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14473 1 (1998)

handle is hein.usccsset/usconset50514 and id is 1 raw text is: AUTHENTICATEO
U.S. GOVERNMENT
INFORMATION
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                                                       Calendar No. 527
                  105TH CONGRESS             SEAEREPORT
                     2d Session              SENATE                 105-290




                            HYDROELECTRIC PROJECT IN ARKANSAS



                                  AUGUST 25, 1998.-Ordered to be printed

                          Filed under authority of the order of the Senate of July 31, 1998


                     Mr. MURKOWSKI, from the Committee on Energy and Natural
                                 Resources, submitted the following


                                           REPORT

                                        [To accompany S. 2171]
                    The Committee on Energy and Natural Resources, to which was
                  referred the bill (S. 2171) to extend the deadline under the Federal
                  Power Act applicable to the construction of a hydroelectric project
                  in the State of Arkansas, having considered the same, reports fa-
                  vorably thereon without amendment and recommends that the bill
                  do pass.
                                     PURPOSE OF THE MEASURE
                    The purpose of S. 2171 is to extend the deadline contained in the
                  Federal Power Act for the commencement of construction of a
                  FERC-licensed hydroelectric project (No. 10455) located in the
                  State of Arkansas.
                                      BACKGROUND AND NEED
                    Section 13 of the Federal Power Act requires a licensee to com-
                  mence the construction of the hydroelectric project within two
                  years of the date of the issuance of the license. That deadline can
                  be extended by the FERC one time for as much as two additional
                  years. If construction has not commenced by the end of the time
                  period, the license is terminated by the FERC. Thus, in the absence
                  of this legislation, the FERC would terminate the license for project
                  No. 10455 at the end of the time period authorized under the Fed-
                  eral Power Act for commencement of construction.
                    On occasion a licensee may have difficulty obtaining a power
                  sales contract, and until that is obtained the licensee cannot secure
                     59-010

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