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Next Generation Energy Act

Sector: Government • Location: Maryland, United States

Source: Maryland Matters

Project
Planned

The Next Generation Energy Act aims to increase in-state power generation and battery energy storage in Maryland, while curtailing costs for consumers by limiting how utilities can spend ratepayer dollars. The law also redirects about $200 million from a state fund to refunds for ratepayers and calls for two procurement periods starting in 2026 to bring 800 megawatts of energy storage in each peri

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The project “Next Generation Energy Act” is an infrastructure initiative in the Government sector, located in Maryland, United States. Taiyo aggregates data on it from Maryland Matters.

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Participants

Sponsoring Agency

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Company

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Status

Original status

planned

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Email

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Address

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Description

Description

The Next Generation Energy Act aims to increase in-state power generation and battery energy storage in Maryland, while curtailing costs for consumers by limiting how utilities can spend ratepayer dollars. The law also redirects about $200 million from a state fund to refunds for ratepayers and calls for two procurement periods starting in 2026 to bring 800 megawatts of energy storage in each period to the state.

Original sub-sector

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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