Md. Code, PUC § 7-702 : PUBLIC UTILITIES — PUBLIC SERVICES AND UTILITIES — GAS, ELECTRIC, AND WATER COMPANIES — RENEWABLE ENERGY PORTFOLIO STANDARD —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 of electricity produced from these resources.
(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.

Md. Code, PUC § 7-702

Amended by 2019 Md. Laws, Ch. 757, Sec. 1, eff. 10/1/2019.
Amended by 2017 Md. Laws, Ch. 2, Sec. 1, eff. 10/1/2016.
Amended by 2017 Md. Laws, Ch. 1, Sec. 1, eff. 10/1/2016.
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