Europeans are ditching traditional gas boilers for heat pumps, helping reduce their dependence on volatile oil and gas prices.
The uptake of heat pumps – which transfers heat from outside air, ground or water into a home rather than generating it – had been slowing in recent years. In 2022, 2.8 million units were installed in the EU, but this dropped to 2.7 million in 2023 and 2.11 million in 2024. However, thanks to a combination of falling installation costs and subsidy schemes, the green technology has been cast back into the limelight.
