Competitiveness of the heat pump sector in Europe

24 Jul 2024

Nearly half of the European Union’s (EU) energy consumption is used for heating and cooling. Of this, over 70% is still from fossil fuels, which are mainly imported. Heat pumps are a clean and cost-efficient alternative for heating, cooling, and producing hot water, significantly reducing energy use and emissions compared to traditional heating systems and avoiding energy imports.

Recognised as a key cleantech industry in the European Commission’s Net-Zero Industry Act (NZIA), heat pumps not only contribute to climate and energy targets but also increase Europe’s economic resilience and competitiveness. To unlock their full potential, EU policymakers must prioritise the development of supportive policies and financial frameworks.

Read and download the full report:

Related articles

What is the latest in electrification technologies? How about demo projects? What’s going on in the worl...
11 Apr 2025
Heat pumps for industry, homes and businesses are critical for Europe’s energy security and competitiven...
07 Apr 2025
Renewables provided nearly half of Europe’s electricity in 2024 and are growing faster than any other energy s...
03 Apr 2025
From policy to projects, media to marketing, what did the European Heat Pump Association accomplish in 2024? I...
01 Apr 2025