Annual Report 2016
Country Reports


HE Mr Bernard Fautrier Government of Monaco

Monaco wishes to develop ocean energy. Currently, sea water heat pumps produce a significant share of the Principality’s energy needs.

In Monaco, the sea is used as a renewable energy source for the development of a heat pump system. The first heat pump with sea water in Monaco dates back to 1963. 75 sea water heat pumps produce 20% of the energy consumed in the Principality (about 187.6 GWh/year).

Many buildings located on the coast benefit from this reversible system, for heating in winter and air-conditioning in summer. These save the equivalent to 15,000 metric tons of oil per year.

The number of sea water heat pumps is expected to increase in the near future due to some on-going projects.