Heat pump sales in Europe fall 23% to pre-Ukraine war levels

Growth in 2022 and 2023 was driven by soaring gas prices caused by Russia's invasion, but 2024 saw sales slumpHeat pump sales fell 23% in Europe last year, industry data shows, reverting to the level they were at before the war in Ukraine and slowing the shift away from gas-burning boilers.Demand for clean heating devices fell by about half in Belgium and Germany, and by 39% in France, according to data for 13 countries that cover 85% of the European heat pump market. Continue reading...