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New Law Expands Definition Of Green Energy

By: MAGNIFYI Staff

Published December 11, 2024

Category: Ohio
Related Categories: Electric, Gas, Green Energy, HB308, New Law, Nuclear Energy, Renewable Energy/Clean Energy

The Ohio legislature enacted House Bill HB308, which amends state law to include energy generated by “nuclear reaction” and “natural gas as a resource” as “green energy.” The legislation encourages developers of small modular nuclear reactors and other advanced nuclear energy projects to invest in Ohio; as is noted by the non-partisan legislative analysis of the bill provided by Ohio legislative staff, “green energy” is not a term used in state law, so the actual impact of this legislation is unclear.

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