Geothermal Heat Pump Shipments to Double in Volume by 2017

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, and institutional building owners, geothermal heat pumps exploit the nearly constant temperatures found just beneath the ground.  While cost and lack of consumer awareness remain primary obstacles to increased adoption, tax incentives and policies supporting building efficiency improvements are helping to drive dramatic growth in the heat pump market.

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