Clean Energy Technology Observatory: Heat Pumps in the European Union – 2022 Status Report on Technology Development, Trends, Value Chains and Markets
There were almost 17 million heat pumps installed in Europe by the end of 2021. REPowerEU envisages a doubling of the pace of deployment, to install hydronic heat pumps in an additional 10 million buildings in the next five years, and 30 million by 2030.
The average annual sales growth in Europe between 2019 and 2021 would achieve that target. However, there are a number of barriers that might slow the rate of growth, such as availability of installers, and volatility in metals prices and semiconductors supply.
The EU is a recognised technology leader, especially in ground-source heat pumps and larger heat pumps for the commercial and district heating and cooling segments. This is also reflected in patenting trends, scientific publications, and public RD&I funding.
The EU heat pumps sector is well positioned to benefit from increasing deployment, and from market trends such as the reduction of environmental impacts through regulations on ecodesign and F-gases. However, in 2020, the EU trade balance turned from a surplus to a deficit for the first time. By 2021, the deficit had grown to EUR 390 million, from a surplus of EUR 202 million five years previously.
Rapid deployment will require increased EU manufacturing of heat pumps and components. Significant investments are already being made, totalling at least EUR 3.3 billion to 2025. Trends in turnover and employment are positive as well, with 318 800 direct and indirect jobs in 2020.
LYONS Lorcan;
GEORGAKAKI Aliki;
KUOKKANEN Anna;
LETOUT Simon;
MOUNTRAKI Aikaterini;
INCE Ela;
SHTJEFNI Drilona;
JOANNY ORDONEZ Geraldine;
EULAERTS Olivier;
GRABOWSKA Marcelina;
2022-11-15
Publications Office of the European Union
JRC130874
978-92-76-58572-5 (online),
1831-9424 (online),
EUR 31268 EN,
OP KJ-NA-31-268-EN-N (online),
https://publications.jrc.ec.europa.eu/repository/handle/JRC130874,
10.2760/372872 (online),
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