On March 11 the Department of Energy’s Federal Energy Management Program (FEMP) issued a 76-page document comprised of best practices and other guidance for federal agencies developing large-scale renewable energy projects. Entitled “Large-Scale Renewable Energy Guide: Developing Renewable Energy Projects Larger than 10 MWs at Federal Facilities,” the document is designed to help regulators and private investors streamline efforts to develop renewable energy projects larger than 10 megawatts.
The guidelines encourage federal agencies sponsoring renewable energy development to mitigate risks and take other steps to make new projects attractive to private markets and improve their viability. The guide educates federal project managers on private-sector financing across a variety of funding options and competitive acquisition processes. Commercial developers may use the guidance to better understand federal energy planning and acquisition processes.