Reducing heat pump installed costs: Reviewing historic trends and assessing future prospects

Mark Winskel, Philip Heptonstall and Robert Gross

Applied Energy, 2024, vol. 375, issue C, No S0306261924013977

Abstract: Residential heat pumps are a critical energy transition technology, but their installed costs are often much higher than incumbent technologies – imposing a policy imperative, in the UK and elsewhere, to reduce deployment costs. Here, we systematically review historic and forecast UK and international data on heat pump installed costs.

Keywords: Heat pump; Installed costs; Technology assessment; Energy policy; UK (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:375:y:2024:i:c:s0306261924013977

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DOI: 10.1016/j.apenergy.2024.124014

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