Grid Cost and Total Emissions Reductions Through Mass Deployment of Geothermal Heat Pumps for Building Heating and Cooling Electrification in the United States presents the benefits of a study on the potential grid impacts of national-scale mass deployment of geothermal heat pumps coupled with weatherization in single-family homes including wholesale payments for electric grid services reducing by at least $300 billion through 2050.
Oak Ridge National Laboratory, 2023