IEA: Heat pump sales reached record highs in 2022, with Europe leading the way

(edie.net, 3 Apr 2023) Global sales of heat pumps increased by 11% year-on-year in 2022, with a steeper increase of 40% recorded across EU member states.

That is according to a new briefing from the International Energy Agency (IEA), published as part of its ongoing stocktake of the global energy transition in the run-up to the next UN climate conference in Dubai this winter.

The briefing confirms that, for the second year running, heat pump sales witnessed unprecedented double-digit growth.

The uptick in sales was found to be strongest in the EU, largely due to the bloc’s RePowerEU Plan, tabled to end Russian oil and gas imports by the late 2020s. RePowerEU includes a target for 20 million heat pumps to be installed across the bloc by 2026, then a further 30 million by 2030. Meeting these targets would require deployment rates to at least double.

RePowerEU also details plans to end the installation of building heating systems not capable of using a minimum of 65% of renewable energy from January 2026.

By the IEA’s estimations, EU nations ordered 49% more air-to-water heat pumps in 2022 than 2021, and 19% more air-to-air heat pumps. Almost half of all sales in Europe were attributable to France, Germany and Italy. Indeed, heat pump sales surpassed fossil fuel boiler sales in France for the first time in 2022.

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edie.net, 3 Apr 2023: IEA: Heat pump sales reached record highs in 2022, with Europe leading the way