OK, so not exactly the Northeast but close enough. More importantly, Ohio’s solar market is very similar to those of neighboring states in that it is premised upon a RPS solar carve-out. 0.5% of Ohio’s total electricity supply by 2024, that is; half of which must be derived from in-state solar resources.
As we reported on back in March, there has been some solar trouble in Ohio. At that time, First Energy Corp had filed force majeure claiming they were unable to locate and secure a sufficient number of Solar Renewable Energy Credits (SRECs) to satisfy its 2010 solar obligation. Remarkably, this was the second year in a row First Energy filed for force majeure despite *good-faith* efforts. Two years of force majeure? Seems like there’d need to be a whole lot of good-faith going on. We’re not buying it. Again, our previous reporting details our doubts. » Read the rest of this entry «
Bricker & Eckler report:
The Ohio Senate on Wednesday approved a 3-year extension of last session’s “Senate Bill 232,” which significantly reduced the tax burden on certain advanced energy projects..
On to conference committee. Details at the link.
There’s solar trouble in Ohio. For the second year of a two-year-old Renewable Portfolio Standard, Ohio utilities are requesting waivers from their solar electricity requirement. First Energy Corp – which is parent company to Toledo Edison, Ohio Edison and Cleveland Electric Illuminating - reports that they were unable to find enough solar renewable energy credits in Ohio needed to satisfy their 2010 benchmark for solar energy. First Energy has filed for force majeure for the second year in a row claiming that it was a circumstance beyond their control, a legal ‘act of God’, that prevented the company from buying the needed SRECs. » Read the rest of this entry «