Maryland Maryland Energy Energy OutlookOutlookAdvisory Committee Advisory Committee MeetingMeetingDecember 1, 2009December 1, 2009

Purpose of MeetingPurpose of Meeting

22

Present Maryland Energy Outlook Draft Report and policy options

Receive input and feedback from the Advisory Committee and the public

Maryland Energy GoalsMaryland Energy Goals

33

EmPOWER MD: 15% reduction in per capita electricity consumption and per capita peak demand by 2015 (2007 baseline)

Renewable Portfolio Standard (RPS): 20% of electricity from renewables by 2022, including 2% from solar

Climate Action: 25% reduction in GHG emissions by 2020 (2006 baseline)

Green Jobs: 100,000 new green jobs by 2015

Results So Far – EmPOWER MDResults So Far – EmPOWER MD

44

Forecasted Peak

Demand

Peak Demand Savings in Excess of Target

Source: : EmPOWER Maryland Targets and Population established by the PSC; PSC, BGE EmPOWER MD Staff Initial Comments, Tables ES1a-ES1b.

Results So Far – EmPOWER MDResults So Far – EmPOWER MD

55

Results So Far – RPSResults So Far – RPSRenewables = 4.5% of Maryland’s Renewables = 4.5% of Maryland’s

Electricity MixElectricity Mix

66 Source: Maryland PSC, Ten-Year Plan (2008-2017) of Electric Companies in Maryland

Results So Far – Climate Results So Far – Climate ActionAction

77

Too early to assess

88

Results So Far – Green JobsResults So Far – Green Jobs

Approximately 250,000 existing “green jobs”

What More Can We Do?What More Can We Do?

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Numerous policy options can and should be considered

Some of the most promising options were explored and evaluated

Options to Decrease Energy Options to Decrease Energy DemandDemand

1010

Time-of-sale disclosure of energy performance for residential and commercial buildings

Tax credits for zero energy and zero energy ready buildings

Combined heat and power (CHP) initiatives

Options to Advance Renewables Options to Advance Renewables to Meet Maryland’s Renewable to Meet Maryland’s Renewable

Portfolio Standard (RPS)Portfolio Standard (RPS)

1111

Modify the solar RPS Accelerate phase-in Adjust Alternative Compliance Payment

Extend waste-to-energy RPS requirement

Establish a carve-out for ocean energy Extend and expand MD Renewable

Production Tax Credit Program

Options for Advancing Clean Energy Options for Advancing Clean Energy Economic Development and Green Economic Development and Green

Jobs in MarylandJobs in Maryland

1212

Develop a clean energy economic development strategy

Options to Increase Options to Increase Transportation Energy Transportation Energy

IndependenceIndependence

1313

Increase availability and use of high-level ethanol blends

Increase availability and use of biodiesel

Promote electric-drive vehicles “Green” the State fleet Increase support for Commuter

Connections program

Next StepsNext Steps

1414

Written comments on the MEO draft final report will be accepted via email until Tuesday, December 15, 2009

To submit an email, please access the following link: http://www.energy.state.md.us/news/events/index.asp; the subject line must read “Maryland Energy Outlook ” to ensure proper routing and delivery

We will not be able to consider comments received after the December 15, 2009 deadline