THE Department of Energy (DoE) announced it will commence accepting applications for renewable energy (RE) agreements via the Energy Virtual One-Stop Shop (EVOSS) System starting next week, following the removal of a five-month halt.
As of Nov. 25, RE developers will have the opportunity to present their formal letters of intent and requests for RE agreements through EVOSS, the DoE stated in a report on Tuesday.
“This resumption signifies a crucial advancement in progressing the nation’s renewable energy objectives, promoting more effective project approvals while ensuring that forthcoming initiatives are in accordance with the updated regulatory framework,” Energy Undersecretary Rowena Cristina L. Guevara commented.
Ms. Guevara is optimistic about “increased investment and growth in the renewable energy sector” following the enhancements, aiding in the aim of boosting the proportion of RE within the power generation mix.
The processing of RE applications through the EVOSS System was paused on June 25 to enable the DoE to refine the application procedure, aligning it with the revised omnibus regulations governing RE agreements published on June 10.
Additionally, the DoE has modified the procedure for developers to acquire a certificate of authority (CoA) prior to signing a renewable energy agreement. This change permits developers to initiate permit processing, perform surveys, and undertake pre-feasibility activities before the formal 25-year agreement period commences.
“Through the integration of CoA in the EVOSS application process and a clearer roster of registered renewable energy project developers, we can now oversee projects more efficiently,” Ms. Guevara stated.
“This will promote a more vibrant and competitive landscape, encouraging innovation and efficiency, while guaranteeing that the energy transition is spearheaded by committed and capable developers,” she added. — Sheldeen Joy Talavera
