Bill > HB398

This bill encompasses several key provisions related to energy storage, renewable energy credits, and nuclear power in Maryland. The bill establishes a goal of reaching 150 megawatts of distribution-connected energy storage devices, requiring electric companies to develop and implement plans to achieve their proportional share by submitting detailed proposals to the Public Service Commission by November 1, 2025 and 2026. These energy storage devices must include a mix of company-owned and third-party-owned devices, with strict labor and wage requirements for construction and maintenance. The bill also creates a framework for zero-emission credits for beneficial nuclear facilities, specifically supporting the potential license extension for the Calvert Cliffs Nuclear Power Plant. Additionally, the legislation establishes competitive procurement processes for solar renewable energy credits (SREC-IIs) and renewable energy credits (REC-IIs), with provisions to support small solar and hydroelectric systems, wind systems, and other renewable energy projects. The bill aims to further Maryland's renewable energy goals, support local businesses and workforce development, and promote clean energy infrastructure, with most provisions set to take effect on June 1, 2025.

Business and Industry

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0398?ys=2025RS