SpencerMayes
Building Services Consultants
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Company & Industry News
The future of residential heating in the middle of an energy crisis
The energy market has been under tremendous pressure since BSRIA published its strategic analysis of the future HVAC market earlier this year. As the conflict in Ukraine becomes more intense and the gas supply from Russia dwindles, energy prices have skyrocketed, leading to a new way investment planning for policymakers and building owners.
Back in January 2022, BSRIA published its long-term European HVAC market outlook study, which looks at the potential development of residential heating systems– both fossil-fuelled and electrically driven– up to 2030. The study assesses the expansion of traditional systems versus greener technologies and analyses the market readiness from a legislative, energetical and consumer viewpoints, examining how products are likely to match investors requirements. Read more