- 1/2
- Almost half of building energy use comes from space and water heating.
Emissions
Global greenhouse gas emissions – share of total (2019)
Background
Heat pumps can lead to 50%+ in energy savings compared to conventional heating systems (i.e., commercial electric).
- 50%+
- energy savings with heat pumps.
Up to 3x energy is produced compared to energy consumed by heat pumps.
- 3x
- energy production vs. consumption.
Source: Climate Watch; Our Word in Data; IEA; Lit. scan
Current State
In 2021, heat pumps supplied only ~10% of heating for all building types.
Global heat pump sales have grown at 11-13% p.a. the past two years, with Europe in particular seeing significant growth as natural gas prices increased.
Policy support has driven significant uptake in countries such as Norway, Sweden, and Finland.
Solution Details