Incentives needed for heat pumps to take off

Incentives needed for heat pumps to take off

The International Energy Research Centre (IERC) at Tyndall National Institute in Cork says "capital grants, tax breaks, zero interest loans and employment training" will have to be introduced if the 600,000 target of environmentally and cost efficient domestic heat pumps by 2030 is to be reached.

Major incentives are needed if 600,000 heat pumps  — a key component of retrofitting Irish homes — are be to installed by 2030, leading energy experts have said.

The International Energy Research Centre (IERC) at Tyndall National Institute in Cork says "capital grants, tax breaks, zero interest loans and employment training" will have to be introduced if the 600,000 target of environmentally and cost efficient domestic heat pumps by 2030 is to be reached.

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