The European Commission’s proposed post-2027 budget (the EU ‘Multi-annual Financial Framework’ or ‘MFF’) contains important aspects for the heat pump sector.
The beefing up of support for electricity infrastructure via the Connecting Europe Facility is significant, as electrification is key to decarbonisation, including of buildings and industry via heat pumps.
Equally, the focus on supporting clean tech and decarbonisation projects via the future competitiveness fund is a very good step. The heat pump sector has over 300 manufacturing sites in Europe and provides over 430,000 jobs already today and this can certainly increase.
The 35% investment target for climate and biodiversity means renewable energy and energy efficiency measures will continue to be supported. In EHPA’s view, this should be complemented by a continued LIFE funding programme for climate and environment projects.
During the forthcoming negotiations, the EU must ensure these features are maintained and ideally, strengthened. Doing so will help the European heat pump sector to deliver the benefits it offers in terms of energy security, net zero industry leadership and decarbonisation.
