Green District Heating

With the adoption of the Climate Law in 2021, European Union has decided to aggressively cut greenhouse gas (GHG) emissions, aiming for a 55% reduction by the end of 2030 before eventually reaching net-zero by 2050. Worldwide, over 10,000 cities and local governments representing more than 900 million people have committed to combat climate change under the Global Covenant of Mayors for Climate and Energy. According to IEA, by 2030, Global Covenant cities and local governments could account for an annual reduction of 2.3 billion tones of CO2. However, such ambitious targets cannot be met WITHOUT DE-CARBONIZING CITIES HEAT Cities have a central role in CO2 reduction as they are one of the major polluters in the world with approximately 75% of global energy consumption and 70% of global CO2 emissions. Moreover, the proportion of global population living in urban areas is expected to increase to over 68% by 2050. Taking actions in cities could reduce emissions from heating and cooling the buildings, transport and waste by nearly 90% by 2050. THIS IS WHERE GREEN TECH FITS IN: providing green and sustainable heat to district heating systems and using our huge geothermal existing resources for de-carbonization of major towns like Bucharest, Timisoara and alike, we can implement our experience of more than 30 years in heating small size towns. In addition to green heating towns, Green Tech shall commence production of green hydrogen from geothermal water which will allow us more flexibility in storing the energy.

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