This bill directs the Federal Energy Regulatory Commission (FERC)to submit to Congress a report on hydropower projects that:
identifies each project licensed by FERC that is located at a nonpowered site that serves as storage to support downstream power generation; analyzes the value of electric power generation associated with each of these projects; describes the range of options that exist under current law with respect to surrender or transfer of a FERC license for these projects; identifies any barriers to the surrender or transfer of a FERC license for these projects; and identifies the costs incurred by project owners resulting from the requirements imposed by a FERC license, including applicable costs broken down by category.
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