15 September 2011

THE CURRENT STATE AND FUTURE PROSPECTS OF THE GERMAN HEAT PUMP MARKET


This paper highlights current heat pump market volumes and market conditions in Germany. The paper provides background information about the German climate package which
promotes a reduction in CO2 emissions and creates advantageous market conditions. It also outlines the Renewable Energies Heat Act (EEWärmeG), part of the climate package, and its stated objective to reach a target of 14 percent of heat produced by renewable energies by
2020. The development of primary energy consumption standards for buildings and information specific to the age of extant German heating installations is also discussed.
Moreover, the development of different heating technologies in Germany – with a growing market for heat pumps in recent years – and the share of different heat pumps in Germany
are also highlighted. The presentation also illustrates the main distribution channels in Germany and provides a market outlook of heat pump development in Germany in the future. The paper, specifically targeted at foreign companies seeking to enter Germany’s/Europe’s heat pump sector, outlines important-to-know location factors and business opportunities in
Germany.