Sweeping “minimum offer” rule will likely cut into the competitive edge for renewables as a hedge against fossil fuels.
Nuclear and coal subsidies mean state consumers will likely pay more than $1 billion per year more, an analysis shows.
Industry groups argue that even batteries that don’t meet the 10-hour threshold still provide the same reliability benefits as fossil fuel power plants.
An analysis by grid operator PJM considers losses if Ohio nuclear subsidies deter new generation.
A task force will spend 18 months studying how to factor state carbon policies into the wholesale electricity market.