Electric Utility Benefits

 

Electric utilities are very interested in geothermal heat pump technologies, because they help with both current and future utility concerns.

One concern is the steady growth of electric system peak loads, and the impact on power generation equipment utilization factors. Properly applied, the higher efficiencies of geothermal heat pumps reduce electricity consumption during both summer and winter peaks.

Second, geothermal heat pumps have reduced environmental effects and lower operating costs compared to conventional alternatives. This helps utilities retain load or strategically build load with attractive load-factor characteristics.

Finally, most commercial or large residential geothermal heat pump systems have zonal heating and cooling capabilities. This further improves energy efficiencies, which improves utility load factors and benefits society as a whole.

In short, geothermal heat pump systems offer a classic win-win situation for everyone involved.