Buyer's Guide 2024
Renewable Energy Portfolio Standard
Solar & Battery Regulation & Incentive Programs
Program Overview
- Category
- Regulatory Policy
- Program Type
- Renewables Portfolio Standard
- Implementing Sector
- State
- State
- Maryland
- Eligible Storage Technologies
- Solar Water Heat, Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Geothermal Heat Pumps, Municipal Solid Waste, Landfill Gas, Tidal, Wave, Ocean Thermal, Wind (Small), Geothermal Direct-Use, Anaerobic Digestion, Fuel Cells using Renewable Fuels, Offshore Wind
- Standard
- 50% by 2030
- Technology Minimum
- Solar: 14.5% by 2030
Offshore Wind: TBD, at least 1,200 MW by 2030 - Compliance Multipliers
- Expired
- REC Lifetime
- 3 years
- Credit Trading/Tracking System
- Yes (PJM-GATS)
- Alternative Compliance Payment
- For 2021
Tier 1 (Non-Solar): $30.00 per MWh
Tier 1 Solar: $80.00 per MWh - Applicable Sectors
- Investor-Owned Utility, Local Government, Retail Supplier
- Start Date
- 11/24/2005
- Last Updated
- 05/18/2021
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