Environmentally friendly heat pumps hit slump in Europe, says lobby group

Sales fell 5% over 14 countries for which data exists, according to the European Heat Pump AssociationEurope's heat pump market has hit a slump, industry data shows, holding up the continent's efforts to heat its homes without polluting the planet.Manufacturers in most markets sold fewer heat pumps in 2023 than they did the year before, according to the lobby group European Heat Pump Association (EHPA). Total sales fell 5% over the 14 countries for which data exists, bucking a trend of accelerating growth that peaked in 2022 when Russia's invasion of Ukraine sent gas prices soaring. Continue reading...