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“From 2024 we will install 500,000 new heat pumps every year”

Federal Chancellor Olaf Scholz has announced a significant expansion of renewable energies and climate-friendly heat supply in Germany.

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“From 2024 we will install 500,000 new heat pumps every year”

Federal Chancellor Olaf Scholz has announced a significant expansion of renewable energies and climate-friendly heat supply in Germany. "From 2024 we will install 500,000 new heat pumps every year," he said on Tuesday in Berlin at the Association of Municipal Companies, with a view to the debate about the gradual phase-out of gas and oil heating. In addition, the gas power plants would be significantly expanded, which could later also be operated with hydrogen. He did not mention a number in his speech. "Hydrogen can and will replace natural gas, oil and coal - especially in industry, in the energy sector but also in air, sea and heavy goods traffic," said Scholz.

Electricity demand will increase from 600 terawatt hours today to 750 terawatt hours by 2030. 80 percent of this would then be generated by renewable energies. "By 2030 we want to build up ten gigawatts of electrolysis capacity in Germany - that's twice as much as originally planned in the national hydrogen strategy," he added, referring to hydrogen production. Energy in Germany must remain affordable. Scholz (SPD) supported the announcement by Economics Minister Robert Habeck (Greens) to enable an industrial electricity price - by allowing companies to buy green electricity directly from the energy producer. The federal government will promote so-called power purchase agreements between buyers and producers of renewable energies, said Scholz.

Habeck announced on Monday that he would quickly implement a concept for an industrial electricity price in Germany. He named costs of five to nine cents for renewable energies, which should reach the companies in full, for example through direct contracts. "That would be part of an industrial electricity price from the market," said Habeck.

According to the Federal Association of Heat Pumps, sales of heating heat pumps increased from 120,000 in 2020 to 154,000 in 2021 to 236,000 last year.

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