Tuesday, October 24, 2017

New Default 40-Year Hydro License Term

Originally published by Energy Legal Blog ®.

With more than 300 projects anticipated to undergo relicensing over the next 8 years, the Federal Energy Regulatory Commission (“FERC”) issued a new policy statement on October 19, 2017 establishing a 40-year default license term for Federal Power Act (“FPA”) hydroelectric licenses for projects located at non-federal dams.[1]  Since the license term determines the period over which an investor is able to recover investment in project fa

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Dave Poe, Seth Lucia, Serena Rwejuna
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