The strategy: MD is kicking off its first major storage procurement with two early-stage projects totaling 440 MW. If these installations pan out, the state will offer the developers Energy Storage Capacity Credits—flat, 15-year payments that could “hedge” against future PJM price uncertainty and help the projects secure financing, the Maryland PSC wrote in a statement.
The background: A state law that passed in 2025 requires the PSC to procure 1.6 GW of grid-connected storage. The next solicitation round is slated to begin by Jan. 1, 2027.Â
While we’re here: Over in New York, NYSERDA has selected 950 MW of bids to add much-needed storage to the Empire State. This marks the first of three annual RFPs, each targeting 1 GW of BESS.
Mon, Oct 5
Molly Glick
Energy Central Team
NEWS: Maryland is trying a new tactic to supercharge storage.
2
1 reply