Columbus, OH – After The Buckeye Institute-championed Ohio House Bill 15—the best energy reform policy in a generation—was signed into law, the state has attracted more than $4 billion in private investment with six projects that will generate nearly 2,000 MW of energy already approved by the Ohio Power Siting Board or moving through the approval process.

“House Bill 15 made Ohio a national leader in smart, free-market energy policy, and we are already seeing tangible results from these Buckeye Institute-championed policies with more than $4 billion in investment,” said Rea S. Hederman Jr., executive director of the Economic Research Center and vice president of policy at The Buckeye Institute. 

DOWNLOAD INFOGRAPHIC: Ohio is Reaping Benefits of Buckeye Institute-Championed HB15

Projects representing major investments after the passage of House Bill 15:

• Socrates South project (200 MW) in Licking County, with $750 million in investment, approved by the Ohio Power Siting Board;
• Socrates North project (200 MW) in Licking County, with $750 million in investment, approved by the Ohio Power Siting Board; and
• Bluegrass Power project (800 MW) in Fayette County, with $2.5 billion in investment, pending with the Ohio Power Siting Board.

PowerConneX I (120 MW) and PowerConneX II (216 MW) in Licking County, which are already approved by the Ohio Power Siting Board, as well as Apollo Power Generation in Wood County (350 MW), pending approval by the Ohio Siting Board, will bring additional investment to Ohio.

These and future projects will bring billions in investment to Ohio, provide much-needed energy to meet growing demand, create good-paying jobs for Ohioans, foster sustainable job growth, generate revenue to support schools and community investment, and drive growth in Ohio’s high-tech sector.

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