In the IEA's net zero emissions scenario, the number of heat pumps worldwide triples by 2030, and doubles again by 2050.
One-third of natural gas demand in the EU is for heating in buildings - electrifying heating is therefore crucial to phase out fossil fuels.
Heat pumps are three to five times more energy efficient than gas boilers and have a lower total cost of ownership over 10 years.
Heat pumps will increase electricity demand by 9% by 2030, but their flexibility can be used to balance energy systems when intelligently integrated.
Heat pumps offer valuable flexibility due to their ability to store heat, for example in buffer tanks, and intelligently control consumption.
Rolling out a heat pump with an energy management system (and other assets) is the key to unlocking system-wide benefits.
The imperative to decarbonize heating
Global energy demand for space and water heating accounts for half of energy consumption in buildings, but emits 80% of direct building emissions. Electrifying the heating sector by implementing heat pumps allows heating to be powered by clean electricity.
Heat pumps: The future of heating (and cooling)
Reaching the new goal set by the RePowerEU directive of 30 million new heat pump units between 2022 and 2030 would result in a reduction of 15% of Russian imports today. Countries have also set ambitious goals, such as reaching a stock of 6 million heat pumps in Germany by 2030.
More intelligent integration, more benefits
By rolling out heat pumps with an energy management system, and combining it with other assets such as PV, consumers can gain independence and lower costs. Holistic energy solutions also enable other use cases, such as time-of-use tariffs, DSO curtailment, or flexibility marketing via VPPs.