Heaten was sold in 2024 to Luxembourg-based AI Alpine.
Promoting Industrial Decarbonization
Heaten has developed a heat pump technology that both helps convert waste heat from being a waste product into a positive energy resource and ensures that fossil-fueled heat supply is replaced. Currently, a very large proportion of heat production in industry is based on fossil energy. Heaten’s technology contributes to the electrification of heat supply for heavy industrial sectors globally and has enormous potential to reduce greenhouse gas emissions in parts of the industrial sector where there are few good alternatives. By achieving a large-scale rollout of this type of heat pump based on cleaner energy sources, greenhouse gas emissions will decrease, and industry will become cleaner. This will make a significant difference for the environment.
Heat Accounts for Half of Global Energy Consumption
According to the International Energy Agency (IEA), heat is the largest end-use of energy, accounting for approximately 50% of total global energy consumption. Half of this heat is then used in industrial processes where fossil fuels dominate as the energy source for heating. Electrification using heat pump technology will provide more efficient and climate-friendly heat production. By investing in Heaten, Nysnø contributes to promoting the decarbonization of the industrial sector.