Falling sales = failing sector? How to put Europe’s Heat Pump leadership back on track
After ten years of growth, heat ppump sales fell last year. At this level, Europe will fall short of its 60 million heat pump ambition for 2030. This would be a missed opportunity to build clean tech leadership and contribute to a net zero economy. How can we get the market back on track?
Topic
Applications & Education & Regulations
When & Where
Details
Format:
Lecture
Language:
English
Session description
€7 billion in investments, 250 manufacturing sites, 170,000 direct jobs: the heat pump sector is a key net zero industry for Europe. But just as the importance of clean tech competitiveness grows, heat pump sales have fallen for the first time in ten years. In 2023, sales dropped 6.7 % in 21 European countries, to just over 3 million.
If sales continue at this rate, only around 45 million heat pumps would be installed by 2030 – about 25 % short of the EU’s aims of 60 million heat pumps, according to its 2040 climate plans**.
Falling short of the 2030 aims would mean the EU misses out on potential investments and jobs. It would also be a missed opportunity to avoid annual emissions of 3.4 Mt of CO2 a year by 2030, equivalent to tho ...
If sales continue at this rate, only around 45 million heat pumps would be installed by 2030 – about 25 % short of the EU’s aims of 60 million heat pumps, according to its 2040 climate plans**.
Falling short of the 2030 aims would mean the EU misses out on potential investments and jobs. It would also be a missed opportunity to avoid annual emissions of 3.4 Mt of CO2 a year by 2030, equivalent to tho ...
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Speaker
Mélanie Auvray
Policy Manager