diff --git a/docs/owl.js b/docs/owl.js
index 02d65d35e..333411d15 100644
--- a/docs/owl.js
+++ b/docs/owl.js
@@ -4839,10 +4839,10 @@ function parseNode(node, ctx) {
         parseTCall(node, ctx) ||
         parseTCallBlock(node) ||
         parseTEscNode(node, ctx) ||
+        parseTOutNode(node, ctx) ||
         parseTKey(node, ctx) ||
         parseTTranslation(node, ctx) ||
         parseTSlot(node, ctx) ||
-        parseTOutNode(node, ctx) ||
         parseComponent(node, ctx) ||
         parseDOMNode(node, ctx) ||
         parseTSetNode(node, ctx) ||
@@ -5032,9 +5032,6 @@ function parseTEscNode(node, ctx) {
             content: [tesc],
         };
     }
-    if (ast.type === 11 /* TComponent */) {
-        throw new OwlError("t-esc is not supported on Component nodes");
-    }
     return tesc;
 }
 // -----------------------------------------------------------------------------
@@ -5476,19 +5473,21 @@ function normalizeTIf(el) {
  *
  * @param el the element containing the tree that should be normalized
  */
-function normalizeTEsc(el) {
-    const elements = [...el.querySelectorAll("[t-esc]")].filter((el) => el.tagName[0] === el.tagName[0].toUpperCase() || el.hasAttribute("t-component"));
-    for (const el of elements) {
-        if (el.childNodes.length) {
-            throw new OwlError("Cannot have t-esc on a component that already has content");
-        }
-        const value = el.getAttribute("t-esc");
-        el.removeAttribute("t-esc");
-        const t = el.ownerDocument.createElement("t");
-        if (value != null) {
-            t.setAttribute("t-esc", value);
+function normalizeTEscTOut(el) {
+    for (const d of ["t-esc", "t-out"]) {
+        const elements = [...el.querySelectorAll(`[${d}]`)].filter((el) => el.tagName[0] === el.tagName[0].toUpperCase() || el.hasAttribute("t-component"));
+        for (const el of elements) {
+            if (el.childNodes.length) {
+                throw new OwlError(`Cannot have ${d} on a component that already has content`);
+            }
+            const value = el.getAttribute(d);
+            el.removeAttribute(d);
+            const t = el.ownerDocument.createElement("t");
+            if (value != null) {
+                t.setAttribute(d, value);
+            }
+            el.appendChild(t);
         }
-        el.appendChild(t);
     }
 }
 /**
@@ -5499,7 +5498,7 @@ function normalizeTEsc(el) {
  */
 function normalizeXML(el) {
     normalizeTIf(el);
-    normalizeTEsc(el);
+    normalizeTEscTOut(el);
 }
 /**
  * Parses an XML string into an XML document, throwing errors on parser errors
@@ -5552,7 +5551,7 @@ function compile(template, options = {}) {
 }
 
 // do not modify manually. This file is generated by the release script.
-const version = "2.1.4";
+const version = "2.2";
 
 // -----------------------------------------------------------------------------
 //  Scheduler
@@ -5985,6 +5984,6 @@ TemplateSet.prototype._compileTemplate = function _compileTemplate(name, templat
 export { App, Component, EventBus, OwlError, __info__, blockDom, loadFile, markRaw, markup, mount, onError, onMounted, onPatched, onRendered, onWillDestroy, onWillPatch, onWillRender, onWillStart, onWillUnmount, onWillUpdateProps, reactive, status, toRaw, useChildSubEnv, useComponent, useEffect, useEnv, useExternalListener, useRef, useState, useSubEnv, validate, validateType, whenReady, xml };
 
 
-__info__.date = '2023-07-18T14:07:26.565Z';
-__info__.hash = '836e12b';
+__info__.date = '2023-07-19T13:22:24.480Z';
+__info__.hash = '2e07799';
 __info__.url = 'https://github.com/odoo/owl';
diff --git a/package-lock.json b/package-lock.json
index f02e8b976..a8578ca9e 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,6 +1,6 @@
 {
   "name": "@odoo/owl",
-  "version": "2.2",
+  "version": "2.2.1",
   "lockfileVersion": 1,
   "requires": true,
   "dependencies": {
diff --git a/package.json b/package.json
index 975f3a203..1163cc341 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@odoo/owl",
-  "version": "2.2",
+  "version": "2.2.1",
   "description": "Odoo Web Library (OWL)",
   "main": "dist/owl.cjs.js",
   "module": "dist/owl.es.js",
diff --git a/src/version.ts b/src/version.ts
index b9616cbf4..757a85dcf 100644
--- a/src/version.ts
+++ b/src/version.ts
@@ -1,2 +1,2 @@
 // do not modify manually. This file is generated by the release script.
-export const version = "2.2";
+export const version = "2.2.1";