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By 2030, heat pumps are expected to make up a growing share of the technology mix for district heating and industrial processes in Europe.

By 2030, heat pumps are expected to make up a growing share of the technology mix for district heating and industrial processes in Europe.

Image description:
In a 2-stage interactive stacked area chart, the 1st panel shows the projected breakdown of the heating technology mix in Europe from 2023 to 2030 for district heating and industrial process heating. In both panels of the interactive, the main growth area on the chart is the gradually increasing share of heat pumps in the overall mix, going from ~5% of the total in 2023 to a projected 15% percent of the total by 2030 in both district and industrial settings.
Source: McKinsey Global Energy Perspective 2023 Current Trajectory scenario
End of image description.

Image description:
In a 2-stage interactive stacked area chart, the 1st panel shows the projected breakdown of the heating technology mix in Europe from 2023 to 2030 for district heating and industrial process heating. In both panels of the interactive, the main growth area on the chart is the gradually increasing share of heat pumps in the overall mix, going from ~5% of the total in 2023 to a projected 15% percent of the total by 2030 in both district and industrial settings.
Source: McKinsey Global Energy Perspective 2023 Current Trajectory scenario
End of image description.