Section 7-706 – Recovery of Costs or Compliance Fees; Waiver
(a) (1) Except as provided in paragraph (2) of this subsection, in accordance with the obligation to provide standard offer service through the bid process created under § 7–510 of this title, the Commission shall allow an electricity supplier to recover actual dollar–for–dollar costs incurred, including a compliance fee under § 7–705 of this subtitle, in complying […]
Section 7-708 – Renewable Electricity Trading System
(a) (1) The Commission shall establish and maintain a market-based renewable electricity trading system to facilitate the creation and transfer of renewable energy credits. (2) To the extent practicable, the trading system shall be consistent with and operate in conjunction with the trading system developed by PJM Interconnection, Inc., if available. (3) The Commission may contract with a for-profit […]
Section 7-709 – Renewable Energy Credits
(a) An electricity supplier may use accumulated renewable energy credits to meet the renewable energy portfolio standard, including credits created by a renewable on–site generator. (b) A renewable energy credit may be sold or otherwise transferred. (c) (1) (i) If an electricity supplier purchases solar renewable energy credits directly from a renewable on–site generator with a capacity that exceeds 10 […]
Section 7-710 – Administration Fee
The Commission may impose an administrative fee on a renewable energy credit transaction, but the amount of the fee may not exceed the Commission’s actual direct cost of processing the transaction.
Section 7-711 – Power to Investigate and Examine
(a) The Commission has the same power and authority with respect to an electricity supplier under this subtitle that the Commission has with respect to any public service company under this division for the purposes of investigating and examining the electricity supplier to determine compliance with this subtitle and with other applicable law. (b) (1) Beginning January 1, […]
Section 7-712 – Reporting
Subject to § 2–1257 of the State Government Article, on or before December 1 of each year the Commission shall report to the General Assembly on the status of implementation of this subtitle, including the availability of Tier 1 renewable sources, projects supported by the Fund, and other pertinent information.
Section 7-713 – Regulations
The Commission shall adopt regulations to implement the provisions of this subtitle.
Section 7-714 – Power Plant Research Program Study
// EFFECTIVE UNTIL JUNE 30, 2023 PER CHAPTER 757 OF 2019 // (a) The Power Plant Research Program shall conduct a study of the renewable energy portfolio standard and related matters in accordance with this section. (b) The study shall be a comprehensive review of the history, implementation, overall costs and benefits, and effectiveness of the renewable […]
Section 7-701 – Definitions
(a) In this subtitle the following words have the meanings indicated. (b) “Administration” means the Maryland Energy Administration. (c) “Fund” means the Maryland Strategic Energy Investment Fund established under § 9–20B–05 of the State Government Article. (d) “Geothermal heating and cooling system” means a system that: (1) exchanges thermal energy from groundwater or a shallow ground source to generate thermal […]
Section 7-702 – Intent and Findings
(a) It is the intent of the General Assembly to: (1) recognize the economic, environmental, fuel diversity, and security benefits of renewable energy resources; (2) reduce greenhouse gas emissions and eliminate carbon–fueled generation from the State’s electric grid by using these resources; (3) establish a market for electricity from these resources in Maryland; and (4) lower the cost to consumers […]