Environment
fromFast Company
5 hours agoHave electric heat? Here's how much you could save with heat pumps
Switching from electric resistance heat to heat pumps can save homeowners significant money and reduce CO2 emissions.
Meta's agreement with Entergy to build and finance seven new power plants in Louisiana will significantly enhance the energy infrastructure needed for its AI data center complex, Hyperion. The total of 10 power plants will provide enough energy to power over 5 million homes, representing a substantial increase in the state's grid capacity.
Fusion power seeks to use the energy released from the fusing of atoms to generate electricity. Humans have known how to fuse atoms for decades, from the hydrogen bomb to various fusion devices built in labs.
January 2026 showed just how violent this relationship can get: Henry Hub spiked to $30.72/MMBtu on January 23 - a near-tenfold surge - before collapsing to $3.13/MMBtu by February 23. Extreme winter heating demand and supply constraints drove that move - exactly what BOIL is built to capture on the upside, and what devastates holders on the way back down.
The US is leading a huge global surge in new gas-fired power generation that will cause a major leap in planet-heating emissions, with this record boom driven by the expansion of energy-hungry datacenters to service artificial intelligence, according to a new forecast. This year is set to shatter the annual record for new gas power additions around the world, with planned and under-construction projects earmarked for 2026 set to nearly triple the amount of existing gas capacity, a report by Global Energy Monitor (GEM) found.
Current energy prices, including the rising cost of electricity, mean that homeowners may experience higher heating bills by replacing their current heating systems with heat pumps-at least in some regions of the country. Heat pumps, which use electricity to move heat from the outside in, are used in only 14% of U.S. households. They are common primarily in warm southern states such as Florida where winter heating needs are relatively low.
Subzero temperatures don't pose a problem for heat pumps. The refrigerants used in the heat exchanger, which transfers heat from outside a building to inside, have an extremely low boiling point below minus 40 C. That means even when it's very cold, a heat pump can absorb ambient heat from the outside air and use it to warm a building.