Europe Electrification of Heat Demand Outlook to 2050

Report Summary:

This insight includes market-level views of the associated annual power demand arising from the growth in heat pumps in the residential and commercial sectors. Details on the modelling approach for forecasting hourly demand in our 12 hourly modelled markets is also included. The results of this analysis have been applied in our latest ‘Q1 2022 European Power Service market outlook’ reports and soon-to-be published whole Europe region power markets 2022 outlook to 2050.