Booming Heat Pump Market: Italy, Norway, and the USA Experience Strong Demand - Member Country Reports Unveiled by IEA's HPT TCP.

The second of four Member Country Report digital workshops for 2023 was organized by HPT TCP by IEA on the 20th of June 2023 where the respective delegates of Italy, Norway and USA delivered their Member Country Reports.
The heat pump market is booming, with strong demand in both the residential and commercial sectors. In Italy, for example, the market for heat pumps has grown by an average of 10% per year over the past five years. This growth is being driven by a number of factors, including rising energy prices, government incentives, and increasing awareness of the environmental benefits of heat pumps.