Asia Pacific > Asia > FEATURE: Industrials eager to electrify heat as price impact of Iran war starts to bite

FEATURE: Industrials eager to electrify heat as price impact of Iran war starts to bite

Published 11:01 on May 6, 2026 / Last updated at 11:26 on May 8, 2026 / / Asia Pacific (Asia), EMEA (Europe), Insights (Features), Net Zero Transition (Industrial Decarbonisation, Power/Electrification, Transport & Heating Fuels)

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The surge in gas prices driven by the Iran war has improved the business case for industrial companies seeking to decarbonise their heat processes through electrification, with demand particularly acute in smaller-margin sectors like retail, say experts.
The surge in gas prices driven by the Iran war has improved the business case for industrial companies seeking to decarbonise their heat processes through electrification, with demand particularly acute in smaller-margin sectors like retail, say experts.


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