MANILA-- Department of Energy (DOE) Secretary Alfonso Cusi has expressed optimism over the recently-signed Executive Order 30 creating the Energy Investment Coordinating Council (EICC), that will lead government efforts toward the development of energy investments in the country.
In his keynote speech during the E-Power Mo! event at the Philippine International Convention Center (PICC) in Pasay City on Wednesday, Cusi said the EICC will fast-track the implementation of major energy projects by coordinating the efforts of various government agencies.
Cusi said these projects will be endorsed by the DOE as Energy Projects of National Significance if this is in accordance to the Philippine Energy Plan.
With the EO in place, we expect fast delivery of basic energy services, while providing additional investments for the economy that would lead to increased employment opportunities for Filipinos, Cusi said.
Last week, President Rodrigo Duterte signed EO No. 30 entitled Creating the Energy Investment Coordinating Council (EICC) to Streamline Regulatory Procedures Affecting Energy Projects.
EO No. 30 established the EICC, which will lead and coordinate national government efforts on matters relevant to the development of energy investments in the country, particularly Energy Projects of National Significance (EPNS).
To streamline the regulatory procedures affecting energy projects, the EO stated the baselines in the processing of EPNS, from prior approvals of applications to actual approval, which are not to exceed the 30-day time frame.
For the issuance of Environmental Compliance Certificates (ECCs) for EPNS, the Department of Natural Resources (DENR) will formulate a guideline consistent with the objectives and provisions of this Order.
To be headed by a representative from the Department of Energy (DOE), the EICC will convene within 30 days from the effectivity of the EO and will exercise functions such as the establishment of a simplified approval process, preparation of rules governing the resolution of inter-agency issues, maintenance of an information database and a web-based monitoring system, creation of inter-agency subcommittees, submission of quarterly progress reports, among others.
Source: Philippines News Agency