Heat pumps: market trends, regulations and policies on current technology


25 October 2023

A new CAREL white paper examines the current scenario, to help understand the latest opportunities and challenges in the heat pump market


Heat pumps have grown in popularity in recent years, with this technology representing the ideal alternative to fossil fuel boilers for space heating. A new CAREL white paper analyses the technologies and trends that have emerged in the heat pump market in recent years, as well as the regulations and policies applied both locally and globally, in order to better understand the latest opportunities and challenges in the sector.

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“The aim of the 'Heat Pumps - Technologies, Regulations and Trends’ white paper is to bring together, in one document, the essential information needed to understand one of the key technologies for decarbonisation: these systems can in fact provide high-efficiency heating and cooling using electricity, and therefore with virtually zero CO2 emissions when using renewable sources”, commented Miriam Solana, CAREL's HVAC/R Technical Knowledge Specialist. “Our intention with this document is to contribute to making available as much theoretical information as possible, and providing an overview of the technologies for optimising energy savings and creating systems with the lowest total CO2 emissions.

Heat pumps have recognised the potential and are therefore specified in decarbonisation policies as a leading technology for heating and cooling new buildings: it has been estimated that using heat pumps can reduce global CO2 emissions by at least 500 million tonnes by 2030, the equivalent of the annual CO2 emissions of all cars currently on the road in Europe. Clearly, the reduction in emissions from heat pumps when compared to gas-fired boilers is even more significant when the share of renewables in the energy mix increases. Several recently-announced key policies, such as REPowerEU in the European Union, the Inflation Reduction Act in the United States and China's 14th Five-Year Renewable Energy Plan, will further boost the deployment of electricity from renewable sources in the coming years.

The 'Heat Pumps - Technologies, Regulations and Trends' white paper is available free of charge on the CAREL website, at the link: www.carel.com/-heat-pumps-technologies-regulations-and-trends-white-paper