Full Title: Renewable Portfolio Standards: Ohio
Author(s): Randy T Simmons, PhD, Ryan M. Yonk, PhD, Tyler Brough, PhD, Ken Sim, MS, and Jacob Fishbeck
Publisher(s): Institute of Political Economy: Utah State University
Publication Date: April 1, 2015
Full Text: Download Resource
Description (excerpt):
The U.S. has no federal mandate for “renewable” power production. Instead, a majority of states, including Ohio, have created their own state laws called Renewable Portfolio Standards (RPS). These laws mandate the presence of certain renewable sources among the overall menu of sources from which electricity companies produce power. This report analyzes how the changes in electricity markets caused by RPS alter the functioning of a state’s economy and institutions, with a specific focus on Ohio. Our report uses a tax-based model, an empirical analysis, and a survey of legal rules.