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    Home»Weather»Heat pump sales plummet nearly 50% across Europe – will watts follow suit?
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    Heat pump sales plummet nearly 50% across Europe – will watts follow suit?

    cne4hBy cne4hSeptember 28, 2024No Comments2 Mins Read
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    From the Daily Skeptic

    by Will Jones

    European heat pump sales plummeted 47% in the first half of the year as the number of households switching to gas boilers decreased. this telegraph There is more.

    The European Heat Pump Association said that only 765,000 heat pumps were sold in 13 European countries in 2024, accounting for 80% of the market share.

    During the same period in 2023, 1.44 million heat pumps were sold in countries such as France, Italy, Germany and Sweden.

    This means heat pump sales may fall below 1.5 million units in 2024, the lowest level since 2019.

    Sales were hit by a sharp drop in natural gas prices, wavering government subsidies and a cost-of-living crisis that followed Putin's illegal incursion into Ukraine in 2022.

    After the war began, the EU set a target of installing at least 10 million heat pumps by 2027 as part of efforts to reduce dependence on Russian gas, but the subsequent sales boom has now ended.

    According to reports, the British government plans to introduce heat pump targets in the UK next year, which will impose a “boiler tax” on households.

    Homeowners in countries such as Germany are resisting government pushes to install more green technologies because they are expensive to install during a cost-of-living crisis.

    Olaf Scholz's much-criticized coalition has watered down proposals to make heat pumps mandatory from 2024 in the face of public outrage.

    Worth reading in full.

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