Surge in heat pump installations amid shorter delivery times

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Heat pump installations in the Netherlands have soared to a record high this year, with over 110,000 units installed—equivalent to the total for the entire year of 2022. This upswing is attributed to shortened delivery times, as highlighted by the Dutch Heat Pump Association and Techniek Nederland (Technology Netherlands). It is anticipated that by year-end, this figure will rise to a remarkable 170,000 heat pumps.

The hybrid variant of heat pumps, which collaborates with a central heating boiler, has gained particular popularity. This option is especially favored in existing homes. As a result, installations of hybrid heat pumps are projected to reach 120,000 by year-end, marking a significant milestone: more heat pumps in existing homes than in newly built ones. The allure of hybrid heat pumps is bolstered by elevated gas prices and available subsidies, according to Doekle Terpstra, President of Techniek Nederland.

Nonetheless, achieving the targeted 170,000 installations this year remains uncertain due to factors like the ongoing nitrogen crisis, which is impeding housing construction. Addressing the shortage of skilled technicians is paramount to sustaining the growth of heat pump installations. The industry's strategy involves establishing new manufacturing facilities and training technicians, including those transitioning from other fields, to meet rising demands. In light of the mandated heat pump installation from 2026 onwards, thousands of additional technicians are predicted to be required to meet the burgeoning demand. The Dutch Heat Pump Association aims to install 1 million heat pumps in existing homes by 2030, with a projected annual capacity of 300,000 units within three years.

The attainment of these objectives will be contingent on new housing developments and the impact of the gas price ceiling and rising interest rates. Price sensitivity continues to influence heat pump adoption, given the substantial investment associated with these systems.

Source: Vastgoed Actueel

Publication date 27/09/2023

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