This report constitutes the annual report of the Public Service Commission of Maryland (Commission) regarding the implementation of the Maryland Renewable Energy Portfolio Standard (RPS) Program with data for calendar year 2024. Under the RPS Program, Maryland electricity suppliers are required to demonstrate compliance on an annual basis with an escalating renewable energy portfolio standard.
This report is submitted pursuant to §7-712 of the Public Utilities Article (PUA), Annotated Code of Maryland which requires the Commission to report to the General Assembly on the status of the implementation of the RPS Program on or before December 1 of each year.
The Maryland RPS Program is designed to support a stable and predictable market for energy generated from renewables, to reduce greenhouse gas emissions and eliminate carbon–fueled generation from the State’s electric grid, and to lower the cost to consumers of electricity produced from these resources.
Implementation of the RPS Program assists in overcoming market barriers seen as impediments to the development of the industry. Moreover, increasing reliance upon renewable energy technologies to satisfy electric power requirements can result in long-term emission reductions, increased fuel diversity, and economic benefits to the State.
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