Ohio Senate Energy & Public Utilities Committee Testimony of Michelle Bloodworth January 28, 2020 Exhibits 1 Exhibit 1. Coal Retirements Since 2010 (MW) 35,589 Announced Retirements Retirements Through 2019 97,587 2,695 10,160 National 2 Ohio Exhibit 2. Ohio net electricity imports (% of power demand) The state has gone from being a net exporter of power to importing significant energy from neighboring states 21% 18% 18% 17% 15% 12% 7% 7% 9% 11% 4% 4% -1% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 3 Exhibit 3. Sources of coal used in Ohio power generation (2018-19) 45.4% 32.2% 8.9% WV OH PA 5.0% IN 2.7% 1.0% 0.8% 0.5% 0.1% IL CO KY WY MT Source: EIA Form 923, data is through October 2019. 3.5% of deliveries had unreported sources. 4 Exhibit 4. Fraction of incremental power demand met by generator type during Polar Vortex of 2018 63% 25% 12% Coal Oil Other Total across six affected ISOs: PJM, MISO, ERCOT, SPP, ISO New England, NYISO 5 Exhibit 5. PJM Power and Gas Market Price Spikes During Polar Vortex of 2018 Daily electricity spot price, Dec. 28, 2017–Jan.8, 2018 Daily natural gas spot prices, Dec. 28, 2017–Jan. 8, 2018 $251 $96.07 $241 $212 $81 $28.89 1/8/2018 1/7/2018 1/6/2018 1/5/2018 1/4/2018 1/3/2018 1/2/2018 1/1/2018 12/30/2017 12/29/2017 12/28/2017 1/8/2018 1/5/2018 1/4/2018 1/3/2018 1/2/2018 12/29/2017 12/28/2017 Source: National Energy Technology Laboratory (NETL). 6 $60 $19.45 $17.26 $15.05 $101 $88 12/31/2017 $46.53 $19.14 $152 $148 $148 $131 $/MWh $/MMBtu $168 Exhibit 6. Levelized Cost of Electricity for New and Existing Resources (National Average, $/MWh) $90 $88 Imposed Costs $33 Existing Nuclear 7 $36 $41 Existing NGCC Existing Coal $50 New NGCC $68 $66 New Solar New Wind