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Maryland PSC Staff Offer Most Immediate Opportunities For Resource Adequacy
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Staff of the Maryland PSC have offered an overview of resource adequacy policies and options available to the Maryland PSC, as parties filed comments in the PSC's review of resource adequacy (PC 66)
Staff did not offer any comments couched as "recommendations."
However, Staff did state that energy storage offers the most "immediate" option for the PSC to address resource adequacy
"The most immediate opportunity for the Commission to impact resource adequacy concerns through its policy tools are in the energy storage sector, which has made proposals to the Commission for consideration in RM85," Staff said
"The most challenging sector is the transmission sector, where jurisdictional considerations primarily require the Commission to apply collaborative tools," Staff said
"Upgrading existing transmission infrastructure may be a fruitful path forward," Staff said
Staff discussed various considerations arising from utility-owned generation and/or long-term generation contracting, but did not offer a recommendation on either
Potomac Electric Power Company, Delmarva Power & Light Company, and Baltimore Gas Electric Company (collectively describing themselves as the "Joint Exelon Utilities") filed comments listing utility ownership of rate-regulated generation as a "possible" resource adequacy solution for PSC consideration, but did not specifically recommend such a policy
In separate comments, Potomac Edison (a FirstEnergy company) also did not specifically recommend utility ownership of large central-station generation
However, Potomac Edison did state, "the Commission could consider granting electric companies the authority to procure generation
resources as a backstop when competitive markets are not projected to meet future demand in the
region."
Potomac Edison also specifically "encourages" the PSC to "consider" utility-owned or contracted energy storage as a "central" part of the 3 GW Maryland Energy Storage Program, required under PUA § 7-216.1 (B)(III).
Potomac Edison also suggested that a state agency (such as the Maryland Energy Administration) could procure capacity under PPAs, or the state agency could own resources itself
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November 11, 2024
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Copyright 2024 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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