Ohio lawmakers are again at the beck and call of deregulated power producing titans as they pass a nuclear and coal plant bailout at the expense of energy efficiency. They also dumped mandates for renewable resources. Almost simultaneously, the Institute for Energy Research (IER) published this brand new report, which compares levelized cost of electricity from existing nuclear plants to that of new wind and solar generation, transmission, and required backup resources. It may explain why Ohio lawmakers did what they did. The word “may” is used because I am firmly convinced the political class is mostly clueless regarding regulated…
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