The heat pump market in the EU
The volume of heat pump sales in Europe has been steadily rising over the last years, growing from one million units sold in 2016 to 1.62 million in 2020. The number of operational heat pumps in Italy reached approximately 18 million units in 2020. In contrast, in Hungary there were only 21,712 units heat pumps in operation.
The environmental impact of heat pumps
A big share of households in major European countries depend on fossil fuel sources for their heating systems. For instance, natural gas and heating oil accounted for about 75 percent of household heating sources in Germany in 2020. Because of this, heating is the biggest contributor to residential CO2 emissions in some of those countries. In fact, around 12 percent of the EU’s greenhouse gas emissions in 2019 came from the residential sector. Transitioning to energy-efficient electric heat pumps has a lot of potential for the reduction of the environmental impact of European buildings.