Gov’t crafts dev’t framework for offshore wind energy

The Department of Energy (DOE) is crafting an executive order (EO) to strengthen and rationalize the regulatory framework for immediate offshore wind development amid strong investor interest.

“Because of the nascent nature of OSW, the President has approved the concept of an offshore wind one-stop shop (OWOSS) through the issuance of an EO,” Energy Secretary Raphael P.M. Lotilla said.

Lotilla said President Bongbong Marcos was briefed before he left for the ASEAN Summit in Cambodia.

“The proposed EO would spell out the regulatory framework in building a robust OSW industry and covers a long-term vision, infrastructure development, investments, and sound policies,” Lotilla said.

He the OSW roll-out requires processing from more than 10 government agencies, apart from the DOE.

Lotilla said the objective is to streamline the processes and requirements of these agencies and the grid operator.

He said DOE is also developing a marine spatial planning (MSP) system aligned with the best international industry practice.

MSP is a practical way to establish a more rational use of marine space and the interaction among its uses.

“Once the EO is in place, the timelines, and processing of OSW applications will be incorporated in the existing Energy Virtual One Stop Shop (EVOSS) System,” Lotilla said.

EVOSS is an online platform under the supervision of the DOE which enables a coordinated submission and synchronous processing of data and information relative to applications for energy projects.

Lotilla said the agency would also revisit the OSW service contract to reflect reasonable timelines better and divide them into clear phases.

These would include data acquisition, study phase, and permitting; development plan, grid integration, and final investment decision phase; construction, installation, and connection phase; commissioning and production phase; and decommissioning phase.

DOE has awarded 42 OSW wind service contracts with an indicated 31.5 GW of installed capacity.

The prime areas identified are Northern Luzon, Verde Island Passage, Northern Mindoro, and Southern Mindoro.

ERC to look into complaints of overcharging by power firms

Numerous complaints on increasing electricity rates have prompted the Energy Regulatory Commission (ERC) to launch an investigation on the accuracy and reasonableness of the generation rates being passed on by distribution utilities (DUs) to its consumers.

Synergy Grid declares P1.37B cash dividends

Synergy Grid and Development Philippines of bilyonaryos Big Boy Sy and Robert Coyiuto is set to reward its shareholders with a cash dividend similar to the amount given the past two quarters.