In 2020, Irish households spent approximately €1.2 billion on petroleum products for heating (kerosene + fuel oil). Since 2022, kerosene consumption has been decreasing due to the growing popularity of heat pumps, with their share in heating increasing by 8%.
Now, in 2025, the share of heat pumps is approaching 30%, meaning:
€1.2 billion – 30% = €360 million.
If we capture even 5% of the market share that standard heat pumps are taking from traditional heating methods, we get: €360 million * 5% (Wind Mechanic) = €18 million. Thus, by implementing this project, it is possible to generate a profit of €18 million.
1 | €1,200,000,000 | 100% | annual heating costs in ireland |
2 | €360,000,000 | 30% | annual costs of electric heat pumps from total annual heating costs |
3 | €18,000,000 | 5% | planned annual wind turbine costs from annual electric heat pump costs |

This project aligns with Ireland’s green energy transition and offers scalable,
sustainable revenue streams. Let me know if you need further refinements!