Yesterday, the Public Utilities Commission of Ohio adopted rules for meeting the alternative energy portfolio standards required under S.B. 221. Among other things, the new rules establish incremental percentage requirements that electric utilities must meet to fulfill the renewable portion of the portfolio standard (e.g., its sets a benchmark of 2.5% for renewable energy resources by 2014), which can be met through the use of renewable energy credits (RECs). The new rules also establish requirements for greenhouse gas reporting and carbon dioxide control planning.
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