Full Title: Trendline: Building Electrification
Author(s): Nish Amarnath, Ari Gold-Parker, Dan Aas, Arne Olson, Amber Mahone, Ysabelle Kempe, and Joe Burns
Publisher(s): Utility Dive
Publication Date: June 7, 2024
Full Text: Download Resource
Description (excerpt):
Federal, state and local agencies are adopting policy measures and providing funding to help drive building electification. A report by commercial real estate developer JLL found the U.S. will need to triple its building retrofit rate to meet decarbonization targets.
As part of that drive, the use of heat pumps and other advanced building heating and cooling technologies is expanding. Such efforts face concerns, however, about the cost and complexity of retrofits, the technology’s performance in cold climates, and the impact on the electrical grid if adopted widely.
In addition, some industry groups are challenging policy measures that aim to increase building electrification, most notably bans on natural gas hookups in new construction.
The following trendline looks at these and other recent developments around building electrification.