Heat pumps can cool power prices

test

28 October 2026 • Supported by

Good morning! Heat pumps could do more than just keep your home cozy this winter. According to a new RMI study, some states have enough room on their grids to add more electric home heating capacity — and doing so could actually help keep power bills from spiking. Alison F. Takemura breaks down why it’s possible.

Jeff St. John has the details on another report, this one detailing just how much the Trump administration’s pro-coal agenda is costing us. Taxpayer-funded incentives for coal plants are worsening public health, driving up power bills, and exacerbating climate change, according to the Environmental Defense Fund.

NEW FROM CANARY MEDIA

UPCOMING EVENT

TODAY'S TOP NEWS

EMISSIONS

• The EPA formally proposes rolling back Biden-era regulations governing methane emissions from the oil and gas industry. (Associated Press)

NUCLEAR

• The DOE announces a conditional loan of up to $5 billion for Constellation Energy to upgrade its nuclear fleet in Illinois, Maryland, and Pennsylvania. (news release, Bloomberg)

GRID

• The DOE closes a $5.1 billion loan for Alliant Energy to expand gas power generation and battery storage, improve its existing generation facilities, and strengthen grid reliability across Iowa and Wisconsin. (news release)

• The North American Electric Reliability Corp.’s board of trustees votes to adopt reliability standards for data centers, crypto mining facilities, and other large computational loads. (Utility Dive)

• GE Vernova will buy high-voltage electrical equipment manufacturer Trench Group in a $9 billion deal as the company looks to meet rising demand for grid infrastructure. (Reuters)

STORAGE

• BloombergNEF revises its predictions for U.S. energy storage deployment, suggesting the country will install 30% more battery storage over the next decade than it predicted just six months ago. (Utility Dive)

CLEAN ENERGY

• The Maryland Energy Administration opens up a $200 million grant program to benefit solar, wind, and battery storage projects that have already taken some steps toward development. (WYPR)

SOLAR

• More than 100 Congress members demand that the Trump administration restore $7 billion in withheld Solar for All funding. (news release)

ELECTRIC VEHICLES

• General Motors plans to invest $750 million, including $500 million from a restructured federal grant, to build hybrid versions of three popular crossover models at a plant in Lansing, Michigan. (Automotive News)

UPCOMING EVENT

Canary Media is an independent, nonprofit newsroom covering the transition to clean energy and solutions to the climate crisis. Donate to support us.