Heat Pump Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
TT | A | Trane Technologies plc | 1.37 | |
LII | A | Lennox International, Inc. | 4.11 | |
MOD | B | Modine Manufacturing Company | 5.15 | |
LXU | C | LSB Industries, Inc. | 1.41 |
Related Industries: Auto Parts Chemicals Diversified Industrials Specialty Industrial Machinery
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
XHB | D | SPDR Homebuilders ETF | 7.42 | |
GK | A | AdvisorShares Gerber Kawasaki ETF | 5.6 | |
PEZ | B | PowerShares Dynamic Consumer Discretionary | 5.48 | |
FCTE | D | SMI 3Fourteen Full-Cycle Trend ETF | 5.41 | |
NETZ | A | Engine No. 1 Transform Climate ETF | 5.3 |
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- Heat Pump
A heat pump is a device that transfers heat energy from a source of heat to what is called a thermal reservoir. Heat pumps move thermal energy in the opposite direction of spontaneous heat transfer, by absorbing heat from a cold space and releasing it to a warmer one. A heat pump uses external power to accomplish the work of transferring energy from the heat source to the heat sink.
The most common design of a heat pump involves four main components – a condenser, an expansion valve, an evaporator and a compressor. The heat transfer medium circulated through these components is called refrigerant.While air conditioners and freezers are familiar examples of heat pumps, the term "heat pump" is more general and applies to many heating, ventilating, and air conditioning (HVAC) devices used for space heating or space cooling. Heat pumps usually can be used either in heating mode or cooling mode, as required by the user. When a heat pump is used for heating, it employs the same basic refrigeration-type cycle used by an air conditioner or a refrigerator, but in the opposite direction – releasing heat into the conditioned space rather than the surrounding environment. In this use, heat pumps generally draw heat from the cooler external air or from the ground. Heat pumps can also be used in district heating and are a main element of cold district heating systems.
Heat pumps are also increasingly used to heat domestic hot water.
Heat pumps are significantly more energy efficient than simple electrical resistance heaters. The efficiency begins to decrease as the temperature difference between the heat source and sink increases. This loss of efficiency due to a fluctuating outdoor air temperature is a driving factor for the use of ground source heat pumps. The typical installation cost is also higher than that of a resistance heater. See § Performance considerations.
When discussing heat pump efficiencies, the following terms are commonly used: coefficient of performance (COP), seasonal coefficient of performance (SCOP) and seasonal performance factor (SPF). The higher the number, the more efficient a heat pump is, the less energy it consumes, and the more cost-effective it is to operate. There are several factors that will affect the efficiency of a heat pump, such as auxiliary equipment, technology, size and control system, but also temperature and humidity conditions: the efficiency drops when the temperature difference increases or when freezing can occur.
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