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

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  • Winskel, Mark
  • Heptonstall, Philip
  • Gross, Robert

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.

Suggested Citation

  • Winskel, Mark & Heptonstall, Philip & Gross, Robert, 2024. "Reducing heat pump installed costs: Reviewing historic trends and assessing future prospects," Applied Energy, Elsevier, vol. 375(C).
    • Handle: RePEc:eee:appene:v:375:y:2024:i:c:s0306261924013977
    DOI: 10.1016/j.apenergy.2024.124014
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    Cited by:

    1. Marco Noro, 2024. "Heating Industrial Buildings with Heat Pump Air Systems: Is It Always the Most Advantageous Option?," Energies, MDPI, vol. 17(20), pages 1-23, October.

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