Dayton Power & Light (DP&L) noted that 625MWh of this energy is expected to include solar photovoltaic or solar thermal energy. Within cost limits set forth in the bill, these requirements will continue to grow to an approximate need of 552,000MWh of renewable energy resources by the end of 2015, which includes approximately 24,000MWh of solar energy. In selecting bids, DP&L will consider the requirement that at least 50% of its renewable energy comes from within the state.
Renewable energy resources, as defined by the bill, include wind, solar, hydro, geothermal and fuel derived from solid waste. The Public Utilities Commission of Ohio (PUCO) is expected to shortly issue proposed rules related to alternative energy portfolio standards.
Paul Barbas, DP&L president and CEO, said: DP&L is taking this initial step to expand our portfolio of generation to include renewable energy resources. Our goal, as it has always been, is to act in an environmentally responsible and compliant manner while controlling costs for our customers. Soliciting competitive bids to meet our renewable needs should help drive the development of economically viable renewable alternatives.
