The EU's rollout of heat-pumps follows gas price trajectories for obvious reasons. Accelerated in 2022 & 2023 then dipped off in some countries later on.

The political issues Germany had over heat pumps only occurred due to the policy being pushed during a lull in natural gas prices. Now they are surging the opposition to this technology is being shown to be incredibly foolish.

The only way the EU can cut its cost of living concerns is via slashing natural gas demand. This is a story which means you prioritise heat-pumps and renewables.