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Looming Grid Shortfall Prompts 2.5GW California Procurement Proposal

GreenTechMedia

The proposal could also allow hundreds of megawatts of seawater-cooled gas plants, known as OTC plants, to keep running past their 2021 retirement dates, if the reliability shortfall it fears can’t be met by other means.

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The Inflation Reduction Act is signed into law

Smart Energy International

Specifically, rebates would be provided for “a high-efficiency electric home” in the amount of $1,750 for a heat pump water heater, $8,000 for a heat pump space heating and cooling and $840 for electric stoves and cooktops. Energy Transitions Podcast: Weighing the future of nuclear power in Europe. Transmission.

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