Recently, with growing global focus on renewable energy, traditional heating methods are being phased out while new, greener and more efficient alternatives emerge. Particularly in Europe, heat pumps as the new winter神器 have gained popularity. Meanwhile, Chinese heat pump companies stand at the forefront of this transformation.

In 2022, Chinas electric blankets and heaters became winter神器 in Europe. This year, Germanys heating industry underwent major reforms as parliament passed the Geb?udeenergiegesetz (GEG) - commonly known as the Heating Act. The act mandates that from 2024, Germany will gradually ban traditional wall-mounted boilers and heating systems, promoting renewable alternatives. Each new heating system must derive at least 65% of its energy from renewable sources like heat pumps and biomass boilers.

The introduction of this policy is obviously a huge impact on the traditional German heating industry. Data shows that there are approximately 18.9 million residential buildings in Germany, and about 80% of them use fossil fuels to meet their heat energy needs. The main source of fossil - fuel heating is natural gas, accounting for about 50%; oil heating accounts for one - third; while heat - pump heating only accounts for 3.4%. This means that once this act comes into effect, the demand for heat pumps will increase significantly.

In order to encourage the public to replace and update their heating systems, the German government has also introduced a series of policy subsidies. For example, all homeowners who install climate - friendly heating systems can receive a 30% subsidy for the purchase and installation costs. For families with an annual income of less than 40,000 euros, they can receive an additional 30% subsidy. In addition, if the replacement is completed before 2028, an additional 20% subsidy can be obtained, with a subsidy cap of 70%.

For Chinese heat - pump enterprises, this transformation in the German heating industry is undoubtedly a huge opportunity. Statistical data from the General Administration of Customs of China shows that from January to November 2022, the export volume of Chinese air - source heat pumps increased by 21.8% year - on - year, and the export value increased by 56.5% year - on - year. The main export destinations are major European countries such as France, Italy, Germany, the United Kingdom, and Spain.

Data from the European Heat Pump Association also confirms this trend. In 2022, the sales volume of heat pumps in the whole of Europe was nearly 3 million units, an increase of nearly 40% compared with the previous year. Among them, China is the largest import trading partner of heat - pump products in Europe.