| 1 | 1 | | |
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| 2 | 2 | | |
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| 3 | 3 | | EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTIN G LAW. |
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| 4 | 4 | | [Brackets] indicate matter deleted from existing law. |
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| 5 | 5 | | *hb1149* |
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| 6 | 6 | | |
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| 7 | 7 | | HOUSE BILL 1149 |
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| 8 | 8 | | C5, M5 5lr2818 |
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| 9 | 9 | | CF SB 675 |
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| 10 | 10 | | By: Delegate Adams |
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| 11 | 11 | | Introduced and read first time: February 6, 2025 |
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| 12 | 12 | | Assigned to: Economic Matters |
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| 13 | 13 | | |
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| 14 | 14 | | A BILL ENTITLED |
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| 15 | 15 | | |
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| 16 | 16 | | AN ACT concerning 1 |
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| 17 | 17 | | |
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| 18 | 18 | | Public Service Commission – Full Costs and Benefits Analysis of Sources of 2 |
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| 19 | 19 | | Electricity Generation 3 |
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| 20 | 20 | | |
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| 21 | 21 | | FOR the purpose of requiring the Public Service Commission to conduct an analysis of the 4 |
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| 22 | 22 | | full costs and benefits of sources of electricity generation in the State; and generally 5 |
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| 23 | 23 | | relating to a study on electricity generation. 6 |
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| 24 | 24 | | |
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| 25 | 25 | | SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 7 |
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| 26 | 26 | | That: 8 |
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| 27 | 27 | | |
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| 28 | 28 | | (a) The Public Service Commission shall conduct a full costs and benefits analysis 9 |
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| 29 | 29 | | of sources of electricity generation in the State. 10 |
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| 30 | 30 | | |
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| 31 | 31 | | (b) The analysis shall: 11 |
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| 32 | 32 | | |
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| 33 | 33 | | (1) identify the costs of electricity to ratepayers assuming that the State 12 |
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| 34 | 34 | | electricity market is served by the following generation mixes: 13 |
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| 35 | 35 | | |
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| 36 | 36 | | (i) natural gas energy at its current capacity; 14 |
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| 37 | 37 | | |
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| 38 | 38 | | (ii) nuclear energy at its current capacity; and 15 |
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| 39 | 39 | | |
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| 40 | 40 | | (iii) 8,500 megawatts of offshore wind energy capacity; 16 |
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| 41 | 41 | | |
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| 42 | 42 | | (2) include the additional costs of electricity generation necessary to offset 17 |
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| 43 | 43 | | reliability issues and the intermittency of offshore wind energy; 18 |
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| 44 | 44 | | |
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| 45 | 45 | | (3) use the Levelized Full System Cost of Electricity model to analyze the 19 |
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| 46 | 46 | | costs of meeting the State’s electricity needs from: 20 |
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| 47 | 47 | | |
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| 48 | 48 | | (i) only natural gas energy and energy storage; 21 2 HOUSE BILL 1149 |
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| 49 | 49 | | |
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| 50 | 50 | | |
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| 51 | 51 | | |
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| 52 | 52 | | (ii) only nuclear energy and energy storage; and 1 |
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| 53 | 53 | | |
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| 54 | 54 | | (iii) only offshore wind energy and energy storage; 2 |
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| 55 | 55 | | |
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| 56 | 56 | | (4) identify the costs for natural gas, nuclear, and offshore wind if energy 3 |
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| 57 | 57 | | storage is available to offset reliability and intermittency issues; and 4 |
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| 58 | 58 | | |
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| 59 | 59 | | (5) include recommended policy changes to support the development of the 5 |
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| 60 | 60 | | energy sources with the lowest costs and greatest benefits to the ratepayers of the State. 6 |
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| 61 | 61 | | |
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| 62 | 62 | | (c) On or before December 1, 2026, the Public Service Commission shall report its 7 |
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| 63 | 63 | | findings and recommendations to the Senate Committee on Education, Energy, and the 8 |
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| 64 | 64 | | Environment and the House Economic Matters Committee, in accordance with § 2–1257 of 9 |
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| 65 | 65 | | the State Government Article. 10 |
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| 66 | 66 | | |
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| 67 | 67 | | SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 11 |
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| 68 | 68 | | October 1, 2025. 12 |
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| 69 | 69 | | |
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