California Forms New Public-Private Partnership to Install 6 Million HPs by 2030

On May 29, 2024, the California Heat Pump Partnership (CAHPP) officially launched with its first convening to bring together state agencies, manufacturers representing more than 90% of the U.S. consumer heat pump market, utilities, and other market actors to help achieve the state’s goal to install six million electric heat pumps by 2030. Launched with a shared vision to catalyze a decarbonized and sustainable future, the public-private partnership will drive forward a clean energy economy and advance California’s climate objectives by propelling widespread heat pump adoption through cross-sector collaboration and strategic partnerships. The activities are supported by the California Climate Commitment and Federal Inflation Reduction Act (IRA), which combined will provide US$ 1.5 billion for efforts to reduce CO2 emissions from buildings.