Investing in Maryland's Energy Future

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Malcolm Woolf, Director of the Maryland Energy Administration, discusses the current and planned policies and incentives for the solar energy industry in Maryland.

This presentation was given December 4, 2009 at the Solar Energy Focus Conference: Fall 2009 hosted by the Maryland, DC, Virginia Solar Energy Industries Association (MDV-SEIA) in Gaithersburg, MD.

To learn more please visit:

www.mdvseia.camp7.org

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Investing in Maryland's Energy Future

  1. 1. Investing in Maryland’s Energy Future Solar Policy Update Malcolm Woolf Director Maryland Energy Administration December 4, 2009
  2. 2. Maryland Residential Grant Program PV: Up to 20 kW and $10,000 SWH: 30% of cost up to $2,000 MEA Renewable Energy Grant Number of Households Served by Program Installed Capacity (kW) MEA Renewable Energy Grant
  3. 3. New Maryland Grant Programs Mid-Size Renewables Program • PV: 20 to 100 kW; up to $25,000 • SWH: > 100 sq ft; 30% of costs up to $25,000 • Launched November 2009 Project Sunburst for State Buildings • Up to 10 MWs • State and County Governments • Expected launch January 2010
  4. 4. Maryland Renewable Portfolio Standard Goal of 20% Renewables by 2022 Solar Carve-Out of 2% by 2022 • Goal of 0.025 % in 2010 ACP stays at $400/MWh in 2010 Average SREC price of $365/MWh in Nov
  5. 5. RPS Goals - Current Progress 2.6 MW of active solar capacity 1.1 MW add’l by Dec 31, 2009 Projected SREC shortfall in 2009 • 2,359 issued as of October • ~4,500 needed to meet 2009 RPS Reasons for shortfall • Economic recession • Difficult credit markets • Immaturity of SREC market
  6. 6. Commercial Scale Solar Ramping Several large projects in various stages of development • UMES, 2 MW • St Mary’s Co Landfill, 2 MW • NAS Pax River, 10 MW • Charles Co, 10 MW • Annapolis, 15 MW
  7. 7. Maryland Energy Outlook Identifies potential policy options and recommendations Reference for Legislative Session First Draft for Public Comment on December 1, 2009 Renewable Energy Section proposes: • Reducing decline in solar ACP • Increasing near-term solar RPS goals
  8. 8. For more information, please contact: Maryland Energy Administration 410-260-7655 or 800-72-ENERGY www.energy.md.gov

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