The Department of Energy (DOE) is set to resume the acceptance and processing of RE contract applications through the Energy Virtual One-Stop Shop System (EVOSS).
Effective November 25, RE developers could submit their letter of intent and application for RE contracts through the EVOSS online platform, the DOE said in a statement on Tuesday.
EVOSS is an online system that unifies and streamlines applications and permitting processes for power generation, transmission and distribution projects.
Processing of RE applications in the EVOSS was suspended last June to allow the DOE to update and align the application process in the EVOSS with the revised omnibus guidelines governing RE contracts.
The DOE said the five-month moratorium enabled the agency to update the list of active RE contracts, while also enhancing the functionality of the EVOSS and streamlining processes with concerned government agencies.
Additionally, a new procedure was established for the real-time updating of available areas for RE service and operating contract applications.
“This resumption marks a significant step in advancing the country’s renewable energy goals, facilitating a more efficient project approvals while ensuring that future developments align with the updated regulatory framework. Through these improvements, we hope to foster greater investment and development in the renewable energy sector, contributing to the goal of renewable energy share of 35 percent by 2030 and 50 percent by 2040 in the power generation mix,” DOE Undersecretary Rowena Cristina Guevara said in the statement.
DOE’s revised omnibus guidelines introduced new opportunities for developers to improve their work programs. Among major changes implemented is the option for developers to obtain a Certificate of Authority (COA) before signing a RE contract.
“With the inclusion of COA in the EVOSS application process and a cleaner list of registered renewable energy project developers, we can now monitor projects more effectively… This will foster a more dynamic and competitive environment, driving innovation and efficiency, while ensuring that the energy transition is led by committed and capable developers,” Guevara said.
DOE said securing a COA is crucial in the development process of power generation projects as it enables developers to secure necessary permits and conduct surveys and pre-feasibility activities prior to the commencement of the 25-year contract.
By allowing these activities to take place earlier, developers can better prepare for project implementation and proactively address potential challenges.
The COA is valid for three years for offshore wind projects, biomass, geothermal, hydropower, ocean and onshore wind projects; and two years for floating solar and one year for land-based solar projects.
DOE’s revised guidelines also simplify the process for obtaining incentives for RE projects as developers can now secure a certificate of registration (COR) after confirming the commercial viability of their projects.
In the case of biomass and solar energy projects, developers can secure the COR after achieving financial closure.
