The state in 2013 enacted the Maryland Offshore Wind Energy Act (OWEA), which creates a carve-out for offshore wind generation to supply up to 2.5% of total retail electricity sales beginning in 2017 and extending beyond 2022.
The law stipulates that ORECs will be awarded to offshore wind farm operators on a megawatt-hour production basis. It obligates the state’s investor-owned electric utilities to purchase 2.5%
