Ray Fakhoury

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How Advanced Energy Can Save Money for Ohioans

Posted by Ray Fakhoury on Sep 22, 2016 3:43:38 PM

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Ohio’s electricity system is at a crossroads. The freeze of the renewable portfolio standard (RPS) and the energy efficiency resource standard (EERS) implemented by SB310 in 2014 will be lifted on January 1, 2017. Over the last two years, policy uncertainty has undermined investment in Ohio’s advanced energy industry. Meanwhile, utilities are warning of closures to uneconomic plants, which would leave customers exposed to reliability issues and rate hikes. To provide a data-driven perspective on Ohio’s energy challenges, AEE Institute has published a report assessing four possible scenarios for meeting the state’s energy needs and ensuring reliability. This analysis, which is based on the use of AEE Institute’s modeling tool, shows that Ohio can chart a long-term energy strategy that promotes affordable and reliable power by taking advantage of cost-competitive advanced energy technologies, while also benefiting the state’s economy.

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Topics: State Policy

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