European Heat Pump Sector Supports 2029 Phaseout of Fossil Fuel Boilers

The heat pump industry is growing fast, as witnessed by record attendance recently at the European Heat Pump Association’s (EHPA’s) General Assembly.

The industry is committed to decarbonizing heating and cooling in Europe. More than €5 billion (about US$ 5.4 billion) is to be invested in heat pumps during the period spanning 2022 to 2025 alone.