OH SR175

Urges PJM Interconnection, L.L.C. and the Federal Energy Regulatory Commission to preserve the Minimum Offer Price Rule in the PJM capacity market

Calls for evaluation of whether state-subsidized generation resources materially impact price formation in PJM's capacity market and force non-subsidizing states like Ohio to bear increased costs

Opposes PJM's proposal to eliminate the Minimum Offer Price Rule and replace it with an alternative model that would allow state policies to influence the capacity market and decrease competition

States that Ohio has invested billions in new generation resources since deregulation began in 1999 and has rejected state subsidization in favor of competitive markets

Directs the Senate Clerk to transmit copies of the resolution to PJM's Board of Managers and Members Committee, Federal Energy Regulatory Commission commissioners, and Ohio news media