Market Share of Europe District Heating Industry
The European district heating market is Semiconsloidated, with the presence of major players like Vattenfall AB, Danfoss AS, Engie SA, Statkraft AS, and Logstor AS. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In September 2022, The German government announced the EUR 3 billion (USD 3.20 billion) subsidy scheme until 2026 that would sustain the construction of district heating grids that use at least 75 percent renewable energy.
In April 2023, TU Dublin, in collaboration with South Dublin County Council (SDCC) with the assistance of the Dublin energy agency, Codema, announced that it would be part of Ireland's first low-carbon sourced district heating system, with its Tallaght campus part of an innovative, low-carbon initiative. The not-for-profit Heatworks district heating network will initially provide heat to 32,800 sq mts of local public buildings at TU Dublin and SDCC, expanding to heat 133 affordable apartments in 2025.
Europe District Heating Market Leaders
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Vattenfall AB
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Danfoss A/S
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Energie SA
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Statkraft AS
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LOGSTOR Denmark Holding ApS
*Disclaimer: Major Players sorted in no particular order
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