Annapolis, MD, U.S.A. --- (METERING.COM) --- July 31, 2007 – Widespread deployment of smart meters and time-of-use pricing has been proposed by Maryland Energy Administration director Malcolm Woolf as a potential option to reduce energy consumption in the state.
Speaking at the Governor’s Energy Summit, called by state Governor Martin O’Malley to bring together community leaders, academic experts, government officials, industry regulators and business executives to discuss a strategic energy policy, Woolf said that the goals are affordable, reliable clean energy with a reduction in energy consumption by 15 percent by 2015.
On the demand side consumption was increasing relentlessly, while on the supply side there is ageing generation and transmission infrastructure, Woolf said. Continuing with a “business as usual” approach could lead to rolling blackouts across the state as early as 2010.
Other potential policy solutions suggested by Woolf were to create a public benefit fund to finance energy efficiency investments, establish a performance-based energy efficiency standard, decouple utility profits from sales and reward utilities for reducing consumption, use the tax code to incentivize energy efficiency investment in all sectors, and upgrade building codes.
The energy strategy is being developed under the EmPOWER Maryland initiative, which was launched by Governor O’Malley on July 2 to improve energy efficiency and accountability.