Contrary to “conventional wisdom” renewable energy is causing downward price pressure on Ohio wholesale markets
The Public Utilities Commission of Ohio (PUCO) has recently released a report that concludes that the addition of large scale renewable energy is having the effect of causing price suppression. For people who pay electric bills price suppression is a good thing.
Since renewable are a no-cost addition to the grid, once installed, they are called upon first to deliver electricity. This lowers the overall wholesale rate of electricity delivered into Ohio.
From the report:
The report goes on to say that there are no issues with grid integration of these technologies in Ohio.
The other compelling thing about this report is that the PUCO is not a biased party.