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Chart in Focus

Charts in Focus present our take on current affairs and developments in the worlds of business, financial markets and politics.

1 Document
June 12, 2023
Region:
1
Electric heat pumps are becoming increasingly popular with German homebuilders. In 2022, they already supplied the primary heating energy in more than half of all homes in new buildings. In the 1st quarter of 2023, this share even rose to 55%. Thus, heat pumps have taken over the market leadership in a short time. An important reason for the rapid growth of their market share is government subsidies, which can account for up to 40% of the total cost. [more]
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