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MD SB92

MD SB92
Electric Company Contracts, Capacity Market Models, and Regional Transmission Organizations - Studies


summary

Introduced
01/14/2026
In Committee
01/14/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Requiring the Public Service Commission and the Maryland Energy Administration jointly, in consultation with neighboring states, to study the benefits and costs of, and make recommendations on, potential options for certain actions with regard to withdrawing from the PJM Interconnection, LLC capacity market model, developing a certain multistate compact, withdrawing from PJM Interconnection, LLC, and establishing or joining an alternative regional transmission organization; etc.

AI Summary

This bill mandates studies by the Maryland Public Service Commission (Commission) and the Maryland Energy Administration (Administration) concerning electricity supply and regional market participation. Specifically, the Commission will investigate the advantages and disadvantages of requiring electric companies to secure at least 80% of their future electricity needs through contracts over the next five years. Additionally, the Commission and Administration, in collaboration with neighboring states, will examine the benefits and costs of potentially leaving the PJM capacity market model, which is a system for ensuring sufficient electricity generation capacity, and explore alternatives like a multistate agreement for securing capacity through private contracts or auctions. They will also study the feasibility of withdrawing from PJM altogether and either creating a new independent regional transmission organization or joining an existing one. The findings and recommendations from these studies are to be reported to the Governor and the General Assembly by December 31, 2026.

Committee Categories

Education

Sponsors (1)

Last Action

Senate Education, Energy, and the Environment Hearing (13:00:00 2/19/2026 ) (on 02/19/2026)

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