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§ 7-702. Legislative intent and findings

West's Annotated Code of MarylandPublic UtilitiesEffective: October 1, 2019

West's Annotated Code of Maryland
Public Utilities (Refs & Annos)
Division I. Public Services and Utilities [Titles 1-15] (Refs & Annos)
Title 7. Gas, Electric, and Water Companies (Refs & Annos)
Subtitle 7. Renewable Energy Portfolio Standard (Refs & Annos)
Effective: October 1, 2019
MD Code, Public Utilities, § 7-702
Formerly cited as MD PUBLIC UTIL COMP § 7-702
§ 7-702. Legislative intent and findings
Legislative intent
(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 of electricity produced from these resources.
Legislative findings
(b) The General Assembly finds that:
(1) the benefits of electricity from renewable energy resources, including long-term decreased emissions, a healthier environment, increased energy security, and decreased reliance on and vulnerability from imported energy sources, accrue to the public at large;
(2) electricity suppliers and consumers share an obligation to develop a minimum level of these resources in the electricity supply portfolio of the State; and
(3) the State needs to increase its reliance on renewable energy in order to:
(i) reduce greenhouse gas emissions and meet the State's greenhouse gas emissions reduction goals under § 2-1205 of the Environment Article; and
(ii) provide opportunities for small, minority, women-owned, and veteran-owned businesses to participate in and develop a highly skilled workforce for clean energy industries in the State.

Credits

Added by Acts 2004, c. 487, § 1, eff. July 1, 2004; Acts 2004, c. 488, § 1, eff. July 1, 2004. Amended by Acts 2017, c. 1, § 1, eff. March 4, 2017; Acts 2017, c. 2, § 1, eff. March 9, 2017; Acts 2019, c. 757, § 1, eff. Oct. 1, 2019.
MD Code, Public Utilities, § 7-702, MD PUBLIC UTIL § 7-702
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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