Are heat pumps the key to accelerating the energy transition? ...Middle East

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Are heat pumps the key to accelerating the energy transition?
Story at a glance Heat pumps operate similarly to refrigeration systems such as air conditioners (ACs), with the only difference of producing hot instead of chilled water, and offering both heating and cooling options. Heat pumps consume a lot less energy and are at least three times more energy efficient compared to conventional heating and air conditioning systems. Heat pumps cost a bit more upfront but do save money on utility bills. Heat pumps have long been heralded as a vital solution to electrification yet they only account for less than 10 percent of global building heating demand, according to the International Energy Agency (IEA).   The IEA’s Net-Z

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