Heat pump sales collapse leaves new EU Commission with tough task

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🗞️ Driving the news: European heat pump sales fell 6.5% in 2023, putting pressure on the new European Commission to revive the sector, crucial for decarbonization

🔭 The context: The EU's building sector is responsible for a third of energy-related CO2 emissions, largely due to coal and gas heating
• Heat pumps, which use renewable energy, are essential for reducing these emissions

🌍 Why it matters for the planet: A decline in heat pump adoption jeopardizes the EU's ability to meet its climate targets, as they are integral to reducing emissions from home heating

⏭️ What's next: The incoming European Commission must prioritize the release of the Heat Pump Action Plan and address the gas-to-power price ratio to make heat pumps economically viable

💬 One quote: "The first priority for a new Energy Commissioner must be to finally release the Heat Pump Action Plan," says EHPA’s Mélanie Auvray

📈 One stat: In 2023, heat pump sales in the EU amounted to three million units, a 6.5% decrease from 2022

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