Also, if the power plant is integrated into a CHP system to heat nearby households then generation gets back some percent.
Methane leaks are much more environmentally damaging than often appreciated because methane is such a potent greenhouse gas.
Converting gas heat to heat pumps, even if they have a gas heat backup for worst case days in northern latitudes, would still be a big win in the net environmentally.
Our leaders have lost their minds pursuing green purity. It's a religion at this point.
And for the other 99.99% of the time the heat pump is so much cheaper to run it’s not funny - and in the long run you save even more when you’re not paying for all that gas infrastructure to be installed and maintained.
Rationally speaking we can only turn the ship as fast as it can turn. Rushing and forcing things to happen that do not have a solid foundation (i.e. a suitable large and reliable grid) are just going to cause problems.
Repalce heat pumps with gas furnaces and you have an equally true sentence, if "the grid" is the gas grid.
Gas usage also spikes on those cold days. You know what people do to prevent this being an issue? Storage. Nothing you couldn't also do with electric power.
[1] https://www.prnewswire.com/news-releases/rheem-heat-pump-sur...
For those relatively few people living in places which get even colder than that, there's the option of either ground loop heat pumps, or more pragmatically propane burners for the very few nights of the year that are super-cold.