2017’s Proposed HR 3043
Would have directed FERC to consider the significant investment of project upgrades and improvements when establishing the new license term during a project’s next relicensing.
LPDD Recommendation: “Congress could direct FERC, when approving a project upgrade or efficiency improvement, to extend license terms beyond 50 years to allow the project owner sufficient time to recoup the cost of investment.”
LPDD Recommendation: “Congress should reform FERC’s license amendment process by implementing a fast-track procedure for efficiency upgrades, modernization activities, and upgrades that are not anticipated to produce significant environmental effects.”