Heat Pumps Innovations & Startups Report

Comprehensive Showcase of Global Heat Pumps Innovations & Startups

From CLIMAFIX, leader in climate innovation intelligence

Heat Pumps Introduction:

Heat pumps do something simple but effective – they move heat from where it is available in excess or economically to where it is needed. Running on electricity, heat pumps can provide coefficients of performance much higher than 1 mainly because they are able to utilise waste heat efficiently.

Heat pumps can be either air-source heat pumps, water-source heat pumps, or geothermal heat pumps. In all these cases, heat pumps derive heat from the respective sources and transport them to domestic or industrial applications that need them. Heat pumps are typically useful for low-temperature applications, up to about 75 ℃. Industries such as food, dairy, chemicals, pharm, and automobiles have processes operating at these temperatures. Heat pumps can also work in combination with air conditioners so that the same equipment can cool in summer and provide heating in winter.

Heat pumps can be used in many countries, and even in some cold regions. Heat pumps are an established technology, and geothermal heat pumps have existed for decades. What is new is the range of applications emerging for heat pumps, and also use of new sources such as river or drainage water.

Some key challenges in heat pumps mainly revolve around specific maintenance issues, lack of effective maintenance support, and lack of awareness among many industrial segments.

For the 2020-2030 period, key innovations in heat pumps will revolve around enhancing heat pump performance, low-maintenance heat pumps, geothermal heat pumps, the use of alternative refrigerants in heat pumps, and hybrid heat pumps and air conditioners.

The Heat Pumps Innovations & Startups Report provides insights on the following: