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Heating Homes Sustainably: The Future of Renewable Thermal Energy

The United Nations Environment Programme (UNEP) estimates that the building sector is responsible for 37% of energy-related CO2 emissions. Transitioning to sustainable heating solutions is crucial to reduce emissions from buildings and combat climate change. Together, we hold the power to reshape the way we heat our homes, not only mitigating the environmental impact of the building sector but also forging a path toward a more sustainable and greener future for all.



Traditional Heating Methods and Their Carbon Footprint

Most buildings today are heated by burning fossil fuels like natural gas and heating oil. For example, about two-thirds of UK households use mains gas for heating. The Department for Business, Energy and Industrial Strategy (BEIS) found that 78% of households in the UK used mains gas central heating in Winter 2021. The carbon dioxide released from burning these fuels is a major contributor to global warming. Switching to renewable heating alternatives can dramatically reduce emissions from buildings. Research conducted by the Carbon Trust found that heat pumps could deliver CO2 savings of up to 70% compared to conventional electric heating, and up to 65% compared to an A-rated gas boiler.




Sustainable Heating Solutions


Harnessing Renewable Energy Sources

One of the most promising solutions for sustainable heating involves tapping into renewable energy sources. Solar panels, wind turbines, and geothermal systems have the capacity to generate both heat and electricity while inflicting minimal harm on the environment. For instance, solar thermal systems capture sunlight to heat water or air, which can then be utilised for space heating or hot water purposes. By adopting such systems, we can substantially diminish our reliance on fossil fuels and experience long-term reductions in energy expenses.


Solar thermal system capacity is projected to grow by over 55% worldwide between 2020 and 2027.



Embracing Heat Pumps

Heat pumps stand as energy-efficient devices designed to transfer heat from the surrounding environment to heat indoor spaces. These devices come in two primary types: air-source heat pumps that extract heat from the air, and ground-source (geothermal) heat pumps that leverage the earth’s stable temperature. The versatility of heat pumps extends to both heating and cooling functions, making them a multifaceted and eco-friendly choice.


The global geothermal heat pump market is expected to reach $6.8 billion by 2027.



Biomass Heating

Biomass heating systems rely on organic materials such as wood, agricultural residues, or even algae to generate heat. While burning biomass does release CO2, it is considered carbon-neutral when managed sustainably. By sourcing biomass locally and utilising advanced combustion technologies, we can significantly curtail emissions while maintaining an environmentally friendly approach.


Biomethane could provide up to 25% of global building heat demand by 2050.



The Rise of District Heating

District heating networks are rapidly gaining popularity in urban settings. These systems capitalise on a central heat source, frequently a combined heat and power (CHP) plant or a renewable energy source, to supply heat to multiple buildings via an interconnected network of insulated pipes. This approach significantly minimises energy wastage and can efficiently utilise waste heat generated from industrial processes.


Energy-Efficient Building Design

Enhancing the energy efficiency of buildings stands as a crucial element of sustainable heating. Well-insulated homes, energy-efficient windows, and smart thermostats collectively contribute to substantial reductions in heat loss and energy consumption. Passive house design principles take this concept to the next level, creating structures that require minimal heating or cooling, ultimately aligning with our sustainability goals.


Challenges and Considerations

While sustainable heating solutions offer numerous advantages, their widespread adoption faces several challenges. These include the initial cost of installation, the need for supportive policies and incentives, and the importance of educating consumers about these technologies. Overcoming these hurdles requires collaborative efforts to create an environment favourable to the widespread adoption of sustainable heating solutions, involving strategic investments, policy support, and educational initiatives to foster awareness and facilitate a transition to more sustainable heating practices.


Looking Ahead

Transitioning to renewable heating technologies is crucial, but it’s also important to rethink our overall approach to thermal energy in buildings. Simply replacing fossil fuel systems with renewable alternatives may not be enough. We need to fundamentally reassess energy use – from building design to consumer behaviour to energy policy. Fostering consumer awareness and incentives around energy savings is key. Governments implementing comprehensive thermal decarbonisation policies can drive systemic change. Renewable heating is part of the solution, but fully achieving sustainable, low-carbon buildings requires a holistic reimagining of our relationship with energy.

Renewable technologies like solar thermal, geothermal, biogas and green hydrogen have huge potential as climate-friendly alternatives to fossil fuel heating. As a leading developer of renewable projects, Hyphen is helping drive the adoption of these technologies. By embracing renewable heating, we can create a carbon-neutral built environment and a greener future.

Murat Tekin

Senior Project Engineer

Murat is a PMP Certified Project Management Professional with significant demonstrated history on turn key EPC power plant construction projects. He has completed around 4300 MW of power plant constructions as well as HV transmission lines and substations.

At Hyphen, Murat is responsible on coordination of engineering works and execution of EPC projects.

Murat has masters degree in Mechanical Engineering from the Middle East Technical University, Turkey.

Dean Federman


Dean joined Hyphen in 2022 and is mainly involved with the renewables team. 

Prior to joining Hyphen, Dean established and operated the analytics function for a Fintech start-up, after doing high-impact data analysis in the gaming industry, focusing on optimizing critical business flows. 

Dean has a Bachelor of Science in Investment and Financial Risk Management from Bayes Business School.

Mirko Leo


Mirko has been involved with the RB Group since 2017, at the beginning as advisor in the acquisition of Portosole Marina and then as CFO of the company. Prior to this, Mirko worked as CFO in Invensys Plc (now Schneider Electric) and Foxboro Scada S.p.A, and as CRO in various Italian companies.
Since 2021, he has been involved in the establishment and launch of Hyphen dealing with the development and operation of renewable energy plants.

At Hyphen, Mirko is the man-on-the-ground, handling the company’s operations, accounting and budgeting.

He has a degree in Business Administration from Bocconi University in Milan and is qualified chartered accountant.

Davide Sommariva


Davide previously worked at Aletti Bank, he left his position and founded Renergetica in 2008. Since inception it has created, managed and operated PV projects globally. In 2018 Renergetica was listed on the Italian Stock Market as PV international developer. In 2020 they issued a €12 million bond fully underwritten to finance its 1GWp global pipeline development.

Amadeus Davoudi

Investor Relations

Amadeus has been involved in brokerage, fund distribution and private investments for over 25 years. He founded several fund solutions and distribution companies, where he focused on representing a select number of tailor-made investment solutions for institutional investors.

He was previously the global head of sales for Pictet, the largest Swiss privately owned bank, before which he was head of sales and distribution for other major banks such as, JP Morgan and Credit Suisse.

At Hyphen, Amadintroduces potential investors to Hyphen and handles 3rdparty funding.

Roberto Orsini


Roberto has been working as an advisor in various acquisitions, primarily in Italy. Since 2021, he has been involved in the establishment and launch of an Hyphen dealing with the development and operation of renewable energy plants. 

Roberto has held CEO positions of several Italian and International companies, including Portosole, the marina in Sanremo, Italy. Roberto started his career in Arthur Andersen, in the United States.

Jad Aridi


Jad joined the RB Group in 2021 with a particular focus on energy and renewables among many others. Prior to this, Jad worked as COO for start-up based in Beirut and as a Project Manager for Agora Group in Dubai, working to connect global companies with MENA investors/buyers.

At Hyphen, Jad provides support for various aspects of the business.

Jad attained a Bachelor of Psychology from the American University of Beirut in 2019.

Alex Chirdaris


Alex Chirdaris joined RB in 2015 and has been with the Hyphen Trading platform since inception, with a focus on trading and deal origination. Prior to joining RB, Alex worked in the value investments team at Dromeus Capital as well as at the investment bank Axia Ventures Group. 

Alex handles financial analysis and project feasibility at Hyphen. 

Alex has a degree in Economics from the University of Bristol and a masters in Finance from Imperial College London.

Uryia Dolev

Head of Business Development

Uryia is a renewable energy and power executive, with over 15 years of experience in leading global power companies. Uryia has developed and invested in power projects across a wide range of technologies, working for both large and mid-sized global IPPs like IC Power, NexifEnergy and SBE.

Uryia has a strong track record in origination, development, finance, management and M&A of power projects across South and South East Asia, USA, Europe, and the Middle East.

At Hyphen, Uryia oversees project investments and handles scaling Hyphen’s portfolio and project selection. 

Mehmet Saydam

Managing Partner

Mehmet has covered the Natural Resources Commodities in Emerging Markets for over 20 years at institutions like Deutsche Bank, and Goldman Sachs. During this period, he led major market leading deals in oil and gas as well as metals and mining some of which he captained during the Global Financial Crisis despite all the headwinds.

Mehmet Joined Reuben Brothers in 2012 to head a distressed and Special Situations team. There, he built an important portfolio that ranged from shipping, logistics to agriculture and commodity trading, and from high end hotels to marinas.

He span off from RB at the beginning of 2022 to set Hyphen Renewables, a Renewable Development business that focuses first to the construction of Solar Farms in Italy and will later expand to Storage and Wind as well as other developed markets to position itself as a player in the Energy Transition.