§ 5-446. Energy project -- Considerations; promotion

MD Econ Dev Code § 5-446 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a)    In awarding financial assistance under this subtitle for an energy project, the Authority shall consider whether the energy project would:

(1)    reduce the consumption of petroleum and other energy sources;

(2)    increase the energy supply available in the State;

(3)    increase employment and economic activity in the State;

(4)    use sound technology and be economically feasible;

(5)    minimize harm to the environment; and

(6)    make the most use of federal financial assistance programs for energy projects.

(b)    The Authority shall:

(1)    promote programs of financial assistance for energy projects established under this subtitle;

(2)    inform consumers, the private sector, and financial institutions about these programs and actively seek their participation;

(3)    develop and disseminate descriptions of its programs of financial assistance for energy projects; and

(4)    serve as a clearinghouse for information on federal and State programs of financial assistance for energy projects.