In June 2009, the State Water Resources Control Board issued a draft policy on the use of ocean water for power plant cooling, which effectively requires generation units using once - through cooling (OTC) to
undertake substantial investment, which means refitting their cooling systems or repowering, or to retire.
In providing a production tax credit to stimulate the construction of projects using advanced technologies, the credit's duration is key to encouraging companies and their lenders to
undertake the substantial investments and build an industry over time.
Not exact matches
Governments have also acknowledged that this is an extremely significant
undertaking that will require
substantial investment.
At an organizational level, modelling work
undertaken as part of the UK Foresight study on Mental Capital and Well - being suggests that
substantial economic benefits that could arise from
investment in stress and well - being audits, better integration of occupational and primary health - care systems and an extension in flexible working hours arrangements (Foresight Mental Capital and Wellbeing Project, 2008).