DOE seeks early GEA-5 bids for OSW

The Department of Energy (DOE) is urging renewable energy (RE) developers to submit their infrastructure plans early for the fifth Green Energy Auction (GEA-5).

- By GABRIELL CHRISTEL GALANG

In a statement on Tuesday, July 1, the DOE said the early submission aims to facilitate inter-agency coordination and minimize the risk of project delays as bidding activities for the auction are set to begin.

The DOE recently held a stakeholder dialogue to discuss GEA-5’s terms of reference (TOR), which will primarily focus on auctioning offshore wind (OSW) projects.

During the dialogue, the DOE noted the importance of early coordination with the transmission network service provider and the port authority.

The DOE also called for coordinated efforts from potential bidders to anticipate and address development needs.

Developers are encouraged to submit infrastructure plans at the earliest stages to support inter-agency coordination, reduce bottlenecks, and enhance accountability, the DOE stated.