Maryland HB674 mandates a comprehensive analysis of electricity generation costs and benefits for natural gas, nuclear, and offshore wind energy.

Maryland HB674 requires the Public Service Commission to perform a full costs and benefits analysis of various electricity generation sources. The analysis must identify costs for natural gas, nuclear, and offshore wind energy, considering energy storage to offset reliability and intermittency issues. The study will also recommend policy changes to support the most cost-effective and beneficial energy sources for state ratepayers. The Commission must report its findings to the Senate and House committees by December 1, 2027.

Maryland HB674 mandates a comprehensive analysis of electricity generation costs and benefits for natural gas, nuclear, and offshore wind energy.

Maryland HB674 requires the Public Service Commission to perform a full costs and benefits analysis of various electricity generation sources. The analysis must identify costs for natural gas, nuclear, and offshore wind energy, considering energy storage to offset reliability and intermittency issues. The study will also recommend policy changes to support the most cost-effective and beneficial energy sources for state ratepayers. The Commission must report its findings to the Senate and House committees by December 1, 2027.