1 © gdc group 2010 heat solutions. source; house hold budget survey (2004/2005) irish heating...
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![Page 1: 1 © GDC Group 2010 Heat Solutions. Source; House Hold budget survey (2004/2005) Irish Heating Market](https://reader036.vdocument.in/reader036/viewer/2022062619/551995ed55034643068b47d9/html5/thumbnails/1.jpg)
1 © GDC Group 2010
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Heat Solutions
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Source; House Hold budget survey (2004/2005)
Irish Heating Market
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Fuel Costs
• Oil Prices have risen 40% in the last 4 years
• 58% in the last 10 years with a clear pattern of price acceleration emerging.
• It is a similar story for LPG which has seen a rise of 60% over the last 10 years.
• The key opportunity lies in markets where there only oil or LPG as an option.
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Brand leader
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Fuel Costs – Jan 2013
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Oil0
Cost / kWhCost / kWh
Fuel Costs – Jan 2013 – 70% efficient boiler – 300% efficent heat pump
LPG Oil Gas Heat Pump02468
101214161820
Fuel Cost per kWh
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What is a heat pump
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Heat Distribution
• Heat pumps run at the cheapest at the lowest flow temperatures
• Works well with Under - Floor
• But not the only option
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Smartrads
• Range of compact fan assisted radiators
• Ideal for use with Heat Pumps or Condensing Boilers
• Designed for Low Mean Water Temperature
• More Energy Efficient than conventional radiators
• Fast Response with Low Water Volume
• Low Surface Temperature Thermostatic Control with every room zoned
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Smartrad
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Smart energy storage
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• Up to 30% reduction in overall running costs* • *Independently verified by Strathclyde University
Quantum Savings Comparison Profile
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Quantum
LPG Oil Gas Heat Pump Quantum Storage Heating
02468
101214161820
Fuel Cost per kWh
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Storage of electric energy
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Non-WindGeneration
WindGeneration
MW
Share
Non-Wind %
Wind %Time (30 days)
5000
4000
3000
2000
1000
0
100%
75%
50%
25%
0
50% LimitOn grid
Source: Eirgrid24% wind in November 2011
Wind on the Irish grid
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16 © GDC Group 2010
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Quantum – The Future of electric heating