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Heat Solutions. Irish Heating Market. Source; House Hold budget survey (2004/2005). Fuel Costs. Oil Prices have risen 40% in the last 4 years 58 % in the last 10 years with a clear pattern of price acceleration emerging.
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Irish Heating Market Source; House Hold budget survey (2004/2005)
Fuel Costs • Oil Prices have risen 40% in the last 4 years • 58% in the last 10 years with a clear pattern of price acceleration emerging. • It is a similar story for LPG which has seen a rise of 60% over the last 10 years. • The key opportunity lies in markets where there only oil or LPG as an option.
Fuel Costs – Jan 2013 – 70% efficient boiler – 300% efficent heat pump
Heat Distribution • Heat pumps run at the cheapest at the lowest flow temperatures • Works well with Under - Floor • But not the only option
Smartrads • Range of compact fan assisted radiators • Ideal for use with Heat Pumps or Condensing Boilers • Designed for Low Mean Water Temperature • More Energy Efficient than conventional radiators • Fast Response with Low Water Volume • Low Surface Temperature Thermostatic Control with every room zoned
Quantum Savings Comparison Profile • Up to 30% reduction in overall running costs* • *Independently verified by Strathclyde University
Wind on the Irish grid 5000 4000 3000 2000 1000 0 MW Non-Wind Generation Wind Generation 100% 50% Limit On grid Share 75% 50% Non-Wind % 25% Wind % 0 Time (30 days) 24% wind in November 2011 Source: Eirgrid