Withdrawal of government support, lower natural gas prices, and high interest rates led to the first annual drop in European sales of heat pumps in a decade, data from the European Heat Pump Association showed on Tuesday. In 14 European counties, heat pump sales dropped by around 5% last year compared to 2022, from 2.77 million to 2.64 million units. This reverses the trend of the last decade, where combined sales increased annually, the association said. Sales of heat pumps fell in France, Italy, Sweden, Finland, Poland, Denmark, Austria,…
