For hybrid photovoltaic-thermal collectors to become competitive with other types of solar energy converters, they must offer high performance at fluid outlet temperatures above 60 °C, as is required for space heating and domestic hot water provision, which together account for nearly 50% of heat demand. A roadmap is presented of the technological advances required to achieve this goal. Strategies for reducing convective, radiative and electrical losses at elevated temperature are discussed, and an experimental characterisation of a novel transparent low-emissivity coating for photovoltaic solar cells is presented. An experimentally-validated simulation formalism is used to project the performance of different combinations of loss-reduction strategies implemented together. Finally, a techno-economic analysis is performed to predict the price points at which the hybrid technologies along the roadmap become competitive with non-hybrid photovoltaic and solar thermal technologies. The most advanced hybrid technology along the roadmap employs an evacuated cavity, a transparent low-emissivity coating, and silicon heterojunction photovoltaic cells.