industrial process heat, historically they have been unable to compete on financial terms. This continued perception has contributed to low take-up of such options, particularly industrial heat pumps which are being used increasingly outside of Australia but local awareness and capacity remains low.