Yearly Heat Pump Installations | ||||||
---|---|---|---|---|---|---|
Data by Type (2018–2024) | Forecast ~ 2029 | ||||||
Year | Air-to-Water Monobloc | Air-to-Water Split | Ground-to-Water | Others | Total | 5-year-forecast |
2018 | 21,459 | 1,855 | 896 | 2,516 | 26,726 | |
2019 | 19,606 | 2,859 | 884 | 1,242 | 24,591 | |
2020 | 22,310 | 2,715 | 1,303 | 1,004 | 27,332 | 47,686 |
2021 | 37,362 | 3,815 | 1,608 | 2,315 | 45,100 | 63,625 |
2022 | 47,489 | 4,731 | 1,533 | 4,177 | 57,930 | 77,038 |
2023 | 47,399 | 3,471 | 2,429 | 6,945 | 60,244 | 101,945 |
2024 | 78,060 | 3,260 | 3,210 | 13,938 | 98,468 | 119,212 |
2025 | 209,043 | |||||
2026 | 271,197 | |||||
2027 | 344,105 | |||||
2028 | 436,393 | |||||
2029 | 520,713 |
Product Installs
Heat Pump Installations
Installations & Forecast
Key Insights for 2024
Actual Installations (2018–2024)
- 2018–2020 Fluctuations: Installations started at 26,726 in 2018, dropped to 24,591 in 2019 (~8% decline), and rose to 27,332 in 2020 (~11% increase from 2019), showing modest early variation.
- 2020–2024 Surge: From 27,332 in 2020, installations climbed to 98,468 in 2024, a compound annual growth rate (CAGR) of ~37.8%, reflecting a sharp rise in adoption.
- Overall Growth: Between 2018 and 2024, installations grew by ~268%, indicating a significant upward trend in recent years.
Forecast Installations (2025–2029)
- Rapid Expansion: The forecast projects installations to increase from 209,043 in 2025 to 520,713 in 2029, a CAGR of ~25.7% over five years.
- 2025 Jump: The 2025 forecast (209,043) is over twice the 2024 actual (98,468), suggesting an anticipated acceleration in deployment.
- Long-Term Outlook: From 2024 actual (98,468) to 2029 forecast (520,713), installations are expected to rise by ~429%, pointing to an ambitious growth trajectory.
Actual vs. Forecast Comparison (2020–2024)
- 2020: Forecast (47,686) overestimated actual (27,332) by ~74%.
- 2021: Forecast (63,625) exceeded actual (45,100) by ~41%.
- 2022: Forecast (77,038) was ~33% above actual (57,930).
- 2023: Forecast (101,945) overestimated actual (60,244) by ~69%.
- 2024 Shift: Forecast (119,212) underestimated actual (98,468) by ~21%, marking a reversal where actual growth outpaced predictions.
Summary
- Actual installations show a strong upward trend, especially post-2020, with 2024 marking a notable peak.
- Forecasts predict exponential growth through 2029, though earlier overestimations (2020–2023) and the 2024 underestimation suggest challenges in forecasting accuracy.
- The data reflects increasing heat pump adoption, likely driven by external factors like policy or demand, with an optimistic future outlook.
Data
Actual: HPA Forecast: National Energy System Operator
Total Installations versus Forecast
Actual: HPA Forecast: National Energy System Operator
Yearly Trends
Actual: HPA Forecast: National Energy System Operator
Heat Pump Installations - Count
Source: HPA
Heat Pump Installations - Proportions
Source: HPA
Vehicle Registrations
Key Insights for 2024
ICE Dominance Persists but Wanes: Petrol and Diesel remain the majority but are plateauing or slightly declining, losing ground slowly.
Hybrids Surge as a Middle Ground: Hybrid Electric (Petrol) is a standout, nearly as significant as Battery Electric, reflecting consumer preference for partial electrification.
EV Growth Slows: Battery Electric and Plug-in Hybrid Electric (Petrol) are stable but not surging, suggesting a pause after earlier gains, while niche EVs fade.
Electrification Gains Ground: EVs + Hybrids approach parity with pure ICE, signaling a market tipping toward electrification, though pure ICE retains a numerical edge.
2024 Stability: Minimal shifts between Q1 and Q2 indicate a maturing market, with electrification established but not yet overtaking ICE.
Data
Fuel Type Totals by Year and Month | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
(2021 - 2024) | ||||||||||||
Year | Month | Battery electric | Diesel | Fuel cell electric | Gas | Hybrid electric (diesel) | Hybrid electric (petrol) | Other fuel types | Petrol | Plug-in hybrid electric (diesel) | Plug-in hybrid electric (petrol) | Range extended electric |
2021 | 3 | 37,481 | 184,510 | 20 | 513 | 9,696 | 51,665 | 14 | 270,501 | 1,200 | 25,255 | 350 |
2021 | 6 | 47,627 | 176,915 | 7 | 788 | 9,598 | 66,296 | 10 | 319,177 | 933 | 30,694 | 436 |
2021 | 9 | 58,055 | 129,174 | 29 | 946 | 7,492 | 70,919 | 21 | 257,774 | 677 | 28,117 | 602 |
2021 | 12 | 75,732 | 127,515 | 15 | 810 | 5,726 | 43,304 | 19 | 199,210 | 1,300 | 26,149 | 817 |
2022 | 3 | 73,652 | 124,567 | 14 | 1,083 | 7,834 | 73,546 | 7 | 250,142 | 1,192 | 28,535 | 564 |
2022 | 6 | 59,933 | 123,054 | 0 | 1,168 | 6,398 | 71,909 | 25 | 247,027 | 600 | 20,829 | 604 |
2022 | 9 | 70,069 | 119,229 | 3 | 951 | 7,349 | 84,569 | 14 | 245,586 | 469 | 22,104 | 641 |
2022 | 12 | 102,283 | 108,801 | 1 | 1,580 | 6,602 | 74,357 | 10 | 212,581 | 86 | 26,979 | 611 |
2023 | 3 | 85,585 | 141,228 | 25 | 1,032 | 5,990 | 103,466 | 19 | 283,929 | 65 | 31,514 | 544 |
2023 | 6 | 85,503 | 132,500 | 1 | 734 | 4,877 | 98,356 | 19 | 261,008 | 120 | 30,253 | 509 |
2023 | 9 | 97,572 | 136,444 | 0 | 938 | 4,964 | 129,261 | 19 | 263,421 | 190 | 36,627 | 432 |
2023 | 12 | 86,804 | 125,002 | 0 | 1,178 | 4,318 | 113,609 | 14 | 223,713 | 176 | 42,027 | 524 |
2024 | 3 | 94,844 | 145,549 | 0 | 1,114 | 5,157 | 153,834 | 14 | 272,598 | 65 | 42,630 | 419 |
2024 | 6 | 94,025 | 143,681 | 0 | 1,044 | 5,111 | 152,692 | 14 | 269,777 | 63 | 42,544 | 414 |
Source: Department for Transport
All Fuel Types Registrations
Source: Department for Transport
All Fuel Types Registrations - Total
Source: Department for Transport
Vehicle Registrations - ICE vs EV
Source: Department for Transport
Electric Vehicles Registrations
Source: Department for Transport
Vehicle Registrations - EV Types
Source: Department for Transport
Smart Meter Installations
Key Insights 2024
Domestic Decline: Domestic installations, the bulk of the total, fell significantly in 2024 (11.3% drop March–June), with a partial September recovery, marking the lowest quarterly average since 2020.
Non-Domestic Stability: Non-Domestic installations dropped 20.5% mid-year but stabilized in September, maintaining a small (~3%) but consistent share.
Overall Slowdown: Total installations in 2024 (722,000 average) are down from 2023 (848,000) and 2022 (~892,000), with a notable mid-year dip.
Consistent Focus: The Domestic-heavy ratio (96–97%) persists, showing no shift in deployment priorities.
Adjustment Phase: 2024’s volatility (sharp drop, modest rebound) suggests a transition from aggressive growth to a more mature or constrained rollout.
Data
Smart Meters Installations | |||
---|---|---|---|
(2020–2024) | |||
Year | Month | Domestic | Non-Domestic |
2020 | 3 | 1,000,733 | 11,564 |
2020 | 6 | 142,592 | 1,148 |
2020 | 9 | 873,381 | 13,762 |
2020 | 12 | 991,632 | 18,688 |
2021 | 3 | 765,023 | 17,911 |
2021 | 6 | 1,002,037 | 22,529 |
2021 | 9 | 900,727 | 25,163 |
2021 | 12 | 857,513 | 19,567 |
2022 | 3 | 897,486 | 20,787 |
2022 | 6 | 840,729 | 22,433 |
2022 | 9 | 874,518 | 24,301 |
2022 | 12 | 915,587 | 25,390 |
2023 | 3 | 843,819 | 32,228 |
2023 | 6 | 780,175 | 29,555 |
2023 | 9 | 815,479 | 30,817 |
2023 | 12 | 825,257 | 33,887 |
2024 | 3 | 747,272 | 29,988 |
2024 | 6 | 663,167 | 23,991 |
2024 | 9 | 680,518 | 24,059 |
2024 | 12 | 669,839 | 20,463 |
All Smart Meter Installations - Quarterly
All Smart Meter Installations - Yearly
Domestic vs Non-Domestic
Public EV Chargepoints
Key Insights
2024 Boom: The UK added 16,365 devices (+30.5%), with England contributing 14,990 (91.6%), and Northern Ireland (+37.4%) and Wales (+35.0%) showing the highest relative growth, pushing the cumulative total to 70,042 by October.
England’s Lead: England’s cumulative total reached 60,364 by Oct 2024 (+32.3%), accounting for ~86% of the UK network, with 14,990 new devices in 2024.
Smaller Regions Surge: Northern Ireland (+174), Wales (+787), and Scotland (+1,414) significantly boosted their cumulative totals in 2024, growing 37.4%, 35.0%, and 30.8%, respectively.
2025 Start: January 2025 added 3,292 devices (+4.7%), reaching 73,334 UK-wide, with England (+3,025) and Northern Ireland (+6.4%) leading, indicating continued but slower growth.
Cumulative Milestone: The UK network grew nearly fivefold since Oct 2019, with 2024’s 16,365 additions (28% of the total increase) marking a peak year, followed by a steady 2025 start.
Data
Publicly Available Charging Devices by Country | |||||
---|---|---|---|---|---|
(2019–2025) | |||||
Year | Month | England | NI | Scotland | Wales |
2019 | 10 | 12,549 | 295 | 1,743 | 529 |
2020 | 1 | 13,719 | 295 | 1,922 | 569 |
2020 | 4 | 14,979 | 305 | 2,040 | 623 |
2020 | 7 | 15,395 | 312 | 1,910 | 648 |
2020 | 10 | 16,456 | 318 | 2,038 | 675 |
2021 | 1 | 17,459 | 320 | 2,192 | 804 |
2021 | 4 | 19,261 | 327 | 2,351 | 851 |
2021 | 7 | 20,563 | 330 | 2,565 | 916 |
2021 | 10 | 21,925 | 332 | 2,676 | 994 |
2022 | 1 | 24,159 | 345 | 2,816 | 1,055 |
2022 | 4 | 25,884 | 348 | 2,953 | 1,105 |
2022 | 7 | 27,502 | 328 | 2,989 | 1,192 |
2022 | 10 | 29,774 | 342 | 3,272 | 1,249 |
2023 | 1 | 31,466 | 366 | 3,758 | 1,465 |
2023 | 4 | 34,203 | 389 | 3,919 | 1,639 |
2023 | 7 | 37,717 | 433 | 3,985 | 1,885 |
2023 | 10 | 42,489 | 431 | 4,239 | 2,061 |
2024 | 1 | 46,374 | 465 | 4,592 | 2,246 |
2024 | 4 | 51,506 | 545 | 5,077 | 2,542 |
2024 | 7 | 55,631 | 618 | 5,613 | 2,770 |
2024 | 10 | 60,364 | 639 | 6,006 | 3,033 |
2025 | 1 | 63,389 | 680 | 6,138 | 3,127 |
Source: Department for Transport
Public EV Devices - By Country
Source: Department for Transport
Available Public EV Devices - Proportion By Country
Source: Department for Transport
UK - Total Available Electric Vehicle Charges
Source: Department for Transport
UK - EV Devices Installations
Source: Department for Transport