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Modelling the wider impacts
Modelling the wider impacts of adopting REMeDY solutions
Imperial College London has taken the technical findings of the project and modelled the impacts at a local and national level.
The analysis showed that adopting REMeDY solutions across the country to meet heat needs would provide a route to a lower cost energy system:
- They could reduce the amount of generation and storage needed on a national scale.
- They provide another storage medium and can help make best use of solar panels.
Savings depend on the amount of distributed thermal storage able to be deployed. Thermal storage can be specific thermal stores or fabric upgrades in buildings. The chart above shows the potential if REMeDY was adopted for 20% of heat needs and shows how beneficial it could be where increasing thermal storage in home is technically or financially too difficult. It shows that up to £1bn a year could be saved if REMeDY were to be adopted in areas where improving thermal storage in building fabric proves difficult.
COP - Coefficient of Performance: Heat pumps use less electrical energy than the heat they produce! The ratio between the heat produced and the electrical energy input is the Coefficient of Performance.
D-TES - Distributed Thermal Energy Storage: this can be heat stores or improved building fabric that improves heat retention.