Ohio Suspends Its Renewable Energy Targets
A bill passed by the state legislature puts renewable portfolio standards on hold for two years so that a commission can take a closer look
Ohio lawmakers have passed legislation that puts on hold requirements that utilities gradually increase the amount of renewable sources in their energy mix. The measure, which the governor is likely to sign, gives a study commission two years to look into the issue.
Backers of the bill objected to renewable portfolio standards requiring utilities to purchase 25% of their power from renewable sources (including nuclear) sources by 2025.
Opponents said the portfolio standards would make electricity more expensive and argued that renewable sources of energy should compete on their own with fossil fuels.
The bill doesn’t do away with renewable energy requirements altogether, only puts them on hold. According to a report posted at utilitydive.com, the renewable energy targets will resume in two years unless lawmakers come up with another approach.
A San Francisco-based group called SCRECTrade, among others, opposed the bill and said the actual cost to Ohio ratepayers for the renewable portfolio standards would be less than $5 per household per year, SolarServer.com reported.
The original law was passed in 2008.
Jun 11, 2014 4:20 PM ET
Jun 12, 2014 10:37 AM ET