Bill

Bill > SB909


MD SB909

MD SB909
Energy Resource Adequacy and Planning Act


summary

Introduced
02/03/2025
In Committee
04/03/2025
Crossed Over
04/01/2025
Passed
04/07/2025
Dead
Vetoed
05/16/2025

Introduced Session

2025 Regular Session

Bill Summary

Establishing the Strategic Energy Planning Office; requiring the Office to develop a Comprehensive Wholesale Energy Markets and Bulk Power System Risk Report and examine certain scenarios to support the development of the Risk Report; requiring the Risk Report to assess wholesale energy market financial resource adequacy and reliability risks and to identify any necessary cost-effective solutions that ensure electric system reliability while meeting the State's energy policy goals; etc.

AI Summary

This bill establishes the Strategic Energy Planning Office (SEPO) to develop a comprehensive Comprehensive Wholesale Energy Markets and Bulk Power System Risk Report every three years, beginning in 2028. The bill requires the office to create detailed energy forecasts and scenarios examining wholesale energy market risks, resource adequacy, and strategies for meeting the state's energy needs and clean energy goals. The Risk Report must analyze different energy resource mixes, potential financial impacts on ratepayers, and provide recommendations for addressing identified risks. The office will develop robust modeling tools, coordinate with various state agencies, and conduct stakeholder engagement processes. Additionally, the bill mandates that the Public Service Commission hold a public proceeding every three years to assess the Risk Report's findings, with opportunities for public comment and feedback. The bill also includes provisions for funding the office through assessments on public service companies and requires several supporting studies, including examinations of an independent distribution operator, transmission-constrained areas, and power flow analyses. The Strategic Energy Planning Office will be led by a director appointed for a 5-year term and will collaborate with multiple state agencies to develop comprehensive energy planning strategies.

Committee Categories

Business and Industry, Education, Government Affairs

Sponsors (1)

Last Action

Vetoed by the Governor (Policy) (on 05/16/2025)

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