Maryland SB954 regulates energy storage devices, decommissioning plans, and investor-owned electric companies' operations.
Maryland SB954 mandates that all energy storage devices using lithium-ion batteries comply with the latest National Fire Protection Association 855 standards. Each energy storage project must include a decommissioning plan to maximize recycling or reuse of components. The bill also outlines procedures for investor-owned electric companies to construct, acquire, own, or lease generating facilities and transmission infrastructure. It allows these companies to recover prudently incurred and verified costs at an annual rate of return.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.