1、1Subsidies for residential heat pumps in EuropeSubsidies for residential heat pump-details per countrySubsidies for residential heat pumps in EuropePhoto:Ecoforest2Subsidies for residential heat pumps in EuropeSubsidies for residential heat pumps in Europe Since the investment costs for low-carbon h

2、eating and cooling systems such as heat pumps are still higher than for fossil fuel-based heating devices,financial support schemes are still necessary to remove the barriers to investment.These financial incentives can cover measures such as low-interest loans,grant programs,and tax rebates.They ar

3、e often different for lower and higher income households.At the same time,the EUs REPowerEU plan,which aims to get the EU clean of fossil gas,states that the Member States should refrain from incentivising fossil fuel boilers and direct these subsidies to heat pumps instead.What is the current situa

4、tion with regard to heat pump subsidies across Europe?How does it differ from country to country?This document provides an overview of the different heat pump subsidy schemes in the EU Member States,the UK,Norway and Switzerland,as of early 2023.EU legislationEU Member States have been encouraged to

5、 set up subsidy schemes for heat pumps by a range of EU legislative initiatives covering the energy transition and decarbonisation policies.These include the Renewable Energy Directive,the Energy Efficiency Directive,and the Energy Performance of Buildings Directive.Most recently,the REPowerEU plan

6、emphasises the need to accelerate green technologies.It proposes in-creasing the EUs headline 2030 target for renewables from 40%to 45%.To reach this,it focuses on faster permitting procedures and doubling the rate of deployment of heat pumps,as well as measures to integrate geothermal and solar the