01 September 2012

The Emerging Canadian Heat Pump Market


Canada is endowed with abundant
energy sources and is one of the most
energy intensive countries in the
world. This explains some historical
choices for heating equipment. However,
as the energy transport and distribution
infrastructures are in need
of major investments over the next
decades, energy prices will increase
consequently. Customers will have
to explore new options for heating
and cooling services. From the current
low penetration rate (less than
10 %) heat pumps will likely play an
increasingly important role in the
future.