Geothermal Heat Pump News

Geothermal Heat Pump Installations Represent 1% of Heating and Cooling Market

Global Information, Inc. presents a new market research report, "Geothermal Heat Pumps and Direct Use" by Pike Research. Direct use of geothermal, primarily heat pumps, is on the rise as demand for electricity expands worldwide and energy prices increase. Geothermal heat pumps provide an efficient and reliable option for residential commercial ...

Aug. 5, 2011

By Global Information, Inc. (GII)

WaterFurnace Introduces 5 Series Geothermal Heat Pump System

WaterFurnace International, Inc., a leading manufacturer of residential and commercial geothermal and water source heat pumps, introduces the 5 Series, an upgrade to the popular Envision® product line that delivers whole-home comfort at efficiencies that are among the world's highest. The 5 Series 500A11 combines forced air heating and air conditioning and generates a portion of a home's hot ...

Mar. 16, 2012

New category of geothermal heat pumps can now earn the Energy Star

The U.S. Environmental Protection Agency is announcing new requirements for residential geothermal heat pumps (GHPs), enabling water-to-water geothermal heat pumps to earn the Energy Star label for the first time. EPA’s stringent specifications for this new category of geothermal heat pumps will help protect the environment and reduce energy costs, because GHPs that meet the new standards will be ...

Dec. 15, 2009

By US EPA - Environmental Protection Agency

Geothermal heat pumps will surpass $17 billion in annual revenue by 2020

Geothermal heat pumps will surpass $17 billion in annual revenue by 2020 Geothermal heat pump (GHP) systems – sometimes referred to as ground source heat pumps – are a growing part of the worldwide movement toward using renewable energy sources for building heating and cooling. Harnessing moderate and constant temperatures just below the Earth’s surface, GHP systems play a vital ...

Jul. 18, 2013

By Navigant Consulting, Inc. (NCI)

MarketReportsOnline: Global Geothermal Power and Heat Pump Market Outlook

MarketReportsOnline announces it will carry Global Geothermal Power and Heat Pump Market Outlook Market Research Report in its store. Browse the complete Report on: ...

Mar. 14, 2011

NGWA offers one-day geothermal heat pump well construction course

Water well contractors interested in entering the geothermal heat pump well construction market can take a one-day course on June 20 in Muncie, Indiana, offered by the National Ground Water Association (NGWA).Geothermal well construction generally uses the same equipment and requires many of the same skills used by water well contractors. However, some additional training is needed as well as new ...

May 14, 2009

By National Ground Water Association (NGWA)

Installed Capacity of Geothermal Heat Pumps Will Grow by Nearly 150 Percent by 2020

Geothermal heat pump (GHP) systems, which harness moderate and constant temperatures just below the Earth’s surface, are being deployed in nearly every region of the world and in residential, commercial, institutional, and industrial environments with great success. Despite recent setbacks in deployments in many parts of the world due to the economic downturn, the future looks bright for ...

Nov. 13, 2013

By Navigant Consulting, Inc. (NCI)

Geothermal Heat Mining Promises Abundant, Cheap Energy

CAMBRIDGE, Massachusetts - Mining the heat that resides as stored energy in the Earth's hard rock crust beneath the United States could supply a substantial portion of the electricity the country will need in the future, probably at competitive prices and with minimal environmental impact, new research shows. Sponsored by the U.S. Department of Energy, the study is the first in 30 ...

Jan. 23, 2007

By Environment News Service (ENS)

Groundwater industry opportunities in geothermal heating/cooling subject of NGWA conference

Increasing public demand for reduced fossil fuel consumption is creating growing business diversification opportunities with geothermal heating and cooling systems, according to presentations scheduled for the National Ground Water Association's 'Geothermal and Horizontal Drilling Forum,' August 25-25, 2008 in Columbus, Ohio. Using vertically drilled earth boreholes to connect heat pumps is a ...

Aug. 4, 2008

By National Ground Water Association (NGWA)

Geothermal heating and cooling systems subject of new Google startup

A geothermal heating and cooling company that began in a “moonshot factory” started by Google became its own company on July 6. Dandelion Energy Inc. is the name of the stand-alone company coming out of Google’s Alphabet Moonshot Factory. The factory, formerly known as Google X, is an innovation engine that incubates new technical and scientific projects ...

Jul. 14, 2017

By National Ground Water Association (NGWA)

Secretary Chu announces nearly US$50m of recovery act funding to accelerate deployment of geothermal heat pumps

During a visit to Fort Wayne, Indiana, where he toured a manufacturer of geothermal heating pumps (GHPs), U.S. Energy Secretary Steven Chu today announced nearly $50 million from the American Reinvestment and Recovery Act to advance commercial deployment of the renewable heating and cooling systems, which use energy from below the Earth's surface to move heat either into or away from the home or ...

Jun. 2, 2009

By US Department of Energy

Statement by energy Secretary Steven Chu on groundbreaking for geothermal heat pump at the Colorado State Capitol

"Today's announcement is another example of how the Recovery Act is benefiting Colorado and states across the country. This project will help save taxpayers money, reduce our dependence on foreign oil, and support Colorado's role as a leader in the clean energy economy of the future," said U.S. Energy Secretary Steven ...

Oct. 26, 2010

By US Department of Energy

Architects and engineers course on geothermal heat pump systems slated for April 11 in Chicago

A one-day course for architects and engineers, “Performance, Design, and Specification of Geothermal Heat Pump Systems for Schools and Commercial Buildings," will be offered April 11 in Chicago by the National Ground Water Association (NGWA). The American Institute of Architects (AIA) registered course offers participants 6 LU/HSW/SD in continuing education. The course examines: ...

Feb. 22, 2011

By National Ground Water Association (NGWA)

Growing Use of Geothermal Heat Pumps Will Enable Electricity Load-Balancing and Energy Management, According to Pike Research

Because the Earth maintains a constant temperature just 10 feet below the surface, systems that use shallow heat to control building temperatures above ground represent an easily accessible resource that can be deployed almost anywhere in the world.While the use of geothermal heat pumps and other forms of direct-use geothermal applications still make up a ...

Nov. 7, 2011

Geothermal Heat Pump Shipments to Double in Volume to 326,000 Units Annually in the United States by 2017, Forecasts Pike Research

Geothermal heat pumps and the direct utilization of geothermal resources represent a fast-growing alternative in the heating and cooling market.As demand for electricity expands throughout the world and energy prices increase, the direct use of geothermal, led primarily by heat pumps, is on the rise.An efficient and reliable option for residential, commercial, ...

Jul. 26, 2011

Global Geothermal Power and Heat Pump Market Offering a Promising Growth Rate Of 14% by 2015

The global geothermal energy market including power generation and direct use in terms of installed capacity is expected to grow from 61,200 MW in 2010 to 120,300 MW in 2015 at an estimated CAGR of 14% for the same period. Europe leads the geothermal market with a share of 37% followed by Americas and Asia with 32% and 27% share respectively for geothermal energy supply. Browse ...

Dec. 24, 2010

EnLink Wins $3.8 million Award to Build Part of Largest U.S. Geothermal Heat Pump System at Ball State University

EnLink Geoenergy Services, a leading builder of geothermal heat pump (GHP) HVAC systems, announced today that it has won a $3.8 million contract for a portion of the award-winning Ball State University GHP system, the largest district heating and cooling system in the country. Ball State has won state and national awards ...

Nov. 1, 2011

By EnLink Geoenergy Services, Inc.

Geothermal: the dark horse of renewable energy

Geothermal energy is clean, quiet, virtually inexhaustible and able meet the world’s annual electricity and heating needs many times over with little impact on the climate or the environment. In many jurisdictions, geothermal energy is emerging as a reliable and affordable alternative to fossil fuels. This fourth article in the GLOBE-Net series on renewable energy discusses the dark horse of ...

Jan. 29, 2008

By British Columbia Environment Industry Association (BCEIA)

Geothermal: The dark horse of renewable energy

Geothermal energy is clean, quiet, virtually inexhaustible and able meet the world's annual electricity and heating needs many times over with little impact on the climate or the environment. In many jurisdictions, geothermal energy is emerging as a reliable and affordable alternative to fossil fuels. This fourth article in the GLOBE-Net series on renewable energy discusses the dark horse of ...

Jan. 23, 2008

By GLOBE SERIES

Best Geothermal Presentations of 2012 Announced

The Geothermal Resources Council (GRC) has announced the outstanding presentations from the global geothermal community for 2012. The judging was made in each of the technical sessions held in early October at the 36th GRC Annual Meeting inReno, the world’s largest annual geothermal event. The judging criteria included the technical content, the quality of the visual aids and the ...

Dec. 5, 2012

By Geothermal Resources Council

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