212. Heat Pumps rise again - Jan26

212. Heat Pumps rise again - Jan26

Heat pumps sit at the heart of Europe’s strategy to cut emissions and reduce dependence on imported gas. Under the EU’s REPowerEU plan, the bloc is targeting 60 million heat pumps by 2030. By the end of 2025, almost 30 million units were already installed — progress, but still only halfway to the goal.

Gerard and Laurent are joined by Paul Kenny, Director General of the European Heat Pump Association (EHPA), to unpack why adoption has surged in countries such as Japan, Scandinavia and parts of the US, while many European markets continue to lag.

After a strong year in 2022, European heat pump sales slowed in 2023 and 2024 amid high upfront costs, a shortage of qualified installers, weaker policy support and an unfavourable price relationship between gas and electricity. Paul explains why confidence is returning in 2025, with 1m heat pumps sold across 13 European countries in the first half of 2025, a 9% increase on 2024.

We also look beyond residential heating to the rapid rise of industrial heat pumps, which could become a major decarbonisation tool for sectors requiring heat below 200°C, including food processing and pharmaceuticals. The conversation explores how heat pumps can add flexibility to the power system, in some cases reducing the need for battery storage, and why data centre heat management is emerging as a key new application.

As the leading voice of Europe’s heat pump industry, EHPA is working to make heat pumps the preferred technology for sustainable heating and cooling — strengthening Europe’s competitiveness, resilience and energy security in the process.

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At Redefining Energy, we are excited to be part of International Energy Week, where some of the biggest names in global energy come together for a packed agenda tackling the ideas, technologies, and policies shaping the future. ENGIE's CEO Catherine MacGregor will be speaking, as well as IEA Executive Director Dr Fatih Birol and Shell's CEO Wael Sawan.

Join us there and get 20% off your ticket with the promo code REIEWEEK20. https://www.ieweek.co.uk/

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Finally, Gerard and Laurent are invited by Jan Rosenow, professor of energy and climate policy at Oxford university and an energy policy expert, for a live session at Oriel College in Oxford on 25/2/26.

Episoder(180)

221. LNG – Hormuz – “Apocalypse Now” - Mar26

221. LNG – Hormuz – “Apocalypse Now” - Mar26

Gerard and Laurent host Ira Joseph, a leading expert on gas and LNG markets at the Columbia Center on Global Energy, to explore how the Middle East conflict is reshaping the industry.In normal times, ...

23 Mar 26min

220. Deal Trends for M&A and Energy Financing - Mar26

220. Deal Trends for M&A and Energy Financing - Mar26

Six years after her last appearance on the podcast (Episode 28, 15 June 2020), Natasha Luther-Jones  returns to join Laurent and Gerard for a lively catch-up on how both her career and the energy sect...

16 Mar 28min

219. Hyperscalers vs US Utilities - Mar26

219. Hyperscalers vs US Utilities - Mar26

While Gerard is fixing his knee, Laurent invites Chris Seiple, Vice Chairman of WoodMac Power & Renewables group, to try to make sense of the scale of the coming power demand surge and the strain it i...

9 Mar 30min

218. Climate Tech Battle Royale (Shayle Kann vs. Gerard Reid) - Mar26

218. Climate Tech Battle Royale (Shayle Kann vs. Gerard Reid) - Mar26

Last month, Gerard Reid joined Shayle Kann, Managing Partner at Energy Impact Partners, for a world class and fast-moving conversation on the state and future of Climate Tech.   The discussion was org...

2 Mar 37min

217. Lithium, Copper, Silver and other metals go ballistic - Feb26

217. Lithium, Copper, Silver and other metals go ballistic - Feb26

Lithium has doubled in three months. Copper is printing record highs. Silver went vertical—then collapsed. The move was fast. The reversals were faster. Volatility isn’t elevated. It’s systemic.  But ...

23 Feb 27min

216. Clean Energy Equities Market: "Dancing While the Music Plays"   - Feb26

216. Clean Energy Equities Market: "Dancing While the Music Plays" - Feb26

Clean Energy equities have comfortably outperformed the major indices in 2025.  Laurent and Gerard are joined by friend of the show Shanu Mathew, an equity portfolio manager everyone in the sector kno...

16 Feb 34min

215. PPAs, FPAs, IPPs, Flex and Capture rates: new paradigms - Feb26

215. PPAs, FPAs, IPPs, Flex and Capture rates: new paradigms - Feb26

Luca Pedretti, Co-Founder, Pexapark, returns to discuss how volatility, market design, and new contract structures are transforming power markets and renewable economics. What begins with PPA pricing ...

9 Feb 27min

214. Grid Resilience: hot risks, cold solutions - Feb26

214. Grid Resilience: hot risks, cold solutions - Feb26

Resilience is the buzzword of the moment—from Gerard’s personal resilience on display in Davos last week to the critical issue of grid resilience.  The great Doug Houseman draws a useful distinction b...

2 Feb 29min

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