Electric Company Contracts, Capacity Market Models, and Regional Transmission Organizations - Studies

SB 92 requires the Maryland Public Service Commission and Energy Administration to study two key energy policy options. First, it mandates a study on whether electric companies should be required to secure contracts for 80% of their electricity supply capacity over the next five years. Second, it directs a joint study with neighboring states on the costs and benefits of potentially withdrawing from PJM’s capacity market, including developing a multistate compact or creating a new regional transmission organization. The studies must be completed by December 31, 2026, and report findings to the Governor and legislature. This bill does not enact policy changes but sets the stage for future decisions about Maryland’s electricity market participation.