PG&E announced last week that it was withdrawing from the Federal Energy Regulatory Commission (FERC) relicensing process as well as the effort to sell the Potter Valley Project. California Trout has been engaged in both proceedings and are hopeful this development will create a favorable environment to continue working towards a two-basin solution.
From Pacific Gas and Electric:
Today PG&E submitted a letter to the Federal Energy Regulatory Commission providing our “Notice of Withdrawal of Notice Of Intent to File License Application and Pre-Application Document” for the Potter Valley Project. As a result, PG&E will expeditiously cease all activities related to the relicensing of the Project. Our decision to cease Project relicensing will also result in the stoppage of our efforts to sell the Project via the Request for Offers (RFO) process.
Although the timing is unclear at this point, we anticipate that PG&E’s action will result in FERC initiating its Orphan Project process. In accordance with the Orphan process, FERC will provide interested parties the opportunity to submit an application for a new Project license. We believe this path will allow interested parties more time to prepare for the acquisition of the Project and the ability to submit a License Application on their own terms rather than assuming PG&E’s current application. If the Orphan process does not result in the issuance of a new Project License, it is expected FERC will order PG&E to prepare and submit a Surrender Application and Decommissioning Plan.
Source: Email from California Trout, read more about the Potter Valley Project at: https://caltrout.org/regions/north-coast-region/keystone-initiative-eel-river-recovery/potter-valley-project-and-ferc-relicensing/