New Report Shows the Effects of Ohio Resuming Its Renewable Energy Standards

Ohio's renewable energy standards are again in play, following Gov. John Kasich's veto of a Statehouse-approved continuation of the freeze on those standards. And thanks to Kasich's decision, we can now get back to discussing what lies ahead for the state's energy production and, inevitably, business development. 
A new report from the National Renewable Energy Laboratory and the Lawrence Berkeley National Laboratory outlines, generally, how the benefits of renewable portfolio standards (RPS) outweigh the costs. Ohio is back on the list of 29 states that currently enforce an RPS, and, even if standards remain the same from this point on, the U.S. will use renewable energy sources for 26 percent of electricity generation by 2030 and 40 percent by 2050. If more states join the RPS trend — and if standards strengthen — the ratio becomes bolder.
In Ohio, after two years of the RPS being "frozen," 2017 will show us how state law impacts energy production and consumption.