APRIL 20248MANUFACTURING TECHNOLOGY INSIGHTSIN MY OPINIONBy Giacomo Fiocchi, Senior Director of Electronics, Research and Innovation, Ariston Group [BIT: ARIS]More than 60% of the current energy consumption for heating globally is based on fossil fuels like gas, oil, and coal. Heat pumps powered by low-emissions electricity, are the central technology in the global transition to secure sustainable heating. The heat pump market has been growing strongly in recent years, due to falling costs and strong incentives. Global heat pump sales rose by nearly 15 percent in 2021, double the average of the past decade, led by the European Union where they rose by around 35 percent. Several initiatives from the European Union, like `RE Power EU', will accelerate the transition from traditional fossil fuels to renewable energy-based heating systems like heat pumps. Europe is expected to add more than 43 million heat pumps to the current 20 million installations by 2030, heating half of its buildings with renewable energy. The total heat pump stock will reach nearly 60 million units, significantly contributing to cleaner air and grid stability. This is what new forecasts from the European Heat Pump Association (EHPA), based on aggregated data collected by EHPA's national member associations in 21 European countries, reveal. Based on recent sales figures, by HEATING HEAT PUMP:NEW CHALLENGES AND OPPORTUNITIES FOR SEMICONDUCTORSGiacomo FiocchiIn an increasingly connected world where digital transformation has already reached the automotive, agriculture and all the industrial sectors, electrical and electronic technologies are growing exponentially. Giacomos career has been always focused on making this vision a reality, trying to combine the Automotive experiences with those of the other industrial sectors then enhancing the technical and economic aspects with managerial roles. He studied electronic and telecommunication engineering at the University of Ferrara and he obtained an Executive MBA at the CUOA Business School. He started his career as Electronic Engine Control Engineer at Automobili Lamborghini moving then to Agco as Electrical/electronic Team Leader and later on to Ferrari as Head of ADAS and sensors. From 2018 to 2022 he worked as ePower Systems Director with Carraro Group and today hes Senior Director of Electronics for the Ariston group.
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