MD HB1037

Establishes the Strategic Energy Planning Office within the Public Service Commission, headed by a Governor-appointed Director serving a 5-year term, to assess wholesale energy market financial, resource adequacy, and reliability risks for Maryland's long-term energy needs

Requires the Office to develop a Comprehensive Wholesale Energy Markets and Bulk Power System Risk Report every 3 years starting September 1, 2028, including 20-year electricity load projections for transmission zones and electric service territories

Mandates examination of multiple energy scenarios that identify least-cost solutions for resource adequacy issues, analyze different approaches to meeting clean energy goals, and assess financial risks to ratepayers from various resource mixes and generation retirements

Requires the Public Service Commission to conduct public proceedings at least every 3 years starting September 2030 to assess Risk Report recommendations, with opportunities for public comment

Directs the Maryland Energy Administration to obtain or develop power flow analyses related to electric generation facility retirements by January 1, 2026, and requires the Department of Transportation to study reducing transmission-constrained areas using existing rights-of-way by December 31, 2026