About OEE

Ohio State Energy in the News

Ohio State’s Endowment Gets $1 Billion with Campus Energy Deal

Bloomberg

April 7, 2017

Ohio State University’s endowment will jump 25 percent in size with a $1 billion payment from two companies that will lease the school’s energy assets for 50 years.

The school’s board of trustees on Friday approved a public-private partnership with French company Engie SA and Montreal-based Axium Infrastructure Inc. to run and manage its energy and electricity systems in exchange for annual payments expected to exceed $54 million.

…“Like many universities, we have an interest in sustaining and using our energy resources in an efficient and also responsible way,” Michael Drake, the school’s president, said in an interview.

ALSO: The Street: Ohio State University Increases Endowment by $1 Billion After Leasing Energy Assets

ALSO: WOSU: Billion-Dollar Energy Privatization Plan Approved By Ohio State Trustees

ALSO: Business First: Ohio State trustees approve unprecedented $1B energy deal


Ohio State trustees excited for '50-year decisions' to change physical campus

Business First

April 6, 2017

Ohio State University decision-makers are thrilled as the university moves ahead with detailed planning for five major projects spanning the campus. Trustee Bob Schottenstein said Thursday at a meeting of the university’s master planning committee that the projects are “50-year decisions” that present an enormous opportunity to reshape the campus. The full Board of Trustees is expected to approve five requests for qualifications at a meeting Friday.


Ohio State University to lease energy facilities; will receive $1 billion upfront payment

Plain Dealer

April 6, 2017

Ohio State University has proposed leasing its energy facilities in a deal that will immediately result in a $1 billion payment to the university.

Trustees on Friday are expected to approve the agreement with ENGIE-Axium to operate the systems that power, heat and cool Ohio State's Columbus campus under a 50-year lease of the university's energy assets.


Reach Beyond Career Comfort Zone, Ford Exec Says

2017 SAE World Congress Experience

Wards Auto

April 6, 2017

The auto industry needs sharp, young, female engineers, and the recruiting cannot begin soon enough for Kimberly Pittel, a 32-year Ford veteran engineer who worked her way up from the plant floor to a group vice presidency.

…In a casual new “executive interview” format at the SAE World Congress, Pittel fields questions from Carla Bailo, a fellow engineer and former Nissan North America executive who now is assistant vice president-mobility research and business development at Ohio State University.


Ohio State’s billion dollar plan ramps up sustainability efforts

Daily Reporter

April 5, 2017

As the focus on “going green” increases, many people and organizations alike are focusing on sustainability and how to reduce their carbon footprint.

Ohio State University is a large proponent of sustainability and has an ongoing mission to make the university a global model of sustainable operations.

As part of this mission to meet sustainability goals, the Board of Trustees at Ohio State will consider a public-private partnership to support OSU’s sustainability and academic mission this Friday.


Professor sues Ohio State to force release of energy deal details

The Columbus Dispatch

April 5, 2017

A retired Ohio State professor is suing the university for withholding details of a proposed $1.1 billion deal with a French energy company.

The suit, filed Tuesday, asks the Ohio Supreme Court to order Ohio State to make public a “concessionaire agreement” that spells out terms of the proposed deal with Ohio State Energy Partners, a newly created entity that includes Paris-based ENGIE and the investment firm Axium Infrastructure.


REI sustainability exec speaking at Ohio State on April 12

Business First

April 4, 2017

The executive in charge of sustainability at Seattle outdoor retailer REI is coming to Ohio State.

Vikram Sahney will speak at the school on Wednesday, April 12 at 7 p.m. The event is free to the public but registration is required – more details are here. His appearance is sponsored by the local chapter of the Environmental Professionals Network.


Ohio State considering new facility to help it reach zero-waste goal by 2025

Business First

April 3, 2017

Football games at Ohio State University already produce “zero waste.” Now, the university is exploring how to replicate that on a bigger scale to be zero-waste by 2025.

Ohio State is seeking a partner to study what kind of recycling and waste sorting and infrastructure would be needed to reach the goal.


World's Glaciers Melt Away In Dramatic Before-And-After Photos

Huffington Post

April 3, 2017

Photographs released by the Geological Society of America show just how quickly some of the world's glaciers have receded.

The images were compiled as part of a collaboration with Extreme Ice Survey, and released alongside a study that shows the impact of glacial melt on Thursday.

Featured expert: Ian Howatt, professor of earth sciences

ALSO: Daily Mail: Greenland's glaciers are 'DOOMED' and will raise global sea levels by 1.5 inches by 2100, experts warn

ALSO: International Business Times: Ice Caps, Glaciers Dotting Greenland's Coasts Passed A 'Tipping Point' 20 Years Ago

ALSO: Associated Press: How the world's glaciers are melting: A visual then-and-now

Featured expert: Lonnie Thompson, Distinguished University Professor in the School of Earth Sciences and a Research Scientist in the Byrd Polar Research Center


Ice Caps, Glaciers Dotting Greenland's Coasts Passed A 'Tipping Point' 20 Years Ago

International Business Times

March 31, 2017

Almost 99 percent of Earth’s land ice is locked up in the form of gigantic ice sheets in Antarctica and Greenland. Scientists estimate that if the Greenland ice sheet, which covers nearly 80 percent of the island, were to melt entirely, global sea levels would rise by over 20 feet.

Featured expert: Ian Howat, professor, Earth Sciences

ALSO: Huffington Post:World's Glaciers Melt Away In Dramatic Before-And-After Photos

ALSO: Daily Mail: Greenland's glaciers are 'DOOMED' and will raise global sea levels by 1.5 inches by 2100, experts warn

ALSO: Washington Post: Scientists just found a strange and worrying crack in one of Greenland’s biggest glaciers


Ohio State trustees set to vote on $1 billion energy deal

The Columbus Dispatch

March 31, 2017

Ohio State University officials want to go forward with a deal to lease the university's energy facilities to a contractor who will make a $1 billion, up-front payment to the OSU endowment.

Under the deal, which will go before the board of trustees next Friday, Ohio State would sign a 50-year agreement with Ohio State Energy Partners, a new entity made up of Paris-based energy company ENGIE and Axiom Infrastrucure, an investment company.

ALSO: Business First: Ohio State picks French company in $1.1B energy privatization deal – biggest in university's history

ALSO: Business First: AEP among the 44 bidders who wanted to privatize Ohio State’s energy

ALSO: Dayton Daily News: Ohio State ready to sign $1.16 billion energy deal


'You're going back to work,' Trump promises coal miners after signing order

The Columbus Dispatch

March 29, 2017

As President Donald Trump signed an executive order Tuesday easing environmental regulations, he said to coal miners standing nearby: "You know what it says, right? You're going back to work."

But it's not quite that simple.

Featured expert: Brent Sohngen, environmental and resource economist



Trump doing what he said he'd do on environment

The Columbus Dispatch

March 30, 2017

Seventy days into his presidency, Donald Trump has made good on most of his pre-election vows to rewrite the government's environmental policy.

Most recently, Trump called on Tuesday for the U.S. Environmental Protection Agency to dismantle former President Barack Obama's climate-change efforts.

Featured experts: Brent Sohngen, professor of environmental and resource economics, and Jeff Bielicki, professor of civil, environmental and geodetic engineering


Company with ties to French government vying for Ohio State energy deal

Business First

March 27, 2017

Ohio State University’s vast energy operations could be managed by one of three corporate teams with global presences.

The companies, unveiled last week, have headquarters as far away as Australia, Canada and France.


Hydrogen-fueled bus makes its debut on campus

NBC4

March 24, 2017

A unique alternative-fueled passenger bus made its debut on campus and a face familiar at The Ohio State University was first onboard. Hydrogen-fueled with zero emissions, this regular-sized bus will ferry students around campus, and its only byproduct is water. “I think it a great technology and really important for the future. Happy to see it here and looking forward to taking a ride,” said OSU President Michael Drake. He was the first one to hop on the hydrogen-fueled bus as it stopped in front of University Hall.



Trump budget targets Sea Grant funding

Sandusky Register

March 24, 2017

President Donald Trump's budget proposal had unpleasant news for the Stone Laboratory operation on Gibraltar Island, near Put-in-Bay.

The budget blueprint, released last week, proposes that Congress wipe out funding for the Sea Grant program that funds research in Great Lakes states such as Ohio and Michigan and along the U.S. Atlantic, Pacific and Gulf coasts.

Featured expert: Chris Winsslow, director of Ohio Sea Grant and Stone Lab


Three foreign-connected groups compete to take over Ohio State’s energy systems

The Columbus Dispatch

March 22, 2017

Ohio State University is reviewing proposals from three teams with international connections to lease and operate its energy systems, officials announced.

Also Tuesday, OSU released an unredacted copy of its request for proposals, which it says it withheld because release before receipt of the proposals would have endangered university trade secrets.

ALSO: Business First: From Paris to Australia, Ohio State reveals bidders in energy privatization


Ohio State's energy manager will have to commit $150M to academic initiatives

Business First

March 22, 2017

The companies that win the right to manage Ohio State University’s energy operations for the next five decades will have to provide more than just a hefty upfront sum.

The winning bidders also will be required to invest at least $150 million in what the university calls “academic collaboration.”


Redacted document tells little of Ohio State's energy-systems lease plan

The Columbus Dispatch

March 17, 2017

Today is the day for six teams to turn in bids to lease and operate Ohio State University’s energy systems under a 50-year deal with a massive upfront payment for the university.

Based on what the bids say, Ohio State officials will decide whether to pursue such a deal.


Ohio State reveals law firms and consultants advising it on energy privatization

Business First

March 14, 2017

Ohio State University is using some of the country’s most well-known legal, finance and consulting names to help craft its energy privatization deal.

Barclays Capital Inc., Jones Day, Ice Miller LLP and Burns & McDonnell are among the firms the university is using as it prepares to pick a winner to manage its utility and energy operations for the next 50 years.