The Opportunity
Ohio is uniquely positioned to attract transformative industries due to its strategic location, diverse energy portfolio, and strong industrial base. Since 2022, JobsOhio has won 1,016 economic development projects, with $74.27B in associated capital investment. This underscores the state's appeal as a hub for innovation and economic growth. Ohio should capitalize on that advantage and be a leader in energy development.
The Challenge
However, this growth presents urgent energy challenges - aging infrastructure, power plant retirements, and surging demand threaten grid reliability and economic momentum. Without action, Ohio risks losing its competitive edge and the economic benefits that come with it.
Key Recommendations
- Implement permitting and siting reform to address resource adequacy
- Establish an Office of Energy Resilience
- Establish priority investment areas to drive energy development
- Enhance and clarify frameworks for behind-the-meter generation
- Reduce regulatory lag to support timely investment and economic development
- Promote the deployment of Grid-enhancing-Technologies (GETs)
For the complete EXECUTIVE SUMMARY click here.
For the complete ENERGY COMPETITIVENESS STUDY REPORT click here.
With thanks for JobsOhio and the OBRT for sharing this information with the EACC.
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Ohio Business Roundtable - Nick Rhodes Director of Policy & Special Projects
- February 27, 2025
- 614-469-1044
- Send Email
