MD SB937

Establishes a competitive solicitation process for the Public Service Commission to procure dispatchable energy generation and large capacity energy resources, with expedited certificate of public convenience and necessity review for approved projects to be completed within 295 days

Creates a nuclear energy procurement framework allowing applications for new nuclear generation projects with long-term pricing schedules up to 30 years, zero-emission credit mechanisms, and requirements for community benefit agreements including prevailing wage and minority business participation goals

Requires investor-owned electric companies to submit plans for 150 megawatts of distribution-connected front-of-the-meter energy storage devices by November 2026-2027, and establishes procurement for up to 1,600 megawatts of transmission energy storage with 15-year pricing schedules

Removes waste-to-energy and refuse-derived fuel from Tier 1 renewable sources in the renewable energy portfolio standard, effective for compliance years starting January 1, 2025

Authorizes compliance fee revenue from the Maryland Strategic Energy Investment Fund to be used for "Legislative Energy Hardship Relief Refunds" credited to residential distribution customers' electric bills, with distributions during peak summer and winter months in fiscal year 2026