A new deal for roughly half a million ratepayers in Northeast Ohio will provide more clean energy in the wake of FirstEnergy’s decision to back out of a community aggregation agreement.
While Ohio’s energy efficiency standards for utilities remain frozen by the legislature, a federally funded program continues to help homeowners in the state cut their energy costs.
FirstEnergy told Ohio regulators this week that more than $200 million in annual charges wasn’t nearly enough to prop up the company’s credit rating.
The Ohio legislature resumes hearings today and tomorrow on a bill to further weaken and delay any further enforceable obligations under the state’s clean energy standards.
An Ohio lawmaker who played a key role in tripling property line setbacks for wind turbines wants regulators to adopt strict rules when implementing the setbacks and other provisions for new commercial wind farms, which industry experts say are already essentially banned in the state.
A proposed offshore wind farm in Lake Erie will have a minimal impact on wildlife, according to an environmental consultant who says it’s “the lowest-risk project I’ve ever worked on.”
With the fate of the state’s clean energy standards and the federal Clean Power Plan still unsettled, utility, fossil fuel and nuclear energy interests have spent almost $3 million in reported contributions for Ohio political campaigns this year through October.
While utilities in Ohio, New York and elsewhere have sought “around market” charges after affiliated coal and nuclear plants became less competitive, Germany’s large utilities are charting new paths forward as that country curbs its reliance on fossil fuels.
A new charge ordered by Ohio regulators last week could add up to $1 billion into FirstEnergy’s coffers without requiring the company to do any specific work in return.
As political discussions in the U.S. focus on the future of fossil fuel industries, an event in Ohio last week explored a future with no fossil fuels at all.