Heat pumps

Building emissions may be mitigated by transitioning to heat pumps.

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  • 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

Countries with high demand for heat pumps often face supply chain issues.

Expansion will require significant growth in the number of contractors and the supply of heat pumps.

High upfront costs of installation deter consumers from purchasing heat pumps, but this can be addressed through improved education about the lifetime cost competitiveness of heat pumps.

Other Solutions

Electric LDVs

Electric LDVs

Methane abatement

Methane abatement