News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Akron Children's Hospital


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Environment


One paragraph in one bill could shut down alternative energy in Ohio
Critics say the energy standards freeze includes a 'nuclear bomb' for investors
by WKSU's ANDY CHOW


Reporter
Andy Chow
 
Sen. Troy Balderson sponsored the freeze, which critics say will chase away investors.
Courtesy of State of Ohio
Download (WKSU Only)
In The Region:

Advocates for alternative energy are voicing their opinion on a provision that was slipped into the most recent version of the energy standards freeze bill. As Statehouse correspondent Andy Chow reports, they fear it could dramatically change the energy landscape in Ohio.

LISTEN: Putting the freeze on alternative energy investment

Other options:
Windows Media / MP3 Download (3:10)


Experts say a clause in the energy bill would deliver a major blow to alternative energy investment in Ohio.

“It is essentially a nuclear bomb to all renewable development and projects in this state moving forward,” says Jereme Kent. He’s the general manager of Findlay-based One Energy, which helps develop renewable projects for private customers

He’s worried about a complicated provision that would affect contracts signed after the energy standards freeze passes. He says it could void those contracts on future energy projects if lawmakers decide to change the energy law again down the road.

According to Kent, that would make Ohio very unattractive in the eyes of potential investors.

Developers will say no way
“There’s not a developer out there who’s going to sign that—there’s not a developer out there’s who’s going to invest $100 million or half a billion dollars when they know that it’s subject to future legislative changes. And it’s a burden that’s never been placed on any technology anywhere in the U.S. as best I can find right now.”

Dayna Baird Payne is a lobbyist for the American Wind Energy Association, which represents companies that might be thinking about investing in Ohio. That includes two wind farms that already invested more than $775 million in the state.

Baird Payne, who says these contracts are often long-term agreements, believes the bill sends a bad message to energy developers around the country.

‘Ohio might not be a good place to do business’
“I mean there are many provisions in the bill that actually send that signal, but this one is probably one of the more blatant signs of why Ohio might not be a good place to do business if you’re in the renewable energy industry.”

Baird Payne adds that this means the government would be interfering between two private parties trying to reach a contract agreement.

It’s not completely out of the realm of possibility that lawmakers could revisit this issue—repeatedly—in the future. That’s what Republican Sen. Bill Seitz from Cincinnati indicated last year when he was asked if changing the law messes with the long-term business plans of alternative energy companies.

A new business plan
“You show me a business that adopted a 20-year business plan in 2008 and never revises it over the next 20 years and I’ll eat my hat. This is what happens all the time in the real world. Plans—be they business plans or government plans—are constantly being revised to account for changes in circumstances that have occurred in that time.”

In the months it took to debate this issue in the Senate, supporters insisted the bill would do nothing to impact current contracts. But Kent says this provision means that won’t be the case if and when the Legislature tries to change the law again.

“This single paragraph is worse than cancelling the RPS overall because it means that wind and other technologies that are renewable technologies cannot even compete without having this clause in there and this clause is an absolute showstopper for any sort of project financing.”

The sponsor of the bill, Republican Sen. Troy Balderson of Zanesville, could not be reached for comment.

 

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

U.S. Postal Service plans to close its sorting center in Akron
May as well close the center. I don't understand why they didn't do away with saturday mail a long time ago. We don't get our mail until sometimes 8pm, and in ...

The postal workers union is challenging mail-sorting closures in Ohio
Do not close the akron facilaty for mail processing. This will severly deminish mail service to the northeast ohio area, Cleveland can not handle this burden.

Cuyahoga Valley National Park OK's sharpshooters to thin deer herds
In this article you mention that the Mule Deer Foundation is a "hunting group" in reality the Mule Deer Foundation is a conservation group that is over 25 years...

Clarence Bozeman: In the driver's seat of history
I believe he was a teacher of mine as James Ford Rhodes. My favorite teacher of all time! Loved learning this part of his amazing history.

Cleveland RTA is moving Public Square bus stops beginning this week
I am very confused. Why are you taking one or more of the park and ride 246 out of service in the morning. I looking over the new schedule I see that there ar...

Canton school board will vote Wednesday on its high school merger
Great to see that THE REPOSITORY is advising a 'no' vote for now! Another point, besides all the Very accurate points already made against this move is the fac...

Some parents opting their students out of Common Core test
I am an 8th grader at a school in Allen County. I have just recently taken the ELA performance based assessment and found it extremely difficult. It asked me a ...

Fallout from the Ohio Supreme Court Munroe Falls ruling
The comment by Nathan Johnson from OEC is confusing. Instead of cities being 'emboldened' to craft zoning laws that were just stricken down by this ruling, comm...

Stopping sediment dumping in Lake Erie
Ah, yes, the Army Coro of Engineers, the geniuses that designed the levee system in New Orleans that has made the flooding worse due to no sediment reaching the...

Ohio charter school critic says reform bills are a good step
The cold truth is that these charter schools are offering services beyond the what the state tests can guage. Parents and students have a choice and they are ch...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University