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Germany's Heat Pump Market Grew 51% since 2015 – but can the party keep going?

Germany’s hydronic heat pump market has seen a couple of excellent years. Following growth rates of 18% in both 2016 and 2017 the market grew by another 8% in 2018, an increase of 51% over 2015. But is that party coming to an end? Many indicators are pointing in this direction.

Recap: A market both driven and held back by subsidies & regulations

Two factors drove the German heat pump market in the last three years: a change to the building regulations taking effect in 2016 as well as a change in subsidies in 2015. This combination created the perfect storm for heat pumps. But the success may be built on thin ice, as subsidy applications equivalent to 50-80% of all installations were made in 2017.

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Reflections on E-World – and a feather in Delta-ee’s cap!

 

Last week several of the Delta-ee team attended E-World in Essen, the annual German energy industry Congress & trade fair, and we would like to share some of our takeaways from the event.

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Promising policies and revised regulation: the European heat pump market is warming up

It’s been a busy month for the Electrification of Heat Service. We have recently published our latest heat pump country reports focusing on France, Italy and Germany and have already had the chance to discuss some of the findings  at our recent European Heat Summit.

The results of our recent research and the forecasts we’ve made suggest a tentatively positive outlook for the European heat pump market. We have seen growth in some segments of the heat pump market in these three countries, as displayed in the graph below. The arrows show the expected direction of growth over the next few years.

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Germany: Auctions to be introduced for CHP and renewables in 2017

Germany’s ‘Energiewende’ (Energy Transition) is well publicised, and frequently referenced, as an example of how to (or not, depending on your point of view!) transform a country’s energy system away from low efficiency, high-carbon energy and towards an environmentally friendly, reliable energy system.

One of the fundamental pillars of the Energiewende is a support framework for renewable electricity generation. In the early 1990s, renewables accounted for less than 5% of yearly electricity generated in Germany. Today, the figure stands at around 35% - and the future direction of travel is clear.

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Who wouldn’t want a Mercedes in their home?

A couple of weeks ago Mercedes-Benz announced to invest €500 million into a new battery manufacturing facility in Germany, which is part of a wider strategy to invest €1 billion into battery production globally. This was followed by the announcement last week to also expand into the U.S. energy storage market.

The scale of the investment – compared to €5 billion R&D expenditure for the entire Daimler Group in 2015 – is an incredibly strong statement for the group’s electric vehicle and energy storage strategic plans.

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State of the micro-CHP sector part 1: 2015 sales and market summary

The first of our two-part blog on the state global micro-CHP market provides a run-through of the key events that shaped the outcome in 2015 – taken from the Delta-ee ‘Micro-CHP Annual Roundup and Market Outlook’ report.

2015 was the year of the first ‘double-dip’ in the micro-CHP market

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