Bill

Bill > HB1037


MD HB1037

MD HB1037
Energy Resource Adequacy and Planning Act


summary

Introduced
02/05/2025
In Committee
04/07/2025
Crossed Over
04/05/2025
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 within the Public Service Commission to develop a comprehensive approach to energy resource planning and risk assessment. The bill creates a new Comprehensive Wholesale Energy Markets and Bulk Power System Risk Report that will be developed every three years, with the first report due by September 1, 2028. The report will include detailed 20-year projections of electricity load and energy demands, examining various scenarios for meeting the state's energy needs and clean energy goals. The Office will be responsible for conducting in-depth analysis of wholesale energy market risks, potential resource adequacy issues, and developing recommendations for addressing these challenges. The bill requires the Office to engage in stakeholder processes, coordinate with various state agencies, and provide comprehensive reports to the Governor and General Assembly. Additionally, the bill mandates several supporting studies, including an examination of an independent distribution operator by the Public Service Commission, methods for reducing transmission constraints by the Department of Transportation, and power flow analyses by the Maryland Energy Administration. The Strategic Energy Planning Office will have a director appointed for a 5-year term, with the goal of ensuring long-term energy system reliability, affordability, and alignment with the state's climate and energy policy objectives.

Committee Categories

Business and Industry, Education

Sponsors (1)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...
Loading...