Climate Tech Meetup #07 | Industry Heat
Topic: Barriers and opportunities for scaling industrial process heat
Panel and Discussion
Member of the German Bundestag Dr. Nina Scheer (SPD), energy policy spokesperson of the SPD parliamentary group, SPD spokesperson on the Committee for Economic Affairs and Energy; tbc
Ministerial Director Dr. Axel Bree, Head of the Sub-department IIB, Federal Ministry for Economic Affairs and Energy (BMWE);
Fabian Sacharowitz, CEO, ecop Technologies GmbH
Susanne König, Co-Founder & CEA, Kraftblock
Dr. Axel Dickenbrok, Investment Director / CEO DACH, InnoEnergy
Agenda
14:00 Doors open
14:30 Welcome & keynotes
15:00 Panel discussion and discussion with the audience
16:00 Networking & snacks
17:00 End of event
What electric process heat needs in terms of investment decisions and financing, and how policy decisions can effectively support market ramp-up.
The electrification of industrial process heat is technically ready in many places: up to 56% of Europe's fossil industrial heat demand can already be electrified with today's technologies. Whether a company invests comes down to two questions: Does the plant pay off over its lifetime, and can financing be found for it? Both depend on how predictable operating costs are. Anyone planning a plant today cannot reliably calculate electricity and grid costs for the next ten to twenty years, and banks find it difficult to lend on that basis. Uncertainty reinforces the trend of rising capital costs, lowers profitability, and weakens the internal business case.
The discussion therefore asks from the perspective of companies and their capital providers: What is needed to make electric process heat financeable, and which measures work without putting heavy strain on the public budget? Founders and plant operators share concrete experience from their projects and investment decisions.
The event is aimed at a professional audience from the energy sector and industry, as well as finance experts, founders, and plant operators of the Community of Practice for Industry Heat who share concrete investment and financing decisions from practice. Representatives of associations, think tanks, and individual members of the media will also attend. The aim is mutual understanding and sharing concrete proposals.