European heat pump energy storage scale ranking

How many heat pumps will Europe have in 2022?

Sales dropped to 3.02 million. There are now 23.96 million heat pumps installed in Europe’s buildings – a 13.7% rise on 2022’s total. If annual sales remain at this level, around 45 million heat pumps would be installed by 2030 – about 25% short of the EU’s aims. The EU would miss out on potential investments and net zero industry growth.

How many heat pumps are there in Europe?

7CLIMATE AND HEALTH IMPACTSThere are currently around 20 million heat pumps in Europe, which together avoid 54 million tonnes of CO2 — roughly equivalent to th annual emissions of Greece8. While the number of installed heat pumps in the EU is growing rapidly, their uptake is not fast enough to

What is the market share of heat pumps in Europe?

In Europe, they have a market share in new single-family houses of 50% on average. There are heat pumps and hybrid solutions available for any type of building – including existing buildings that are not well insulated – or market: heat pumps can be electric, thermally driven, or be combined with a boiler (hybrid heaters).

What would a fast heat pump roll-out mean for Europe?

rope’s energy independence. A fast heat pump roll-out would mean installing 0 million heat pumps by 2030. This would make Europe less dependent on foreign energy imports by reducing the EU’s gas demand in buildings by 40% by 2030 compared to 2022 and allowing the EU to reduce its energy import bill by €60

Are hydronic heat pumps needed in Europe?

As Europe strives to meet the EU climate goals for 2030 and install 30 million hydronic heat pumps in European homes by 2030 (‘REPow-erEU’), a critical challenge surfaces: the urgent need for skilled installers of such modern technologies.

How has the heat pump industry changed over the past decade?

The heat pump sector in Europe has experienced robust growth over the past decade, marked by continuous double-digit expansion. In 2022 alone, sales numbers surged by 38%, with over 3 million units sold- of which roughly 1.2 million air/water and 1.5 million air/air units.