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“The IEA says that global heat pump sales will need to expand by well over 15% per year this decade if the world is to achieve net zero by 2050, and that multistory apartment buildings and commercial spaces in particular should be prioritized.”

Michelle Lewiselectrek.co ↗

Global heat pump sales grew 11% in 2022 and Europe’s grew nearly 40%. The IEA credits subsidies and high natural gas prices. The target is well over 15% a year, and the world just missed it. Heat pumps already heat 1 in 10 homes, and expensive gas did the selling.