The Department of Energy is targeting to issue bidding guidelines for the inclusion of renewable energy projects previously dislodged from the feed-in-tariff incentive system in the Green Energy Auction Program .
“The DOE shall undertake a different auction process and design for a specific non-FIT RE technology including alternate compensation package, as it may deemed fit in order to meet the objectives of the RE Act and the energy transition program of the government,” the agency said. In the past, however, there had been RE projects dislodged from the FIT system of incentives because the caps per RE technology prescribed by the government had already been fully subscribed.
Source: Energy Industry News (energyindustrynews.net)
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