MD SB270

Public Service Commission must conduct a full costs and benefits analysis comparing electricity generation sources including natural gas, nuclear, offshore wind (at 8,500 megawatts capacity), solar, and energy storage

Analysis must use the "Levelized Full System Cost of Electricity" model, which calculates costs of serving the entire state market using only one energy source plus storage, incorporating capital costs, distribution costs, maintenance, capacity factors, and hourly demand

Study must account for additional costs needed to offset reliability issues and intermittency of offshore wind and solar energy

Commission must include recommended policy changes to support development of energy sources with lowest costs and greatest benefits to ratepayers

Report due to the Senate Education, Energy, and the Environment Committee and House Environment and Transportation Committee by December 1, 2027; effective date October 1, 2026