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Robert Metcalfe
@rmetcalfe.bsky.social
Economist, prof at Columbia University. NBER, J-PAL, Centre for Net Zero (Octopus Energy Group). Co-editor: Journal of Public Economics. 1st gen, 🏴󠁧󠁢󠁷󠁬󠁳󠁿 www.rmetcalfe.net/
1.3k followers195 following71 posts
RMrmetcalfe.bsky.social

Very excited to release this paper today. By using a staggered roll-out of heat pumps in the UK, we find that: 1. Heat pumps reduce households’ total energy use by a whopping 40%, and carbon emissions by 36%, evidencing the real-world impact of their superior efficiency over gas boilers.

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Do you take a look at the grid efficiencies, T&D losses, heat rates, etc?

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MZmarkzecwrites.bsky.social

I do love our electric heat pump. With our solar panels, it has a double benefit -- "free" electricity (we had to pay for the panels, of course) to power it, and no more $125/month propane bill. Propane is just used for our tankless water heater now (a minimal amount).

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Cchrisincal.bsky.social

My new place in SD got a tiny heat pump HVAC mini-split when I moved in two years ago. The house has a small number of solar panels. Electricity has been nearly free for the last two years. I'm running AC today in the heat. I run heat a bit in the winter. The efficiency is working.

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RMrmetcalfe.bsky.social

2. Time-of-use pricing for heat pumps is very effective at shifting demand, halving consumption during the evening peak and reducing annual consumer bills by 18% compared to standard tariff.

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AAashisharora.bsky.social

how do these compare with engineering estimates?

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Ebiknmusicmama.bsky.social

I have been waffling on this and it seems like a great piece of info!!! Not just different energy, much LESS energy

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RM
Robert Metcalfe
@rmetcalfe.bsky.social
Economist, prof at Columbia University. NBER, J-PAL, Centre for Net Zero (Octopus Energy Group). Co-editor: Journal of Public Economics. 1st gen, 🏴󠁧󠁢󠁷󠁬󠁳󠁿 www.rmetcalfe.net/
1.3k followers195 following71 posts