New Ohio Energy Law Impairs Competition, Reverses History
Law360 (August 19, 2019, 1:39 PM EDT) -- On July 23, 2019, Ohio’s governor signed legislation that will dramatically alter the state’s energy environment, with changes that will directly conflict with the wholesale competitive electricity market that has existed in Ohio for the last 20 years.
Among other things, the new legislation will subsidize four uncompetitive electricity-producing nuclear and coal plants, remove financial incentives to build more renewable energy projects in Ohio and essentially cancel efforts to help customers use less electricity though energy efficiency programs.
Since 1999, Ohio has participated in a restructured electricity market, to take advantage of the wholesale competitive electricity market that was developed by...
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