How AI Will Change Your Life - A Futurist's Guide to a Super-Smart World - Patrick Dixon signs books and talks about key messages - the future of AI, how AI will change us all, how to respond now to AI in business, personal life and government

Future of Sales and Marketing in 2030: physical audience of 800 + 300 virtual at hybrid event. Digital marketing / AI, location marketing. How to create MAGIC in new marketing campaigns. Future of Marketing Keynote Speaker

TRUST is the most important thing you sell. Even more TRUE for every business because of AI. How to BUILD TRUST, win market share, retain contracts, gain customers. Future logistics and supply chain management. Futurist Keynote Speaker

Future of Artificial intelligence - discussion on AI opportunities and Artificial Intelligence threats. From AI predictions to Artificial Intelligence control of our world. What is the risk of AI destroying our world? Truth about Artificial Intelligence

How to make virtual keynotes more real and engaging - how I appeared as an "avatar" on stage when I broke my ankle and could not fly to give opening keynote on innovation in aviation for. ZAL event in Hamburg

"I'm doing a new book" - 60 seconds to make you smile. Most people care about making a difference, achieving great things, in a great team but are not interested in growth targets. Over 270,000 views of full leadership keynote for over 4000 executives

Futurist Keynote Speakers - how Futurist Keynotes transform events, change thinking, enlarge vision, sharpen strategic thinking, identify opportunities and risks. Patrick Dixon is one of the world's best known Futurist Keynote Speaker

Futurist Keynote Speaker: Colonies on Mars, space travel and how digital / Artificial Intelligence / AI will help us live decades longer - comment before keynote for 1400 at Avnet Silica event

Future of Travel and Tourism post COVID. Boom for live experiences beyond AI. What hunger for "experience" means for future aviation, airlines, hotels, restaurants, concerts halls, trends in leisure events, theme parks. Travel Industry Keynote Speaker

Quiet Quitters: 50% US workforce wish they were working elsewhere. How engage Quiet Quitters and transform to highly engaged team members. Why AI / Artificial Intelligence is not answer. How to tackle the Great Resignation. Human Resources Keynote Speaker

The Great Resignation. 50% of US workers are Quiet Quitters. They have left in their hearts, don't believe any longer in your strategy. 40% want to leave in 12 months. Connect with PURPOSE to win Quiet Quitters. Human Resources Keynote Speaker

Future of Human Resources. Virtual working, motivating hybrid teams, management, future of motivation and career development. How to develop high performance teams. HR Keynote Speaker

Speed of change often slower than people expect! I have successfully forecast major trends for global companies for over 25 years. Focus on factors driving long term changes, with agile strategies for inevitable disruptive events. Futurist Keynote Speaker

Agile leadership for Better Risk Management. Inflation spike in 2022-3 - what next? Expect more disruptive events, while megatrends will continue relentlessly to shape longer term future globally in relatively predictable ways. Futurist Keynote Speaker

Crazy customers! Changing customer expectations. Why many decisions are irrational. Amusing stories. Lessons for Leadership, Management and Marketing - Futurist Keynote Speaker VIDEO

Chances of 2 people in 70 having same birthday? Managing Risk in Banking and Financial Services. Why the greatest risks are combinations of very unlikely events, which happen far more often than you expect. Keynote speaker on risk management

Compliance is Dead. How to build trust. Reputation of banks and financial services. Compliance Risks. Why 100% compliance with regulations, ESG requirements etc is often not enough to prevent reputational damage

Life's too short to do things you don't believe in! Why passionate belief in the true value of what you are selling or doing is the number one key to success. Secret of all leadership and marketing - keynote for 1100 people in Vilnius October 2021

Future Manufacturing 5.0. Lessons from personal life for all manufacturers - why most manufacturing lags 10-15 years behind client expectations in their day to day life. Manufacturing 4.0 --> Manufacturing 5.0. Future of Manufacturing Keynote

80% of sales are won or lost in 3 seconds, How to grow your business by giving attention to small things that really matter. Future of Marketing, Futuris Keynote Speaker - Pardavimu formule in Vilnius

Heat Pumps - to prevent global warming. Impact on future of the construction industry, net zero carbon emissions in construction, reducing emissions re climate emergency

Futurist Keynote Speaker: Posts, Slides, Videos - Future of Construction Keynote Speaker

Heat pumps are a very important way for business to save up to 50% of their energy, yet most people have never heard of them and they are hardly used.

How do you use heat pumps to warm or cool buildings?

Pump heat or cold from 1-2 metres underground more cheaply than burning gas, coal or oil or using traditional air conditioners.   Use energy from under the soil surface to heat or cool your home, office or factory. 30% of global carbon emissions are heating and cooling buildings.  We can halve fuel bills in many buildings by using heat pump and pipes into the ground.

Most people think that geothermal heat pumps means using hot springs gushing from deep in the earth’s crust, to heat homes or produce electricity.  But such hot springs are rare and drilling down to hot rock is not usually cost-effective.

70% of new homes in Sweden, 45% in New Zealand and 30% in Switzerland are already heated by heat pumps, saving each household up to half normal fuel bills.  UK government is hoping for around 500,000 systems to be installed in 5 years.  We can expect many developed countries to require heat pumps to be used on most new building projects, with new regulations in the next five to ten years.

Payback period for average home:  15-18 years – installation cost adds capital value

How heat pumps work

Replace boilers with heat pumps.  Each has three circuits.  One runs into the hot water tank with a coil to heat the cylinder.  One runs the radiators.  And one is a long pipe coiled a metre deep under the soil in the garden, under the drive, or if not enough space, diving deep down into the ground (more expensive). The pipes underground get very cold, and pipes in home get hot.  If cooling is needed, reverse the pump, heat up underground and cool the building (different system needed, usually with fans and air ducts).

Heat pumps operate like fridge motors.  A fridge gets cold as the compressor sucks heat out of the inner compartment, making the radiator at the back hot at the same time.  If such motors are operated in reverse, a fridge becomes like an oven, with a huge block of ice covering the radiator at the back.

Running costs can be up to half that of heating a building by burning oil. Cooling can also be more efficient, and uses the same system so traditional air conditioning is not needed.

Why heat pumps matter

Here is a way to reduce heating bills at zero cost over the longer term and  help save the world.  While better insulation, better design and more efficient ventilation can all save energy, we can also improve the efficiency of the heating or cooling process itself.  Heat pumps systems are proven, reliable, pay for themselves in a few years in reduced fuel bills and add value to properties.  Heat pumps offer huge benefits and can be installed relatively easily in most new buildings.

Geothermal challenges

Some sites are more suitable than others.  A high rise development built on granite will require expensive pipe drilling to create long enough runs for the underground system.  The cheapest installations are in gardens or fields where a small trench around a meter deep can be run rapidly over a long distance.

Heat pumps mean that building owners stop burning oil or gas on their own premises.  They use more electricity instead.  While the net energy saving is significant, it does place an extra strain on the distribution system and power stations have to work harder.  If hundreds of thousands of properties convert rapidly to heat pumps, it can place a huge extra burden on power companies.  And of course if we want to calculate the exact carbon use of heat pumps, we have to look at how the electricity in that nation is produced in the first place.  In France, 80% of heat pumps are in effect nuclear powered, because that is the proportion of nuclear energy in the country, while in the UK almost all are powered indirectly by gas or coal.

The business opportunity

Expect government regulations to force many new buildings to use heat pumps.  Economies of scale will drive down costs.  Many old buildings will be retrofitted.  A wide range of businesses will benefit such as manufacturers of heat pumps, piping, controls as well as consulting services, installation companies (many specialist niche markets).
The first large heat pump installation company in a nation will be well placed to win economies of scale, media coverage and brand recognition.  Large pump manufacturers will supply global markets.  Local teams are likely to consolidate into national networks of supply and fit services.  In early stages new orders tend to be scattered across a large area and efficient installation and support is hard to provide on national basis.

Size of Market

Expect potential sales of at least £6bn a year in UK alone, £30bn a year across EU.   Assume in the UK alone just half new homes planned over next 20 years have heat pumps (building regulations could require this).  That’s 1 million households or 50,000 a year. Add retrofits of 1% per year of 25m homes – 250,000 a year – and that gives us a market per year of around 300,000 systems a year with average sales value of £20,000.  This works out as a potential UK market of £6bn per year.  Expect rapid growth to get to this annual figure.  New Zealand installations for example have doubled from 22.5% to 45% new builds in 3 years.

Across EU as a whole, we can assume take-up will be less in warmer countries (main need is cooling), with maybe total value of £30bn a year.   Heat pump sales as proportion of total spend could be around £10-15bn.   Global annual heat pump sales per year could be at least a further £15-25bn, depending on government regulations and energy prices.

Many more Global Warming Videos by Futurist Dr Patrick Dixon and Sustainagility book.

Articles and Videos on Global Warming

Here are more resources on this site that you may find helpful.

True Cost of Global Warming
How business will help solve
global warming with green technology
CARBON DIET to save the World

Global Warming - Science Summary

Future of Oil Prices: Middle East, global economy

Roof Gardens Impact on Energy Saving

Biofuels Controversy and Climate Change

Iceland Volcano Eruption - Geothermal Power Potential

Energy Use Consulting - Boom Industry

Smart Power Regulation - Energy Saving

Green Technology Innovation Awards Chaired by Patrick Dixon

Product Exchanges and Climate Change

Wind Turbines and Global Warming

Solar Cell Roofing and Climate Change
Low Energy Streetlights and Global Warming

Polymer Cement - to save 2% global CO2

Carbon Capture - Climate Change Business

Future of Oil Industry
when will oil run out? Kuwait and region
Heat Pumps - to prevent global warming

Cost of
global warming - practical answers
The $40 trillion
climate change business
Impact of Global Warming on Human Life

The Future of the Environment

Green Technologies
innovation will help with climate change
climate change and crazy biofuels policy
innovation will help save world. Sustainable business future
Sustainable business: $40 trillion
green tech boom will help save world
How Green IT saves money and energy, improves image and
environment - keynote
Water Wars Risk?
Futurist Q&A with Patrick Dixon
Global Warming:
green technology will help world
Economic Growth Limits?
Sustainability. FUTURIST Q&A

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Thanks for promoting with Facebook LIKE or Tweet. Really interested to read your views. Post below.

May 07, 2010 - 08:45

Geothermal Heat Pumps causes no pollution at all !

Join the Debate! What are your own views?



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