Future Of British Business
Harnessing Waste Heat Could Save Europe €67 Billion
- Excess energy is enough to meet region’s heat, hot water needs
- Technology to reuse surplus already available: Danfoss
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Europe’s industries and transportation systems waste so much heat that capturing the excess and reusing it could save consumers more than €67 billion ($71.3 billion), a Danish engineering company said.
The surplus produced each year by factories, supermarkets, wastewater facilities, data centers and subways amounts to 2,860 terawatt-hours, nearly the same as the European Union’s total demand for heat and hot water in residential and service-sector buildings, Danfoss A/S said.