What are the barriers and solutions for financing heat pumps?

Heat pumps are an efficient, renewable replacement for fossil fuel-based boilers. Not only do they heat and provide hot water, they can also offer cooling for those hot summer days and nights. So why aren’t all consumers switching over? One of the reasons is cost. While heat pumps cost more than a gas boiler up […]

Read More

European heat pump sales down 5% in 2023

Recent data released by the European Heat Pump Association (EHPA) on heat pump sales in 14 European countries shows an overall fall of around 5% in 2023 compared to 2022 figures. This reverses the trend of previous years, where combined sales increased annually. The dropping sales come as the EU’s Heat Pump Action Plan, due […]

Read More

European heat pump rollout set to “turbocharge” with over 45 million set to be installed by 2030.

The European Heat Pump Association’s latest market report showcases the positive impact heat pumps are having across Europe to mitigate emissions and grow European economies.  Across Europe, rapid heat pump rollout has meant the 19.75 million systems installed across the continent has avoided 52.3Mt CO2e emissions per year, roughly the entire annual emissions of Greece. […]

Read More