> If you get a nasty February ice storm that cuts a power line, you can be without electric power in 0F weather for up to 5 days. I guess people can install natural gas generators for that occurrence
Why would they? They already have one. They don't have to rip it out just because they get a heat pump. Heat pumps don't go where the furnace is.
> I am not sure if heat pumps can work off regular gas powered portable generators that people usually use for emergency power.
Depends on the generator, although some heat pumps run on 120 V. More often they're like central air conditioners, washing machines, and stoves, and run on split-phase 240 [1]. 240 V generators are not as common as 120 V, but they are still very easy to find: https://www.homedepot.com/p/318061554
[1]: your house gets 2 "hot" (one positive voltage, one negative) wires and 1 neutral, with most things connected between neutral and a hot wire, with a ground to check for shorts. High power (anything over 1.4 kW) appliances get a NEMA connector between the two hot wires, and a ground to check for shorts.