Report

The heatwave: Unlocking the economic potential of UK heat pump manufacturing

Think tank: IPPR

Author(s): Simone Gasperin; Pranesh Narayanan; Joshua Emden

October 11, 2024

This report from UK think tank IPPR looks at unlocking the economic potential of UK heat pump manufacturing.

It is a clear example of how the transition to net zero can foster economic growth, sustain qualified jobs, alleviate regional imbalances and reduce the cost of living via energy cost saving. Previous IPPR analysis points to the opportunity of building a competitive heat pump manufacturing industry from related activities located in existing industrial clusters.

This report further expands this evidence and argues that a comprehensive green industrial strategy for heat pump manufacturing should focus on coordinating the acceleration of domestic heat pump installations with the expansion of domestic heat pump manufacturing capacity primarily via diversification from existing UK producers of boilers and air conditioners.