Declaration of Policy.
Section 2
SEC. 2. Declaration of Policy. - It is hereby declared the policy of the State to: (a) Ensure the quality, reliability, and security of energy at reasonable cost by undertaking measures to guarantee that supply meets demand in a timely manner; (b) Recognize the indispensable role of the private sector in power generation, transmission, and distribution by attracting new power generation, transmission, or distribution projects through am improved ease of doing business index, and reducing high transaction costs associated with copious requisites for proponents; (c) Ensure transparency and accountability in the process of approving power generation, transmission, or distribution projects; and (d) Deliver efficient and effective service to the public by: (1) Ensuring timely completion of power generation, transmission, or distribution projects by eliminating duplication, redundancy, and overlapping mandates in documentary submission and processes by supplying an online platform for government agencies to coordinate and share information; and (2) Providing a paperless and electronic application and processing system which serves as a single gateway through which proponents can access all information necessary in the application for a new generation, transmission, or distribution project, submit all requirements related to the application, and monitor the approval of such application.