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Western Heat Wave Tests California’s Clean Grid Transition

GreenTechMedia

this weekend will push California’s grid to the limits, as the state charts a course to eliminating fossil fuel power. The desert environment won’t cool down much at night, so air conditioning load is expected to crank continuously. ” And solar production dips partway through the evening peak. "We

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Inflation Reduction Act Activation Guide: Building Energy Efficiency

EDF + Business

Building Energy Efficiency Inflation Reduction Act Activation Guide Download Guide Produced by EDF in collaboration with Companies with high energy footprints are most likely to benefit from the IRA’s credits and deductions for energy saving building technologies. sq ft to sliding scale of $2.50-$5.00

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Inflation Reduction Act Activation Guide: Renewable Energy Procurement

EDF + Business

Decreased Renewables Cost: Levelized Cost of Electricity (LCOE) to project sponsors is expected to decrease by 40-60%, which will likely result in cost reductions for commercial electricity users. Notes: PTC stands for Production Tax Credit. ITC stands for investment tax credit. Sources: Deloitte Analysis, H.R.5376

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Major Climate Bill Recommits Massachusetts to Climate Goals

Energy and Cleantech Council

The 2050 goal itself had already been adopted by the secretary of energy and environmental affairs under preexisting law. Not surprisingly, many of the levers the new act pulls are embedded within familiar state energy policies. The act makes several changes to net metering. or otherwise shake things up.

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? The nuts and bolts of grid tech

Climate Tech VC

For a 2050 net-zero future, we’ll need an electricity grid large enough that its untangled cables would be long enough to stretch all the way to the sun.    Last week, we got in tune with power markets to set the stage for a reliable, resilient, and decarbonized grid.

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? $32bn and 30% drop as market hits pause in 2023

Climate Tech VC

🚗 Vertical: Transportation and Energy investment declined, but remained on top. The market is still warm, but cooling. Jury is out on whether investment will keep cooling or heat back up. Redwood Materials received a $2bn loan from the US Department of Energy in Feb 2023.

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Inflation Reduction Act Activation Guide: Climate-Smart Agriculture

EDF + Business

Key Takeaways IRA adds $2 billion of funding to REAP in the next decade and increases grant share to 40% for all projects starting in 2023 Covers a variety of renewable energy and energy efficiency technologies such as wind, solar, biomass (incl. biomass, anaerobic digester, wind, solar) Energy Efficiency Investments (e.g.,