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Partnership to Expand Heat-as-a-Service Model in Nordic Region

Partnership to Expand Heat-as-a-Service Model in Nordic Region

Kyoto Group Partners with Hebsgaard | Larsen for Heat-as-a-Service

Kyoto Group is thrilled to announce a strategic partnership with Danish consultancy Hebsgaard | Larsen. This collaboration aims to significantly speed up the adoption of Kyoto Group's innovative heating solution, the Heatcube, particularly in Denmark. This environmentally friendly approach offers fully electrified heat at a competitive price while eliminating the need for upfront investments.

Many industrial companies in Denmark are actively seeking alternatives to phase out their natural gas boilers. This shift is not just a trend, but a response to a mix of regulatory pressures, financial incentives, and evolving customer preferences. According to Tim de Haas, Chief Commercial Officer at Kyoto Group, "Our solution allows industries to decarbonize their heat processes without incurring heavy capital costs or facing substantial operational changes. Partnering with Hebsgaard | Larsen leverages their strong local presence and expertise, making it easier for us to spread the word to potential clients."

The Heatcube technology stands out by delivering stable and high-volume fully electrified heat for various industrial applications. With its use of thermal energy storage, Heatcube not only helps in reducing the costs associated with process heating but also minimizes carbon dioxide emissions. This technology acts as a safeguard against the unpredictability of energy prices, allowing industries to plan their expenditures more effectively.

Jakob Hebsgaard, the Managing Partner at Hebsgaard | Larsen, expressed great enthusiasm about this collaboration, stating, "Our experience in identifying the green potential within organizations is crucial as industries transition towards sustainable options. Thermal Energy Storage (TES) is becoming increasingly relevant, and we believe that introducing Heatcube will inspire many potential customers to consider this transformative technology in their operations."

As part of the collaboration, Hebsgaard | Larsen will be instrumental in promoting the Heatcube, identifying various business opportunities, and assisting in sales processes. This partnership is a key component of Kyoto Group's ongoing strategy to expedite the acceptance of the Heat-as-a-Service (HaaS) model in Denmark, further emphasizing its commitment to delivering affordable electrified heating solutions.

Kyoto Group has already established a presence in Denmark, with its first full-scale commercial project utilizing the HaaS model launched at Norbis Park. This state-of-the-art facility, a large combined heat and power (CHP) plant, began operations recently, setting a benchmark for Kyoto’s innovative approach to sustainable heat production.

For more information:
Tim de Haas
Chief Commercial Officer, Kyoto Group
+47 916 30 129

Jakob Hebsgaard
Managing Partner, Hebsgaard | Larsen
+45 40 30 42 35

About Kyoto Group

Kyoto Group is at the forefront of the thermal battery industry, dedicated to the decarbonization of industrial heat production through its cutting-edge solution, Heatcube. Traditionally, industrial heat generation contributes to a significant portion of carbon emissions globally. However, through the implementation of Heatcube, industries can transition to cleaner energy sources and drastically reduce their environmental impact.

Heatcube is designed as a sustainable, cost-efficient plug-and-play solution that captures and stores renewable energy. This stored energy is converted to heat for industrial purposes, effectively generating steam without relying on fossil fuels. Kyoto Group aspires to enable industries worldwide to shift towards renewable thermal energy, significantly contributing to a sustainable future.

Founded in 2016, Kyoto Group has established offices in Oslo and Seville, with operations extending to Denmark. Their principal investor, Glentra, a prominent Danish energy fund, supports initiatives aimed at advancing the green transition through innovative technologies focused on decarbonization and energy efficiency.

About Hebsgaard | Larsen

Hebsgaard | Larsen operates as a specialized advisory firm that focuses on guiding industries through a green transition. They excel in facilitating industrial symbiosis and understanding the interconnections between industry and energy frameworks.

With a commitment to identify and conceptualize ventures that combine multiple stakeholders, they assist companies, municipalities, and energy stakeholders in both national and international contexts. The expert team, comprised of Anders Bøje Larsen and Jakob Hebsgaard, brings a wealth of experience in techno-commercial strategy and overseeing complex projects.

Frequently Asked Questions

What is the purpose of the partnership between Kyoto Group and Hebsgaard | Larsen?

The partnership aims to accelerate the adoption of Kyoto Group's Heatcube technology in Denmark, promoting an eco-friendly heating solution for industries.

How does the Heatcube technology work?

Heatcube leverages thermal energy storage to provide stable, fully electrified heat for industrial applications, reducing costs and carbon emissions.

Why are companies in Denmark moving away from natural gas boilers?

Companies are motivated by regulations, financial incentives, and changing customer preferences towards more sustainable heating solutions.

What benefits does Heat-as-a-Service offer?

Heat-as-a-Service provides affordable electrified heat without upfront investments, making it easier for industries to switch to renewable energy sources.

What is Kyoto Group's mission?

Kyoto Group aims to empower industries to utilize renewable thermal energy, significantly aiding in the global push for sustainability.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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