Regaining momentum: the path to net zero homes
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Overcoming barriers, driving innovation and financing the future
The transition to net zero homes is at a critical point. After years of rapid growth, 2024 saw a slowdown across key technologies, including heat pumps, electric vehicles (EVs) and residential solar & battery storage. This three-part whitepaper series from LCP Delta explores the root causes of this slowdown, the strategies needed to regain momentum and the financial mechanisms that can drive these technologies into the mainstream consumer market.
Explore the series
1. Understanding the slowdown in net zero adoption
Read the report2. Overcoming barriers to mainstream adoption
Read the report3. Financing the net zero transition
Read the reportScroll down to explore our key findings
Our key takeaways from each whitepaper
1. A difficult slowdown for the market
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Heat pump market decline
36%Heat pump sales across Europe fell, highlighting a slowdown in the energy transition. -
Residential solar slowdown
21%Sales of residential solar systems dropped across Europe, reversing previous growth trends. -
European inflation impact
10.6%EU inflation surged, contributing to reduced consumer spending on energy transition technologies.
2. Innovation leading to the mainstream market
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Current energy transition leaders
9%A small proportion of consumers are actively driving the energy transition, showing a need for wider adoption. -
Tipping point for net zero
25%Research suggests that widespread adoption can be triggered when a quarter of the population engages. -
EV driver satisfaction
93%The majority of EV drivers would never switch back to petrol or diesel, proving long-term adoption.
3. Financing the mainstream market
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Investment in energy transition start-ups
€60bnFunding has been directed toward start-ups innovating and disrupting the energy transition sector. -
Europe’s leadership in green bonds
59%The majority of global green bonds were issued in Europe, reinforcing its leadership in the sector. -
Scaling net zero finance
€143bn"The ABS (Asset Backed Securities) market in Europe already finances huge parts of the consumer economy. It is beginning to be used to finance net zero technologies.
To reach the mainstream market, we must regain the momentum from earlier in the decade. Through innovation, training and the right financial structures, we can hit the tipping point where residential net zero technologies become the norm on the path to net zero.
Duncan Sutherland Associate Consultant, LCP Delta
