European heat pumps for the global climate

Almost 8.4 million heat pumps are operating in Europe. They

  • provide 147 TWh of useful energy,
  • reduce the final energy demand by 120 TWh and
  • save 24 Mt of CO2 emissions.

The market is growing by around 900 000 units per year.

It requires more than 46 000 full time direct jobs to manufacture and maintain heat pumps in Europe.

If fully used, the heat pump stock provides a demand response potential of 296 GWh for around 2 hours.