Ohio's new clean energy ballot initiative sparks concern among utilities

By Krysti Shallenberger, Utility Dive. 

Dive Brief:

  • A clean energy ballot initiative in Ohio seeks voters' approval to greenlight $14.3 billion in bonds to be issued over 11 years to fund renewable energy projects, energy storage options and other energy infrastucture.
  • Ohio's Attorney General Mike DeWine approved the intiative's language, recognizing it had garnered the minimum required 1,000 signatures necessary to land a spot on the ballot. The initiative proposes an amendment to the Ohio Constitution.
  • The bonds would be controlled by the Ohio Energy Initiative Commission, an Ohio-based organization that's incorporated as a limited liability corporation in Delaware, SNL Energy reports.