Heat pump market heats up with 67 per cent sales surge in 2024

clock • 3 min read
Credit: iStock
Image:

Credit: iStock

Latest figures on government's Boiler Upgrade Scheme (BUS) confirm a sharp increase in grant applications last year, but industry figures suggest more needs to be done to promote heat pump uptake

The government received a record 33,593 applications for heat pump grants through its Boiler Upgrade Scheme (BUS) in 2024, marking a 67 per cent increase on the previous year as the green heating market...

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

More on Energy

'A huge opportunity for Britain': Octopus Energy inks landmark deal to enter Chinese market

'A huge opportunity for Britain': Octopus Energy inks landmark deal to enter Chinese market

UK's largest energy supplier announces major new joint venture during Prime Minister Keir Starmer's visit to China, as BYD, Omoda, and Jaecoo all commit to strengthening presence in UK market

Stuart Stone
clock 30 January 2026 • 8 min read
European PPA market slows, as flexibility services market surges

European PPA market slows, as flexibility services market surges

New analysis of corporate power purchase agreement market reveals how growing dominance of renewables and price volatility is reshaping market

James Murray
clock 29 January 2026 • 3 min read
Why industrial and commercial businesses can't afford to delay traceable clean power

Why industrial and commercial businesses can't afford to delay traceable clean power

The REGO bubble hasn't 'burst' so much as the bar has been raised, argues Evolve Energy's Hazel Cockerill

Hazel Cockerill, Evolve Energy
clock 28 January 2026 • 5 min read