Utilities’ pursuit of clean energy is “right thing to do,” says PUCO chairman

As electric utilities such as American Electric Power (AEP) continue to add clean energy to their portfolios (see our May 24, 2016 blog post), the new chairman of the Public Utilities Commission of Ohio (PUCO), Asim Haque, said doing so is “the right ‘social principle,’” according to a recent article in Columbus Business First. In the article, Haque said, “I think the social principle that [clean energy advocates] are advocating is the right thing to do, but it has to be balanced and tempered with these other major (commission) policy considerations of delivering reliable power and cost-effective power. That’s where things get challenging.” While coal “makes up 56 percent” of AEP’s current generating mix, both AEP and Akron-based FirstEnergy Corp. have “waged lengthy campaigns at the commission over income-guarantees to keep open their Ohio coal plants (see our May 21, 2015 blog post).” For more, read the full article

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