IEA: Heat pump sales surge 40 per cent in Europe to three million units in 2022

clock • 3 min read
Credit: Octopus Energy
Image:

Credit: Octopus Energy

International Energy Agency estimates that heat pump sales doubled worldwide for the second year running in the wake of fossil fuel energy security and cost concerns

Global sales of heat pumps grew by 11 per cent last year, as double-digit growth levels continued for the second year running amid heightened awareness of the costs and risks of relying on fossil fuel...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Author spotlight

Amber Rolt

View profile
More from Amber Rolt

'Doing more harm than good': How the global biofuel industry is still struggling to deliver promised emissions reductions

'Responsible mining can become the default': UN calls for overhaul of energy transition mineral financing

More on Energy

NESO attributes strongest winter electricity margins since Covid pandemic to clean energy growth
Energy

NESO attributes strongest winter electricity margins since Covid pandemic to clean energy growth

Winter Outlook predicts electricity buffer equivalent to 10 per cent of average peak demand, but warns of potentially 'tight' periods

Stuart Stone
Stuart Stone
clock 09 October 2025 • 4 min read
Study: Trump's war on renewables will have only 'marginal impact' on global energy transition
Energy

Study: Trump's war on renewables will have only 'marginal impact' on global energy transition

Energy Transition Outlook from DNV warns White House will delay US emissions reductions, but global shift to clean energy will continue to accelerate

James Murray
James Murray
clock 07 October 2025 • 3 min read
Renewables are set for massive growth by 2030 - but will it be enough?
Energy

Renewables are set for massive growth by 2030 - but will it be enough?

Despite Trump's war on clean power, the International Energy Agency expects global renewables capacity to double over the next five years - but further acceleration is needed to meet global climate goals

Michael Holder
Michael Holder
clock 07 October 2025 • 8 min read