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Heat pumps in the United States: market potentials, challenges and opportunities, technology advances.

Number: 0222

Author(s) : MALHOTRA M., LI Z., LIU X., LAPSA M., BOUZA T., VINEYARD E.

Summary

The US heat pump market has been affected by the socioeconomic impacts of the COVID-19 pandemic. However, the Biden administration’s goal of net-zero greenhouse gas emissions by 2050 through electrification and clean energy technologies is accelerating the research, development, and deployment of heat pumps in the United States for improved energy performance, reduced greenhouse gas emissions, and wider adoption. The US heat pump market has experienced steady growth since 2010. In 2020, heat pumps surpassed gas furnace shipments for the first time, and the trend maintains through 2022. The current priority is to improve the affordability of energy and equitable access to heat pump technologies through cost reductions and further accelerate this trend. In addition, current R&D includes emphases on alternative refrigeration technology and lower–global warming potential refrigerants to reduce direct emissions. Heat pump market share is expected to grow as regulatory policies and financial incentives steer the building sector toward decarbonization. This paper reviews policies and market trends, discusses the challenges and opportunities in the current policy landscape, and reviews current research in the United States.

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Format PDF

Pages: 12 p.

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Details

  • Original title: Heat pumps in the United States: market potentials, challenges and opportunities, technology advances.
  • Record ID : 30031107
  • Languages: English
  • Subject: Figures, economy
  • Source: 14th IEA Heat Pump Conference 2023, Chicago, Illinois.
  • Publication date: 2023/05/15

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