A proposal by RAE, the Regulatory Authority for Energy, that would require RES license applications to be accompanied by letters of guarantee is expected to prompt a reaction from renewable energy sector officials.

RAE, following up on its public consultation procedure, has forwarded to the energy ministry proposals aiming for a simplification of RES licensing procedures.

Current procedures drag on for years. Investors have called for simpler licensing procedures, while the government has pledged full decarbonization by 2028.

The RAE plan, as is, would shorten various procedures, it is believed.

The energy ministry has relayed the RAE proposals to all interested parties and is awaiting their feedback.