Heat pump market study after MCE 2022

The development of heat pumps market  in Europe will be gigantic in the coming years and will be due to the following reasons:

1. E.U.  voted this year some laws for the Reduction of carbon emissions from fuels.
2. E.U.  prohibits the use of oil burners in 2026 for domestic heating
3. Independence from Russia's natural gas for political reasons (Europe imports its natural gas mainly from Russia)
4. E.U.  imposes the energy shift on renewable energy sources, photovoltaic and thermal systems.  
5. "Clean" electricity will be the main source of energy in Europe

6. the member states of the E.U. they reward the change of fuel use for heating favoring the use of pumps

European Heat Pump Organization: www.ehpa.org

https://www.ehpa.org/about/news/article/repowereu-heat-pump-strategy-required-to-help-sector-deliver/

REPowerEU: heat pump strategy required to help sector deliver The European Commission’s REPowerEU plan, builds on the ambitious heat pump targets it set out in March. Those targets require around 20 million heat pumps to be installed in the EU by 2026 and 

nearly 60 million by 2030. Expanding the use of heat pumps is crucial for reducing use of gas in heating and cooling for homes,

buildings and industry. In REPowerEU, the European Commission sets a target of doubling the deployment rate and refers to ramping up equipment production and facilitating access to finance. In its accompanying ‘EU Save Energy’ Communication the Commission proposes a range of measures to accelerate and incentivise the roll-out of heat pumps, such as tougher energy efficiency requirements on buildings, 

which should see an end to ‘standalone’ fuel boilers by 2029. Yet REPowerEU does not set out any kind of overall strategy or propose an EU Heat Pump industry accelerator to bring these elements together and help the sector deliver on the targets.