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Lessons from inside the heat dome about the future of the electric grid

GreenBiz

Even without extreme weather events, the power grid needs love. The grid was largely built in the 1950s and 1960s with a 35- to 80-year life expectancy , meaning much of it should have been retired and replaced by now. All-electric HVAC systems are more efficient. Society of Civil Engineers’ quadrennial report card. .

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? US clean investment cleans up with $239bn #187

Climate Tech VC

Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  Zero emission vehicles (ZEV) led the charge, as YoY sales volume increased 52% to 1.4M vehicles, but price decreases tamped down overall investment growth to 30%.