CNET
Summary
A report from the Department of Energy's Geothermal Technologies Office estimated a market potential for 28 million geothermal heat pumps nationwide by 2050, and that doesn't include more than 17,000 district heating systems, in which one system can heat an entire neighborhood.
Geothermal heat pumps, which cost quite a bit more to install but can operate more efficiently. It's in this technology where the heat pump startup Dandelion sees the future. Dandelion CEO Dan Yates compared it to the transition from gas-powered cars to electric vehicles.
"It's the same transition for heat that we need to make," Yates told CNET. "The solution is heat pumps, and there isn't yet a Tesla of heat pumps. Dandelion is leading the charge to say that a Tesla of heat pumps is going to be a geothermal company."
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