Bill > HB1149

This bill requires the Public Service Commission to conduct a comprehensive analysis of electricity generation sources in Maryland, focusing on the full costs and benefits of different energy options. The analysis must examine electricity costs for ratepayers under three primary generation mixes: natural gas, nuclear energy, and offshore wind (specifically 8,500 megawatts of offshore wind capacity). Using the Levelized Full System Cost of Electricity model, the commission will separately evaluate the costs of electricity generation from natural gas, nuclear, and offshore wind energy, each paired with energy storage solutions to address reliability and intermittency challenges. The study must identify additional costs required to maintain grid reliability, particularly for offshore wind energy, and include recommended policy changes to support the development of energy sources that offer the lowest costs and greatest benefits to Maryland ratepayers. By December 1, 2026, the Public Service Commission must submit its detailed findings and recommendations to the Senate Committee on Education, Energy, and the Environment and the House Economic Matters Committee. The bill is set to take effect on October 1, 2025, providing a structured approach to understanding and potentially optimizing the state's electricity generation strategy.

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https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1149?ys=2025RS