20 September 2011

GLOBAL PERSPECTIVES ON GSHP TECHNOLOGY, MARKETS AND APPLICATIONS: A BRIGHT FUTURE FOR A FLEXIBLE TECHNOLOGY


The future of the world ground source heat pump industry will depend on a
number of key factors including technology improvements, market competitiveness as well as market penetration in new applications. Technology integration, a too often overlooked element, may also play a potentially vital role in the speed at which the technology will grow in different applications. GSHP technology is a mature technology and has been mature for decades. Yet, in most countries, the technology cycles through ups and downs since its widespread adoption by the markets in the late 1970s early 1980s. This paper takes a global perspective on the GSHP, and attempts to identify some key components of a long term vision for industry stakeholders in IEA member country national markets.