94. Heat Pumps are Hot - Mar23

3 million heat pumps were installed in Europe in 2022 (up 38% year on year) with some markets going crazy (Poland went up 120%). The movement is not limited to Europe, as US annual sales rose above 4 million units for the first time in 2022 (more than gas boilers).As the deployment of heat pumps has reached an inflection point in 2022, we wanted to dig deep into the decarbonisation of heating. We wanted to talk about new technologies, economics and government interventions which are sometimes good (ban of new oil and gas boilers, subsidies) sometimes bad (electrons are more taxed than molecules). This silent revolution needed a voice, and that’s our friend Jan Rosenow. Jan is the European Director of the Regulatory Assistance Project, a global energy think tank working on clean energy. He is also an Honorary Fellow at Oxford University. Jan Rosenow is a global heat pump expert and has tracked heat pump markets around the world. He works with policy makers all over Europe to craft and implement more effective policies to drive the transition.And of course, we talk about Hydrogen (spoiler alert, not in great terms) References https://www.youtube.com/watch?v=H3jIRRzF6d0https://www.nature.com/articles/s41560-022-01104-8https://www.raponline.org/wp-content/uploads/2022/11/RAP_Heat_Pump_Toolkit.pdfCarbonBrief:https://www.carbonbrief.org/guest-post-how-the-energy-crisis-is-boosting-heat-pumps-in-europe/debunking mythshttps://www.linkedin.com/pulse/debunking-heat-pump-myths-dr-jan-rosenow?utm_source=share&utm_medium=member_ios&utm_campaign=share_viaWe thank our friends and partners Aquila Capital, for supporting the show