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MD HB910

MD HB910
Energy Storage - Targets and Maryland Energy Storage Program - Establishment


summary

Introduced
02/09/2023
In Committee
04/05/2023
Crossed Over
03/20/2023
Passed
04/10/2023
Dead
Signed/Enacted/Adopted
05/08/2023

Introduced Session

2023 Regular Session

Bill Summary

AN ACT concerning Energy Storage - Targets and Maryland Energy Storage Program - Establishment FOR the purpose of requiring the Public Service Commission to establish certain targets for the deployment of new energy storage devices in the State; requiring the Commission to establish and implement the Maryland Energy Storage Program to meet certain energy storage goals and develop a certain energy storage system in the State; and generally relating to energy storage in the State. BY repealing and reenacting, without with amendments, Article - Public Utilities Section 7-216(a) Annotated Code of Maryland (2020 Replacement Volume and 2022 Supplement) BY adding to Article - Public Utilities Section 7-216.1 Annotated Code of Maryland (2020 Replacement Volume and 2022 Supplement) Preamble

AI Summary

This bill requires the Public Service Commission to establish targets for the cost-effective deployment of new energy storage devices in Maryland, with a goal of achieving 750 megawatts of cumulative energy storage capacity by the end of 2027, 1,500 megawatts by the end of 2030, and 3,000 megawatts by the end of 2033. The bill also establishes the Maryland Energy Storage Program, to be implemented by July 1, 2025, which will include competitive procurement mechanisms and may include a system of energy storage credits, power purchase agreements with investor-owned electric companies, and other policies to achieve a robust and cost-effective energy storage system in the state.

Committee Categories

Business and Industry, Education

Sponsors (8)

Last Action

Approved by the Governor - Chapter 570 (on 05/08/2023)

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