Maryland Coalition Pushes to Increase Renewable Energy Goals

Posted January 19th, 2015 by SRECTrade.

A group of Maryland renewable energy advocates are proposing to double the state’s Renewable Portfolio Standard in an effort to move forward on clean energy and climate action.

The state’s current benchmark for renewable energy is 20% by 2022; with 2% generated from solar by 2020. The proposed goal would increase the target to 40% by 2025.

State Sen. Brian Feldman has agreed to sponsor the bill in the Senate, but there is currently no House sponsor. Similar legislation was proposed last session, but to no avail. Additionally, Governor Larry Hogan has not yet provided any insight on the subject.

Feldman said in a statement. “Solar is bigger than the crab industry now in this state. This legislation helps expand that prosperity with a sound policy that creates investment certainty for businesses and consumers.”

The legislation is said to improve Maryland’s economy, as states with the best clean energy standards attract more clean energy companies, and therefore more clean energy jobs.

Additional information on this matter will be provided as it becomes available.

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