The latest report, published in June 2023, looks at the 2022 market. It finds that heat pump sales grew by 39% in 2022 and the total stock of 20 million heat pumps is avoiding a record 52.5 Megatonnes of CO2 for Europe’s buildings sector–around the annual emissions of Greece.
In the past, we tried to draw attention to heat pump technologies through special events. Today there is rarely a meeting without some heat pump buzz in the room. Such excitement is not surprising. This is a sector which is spreading its wings and starting to soar. Heat pump sales are breaking records, with more than 3 million heat pumps sold in 2022–a year-on-year increase of +38.9%. We see particularly strong relative growth in Belgium, the Czech Republic and Slovakia, followed by Poland.All of these have nearly doubled total heat pump sales in 2022.
The 19.79 million heat pumps now installed in the EU are providing heating and cooling to around 16% of Europe's residential and commercial buildings, replacing around 4 billion cubic metres (bcm) of natural gas.