Pacific Gas & Electric Company; Notice of Availability of Environmental Assessment, 27137 [E9-13235]
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Federal Register / Vol. 74, No. 108 / Monday, June 8, 2009 / Notices
lower interest bearing accounts.
Therefore, using the lower 30-year
Treasury bond rate for the present value
calculation would not be appropriate
and would result in too much
compensation for the losses.
Southwestern’s draft addendum revises
the discount rate selection for
calculation of the present value of the
losses as follows: In calculating the
present value of the Federal and nonFederal losses, Southwestern will use
the higher of the current 30-year
Treasury bond rate or each entity’s,
Southwestern and Empire, respectively,
cost of long-term debt.
Based on an analysis of the long-term
debt for Southwestern, the current 30year Treasury bond rate is higher than
Southwestern’s cost of long-term debt.
Using the updated procedure, the
current discount rate to be used in the
calculation of the present value of the
Federal hydropower losses is the 30year Treasury bond rate. Based on an
analysis of the long-term debt for the
non-Federal licensee utilizing
information in its filings with FERC, the
current 30-year Treasury bond rate is
lower than the non-Federal licensee’s
cost of long-term debt. The updated
procedure results in the use of the nonFederal licensee’s cost of long-term debt
as the current discount rate in the
calculation of the present value of the
non-Federal hydropower losses.
Southwestern’s draft addendum
details the proposed changes to
Southwestern’s final determination.
Assuming a January 1, 2011 date of
implementation for the White River
Minimum Flows project and current
values for the specified parameters,
Southwestern’s modified final
determination results in a present value
for the estimated future lifetime
replacement costs of the electrical
energy and capacity at FERC Project No.
2221 of $22,340,800. Southwestern’s
modified final determination results in
a present value for the estimated future
lifetime replacement costs of the
electrical energy and capacity for
Federal hydropower of $60,851,800. The
actual compensation values are to be
calculated using the method presented
in Southwestern’s modified final
determination and current values for the
specified parameters based on the
official implementation date.
II. Public Review and Comment
Procedures
Opportunity is presented for
interested parties to receive copies of
Southwestern’s draft addendum
detailing the proposed changes to
Southwestern’s final determination of
the Federal and non-Federal
hydropower impacts. If you desire a
VerDate Nov<24>2008
15:15 Jun 05, 2009
Jkt 217001
copy of the draft addendum, submit
your request to Mr. George Robbins,
Director, Division of Resources and
Rates, Southwestern Power
Administration, One West Third Street,
Tulsa, OK 74103, (918) 595–6680,
george.robbins@swpa.gov.
Written comments on Southwestern’s
draft addendum are due on or before
July 8, 2009. Comments should be
submitted to George Robbins, Director,
Division of Resources and Rates,
Southwestern, at the above-mentioned
address for Southwestern’s offices.
Comments will be accepted only on the
proposed changes in the draft
addendum and not on any other aspect
of Southwestern’s final determination.
Southwestern will review and address
the written comments, making any
necessary changes to the draft
addendum. The Administrator will
publish the results of Southwestern’s
finalized addendum in the Federal
Register.
Dated: June 1, 2009.
Jon C. Worthington,
Administrator.
[FR Doc. E9–13322 Filed 6–5–09; 8:45 am]
BILLING CODE 6450–01–P
DEPARTMENT OF ENERGY
Federal Energy Regulatory
Commission
[Project No. 1354–081]
Pacific Gas & Electric Company;
Notice of Availability of Environmental
Assessment
June 1, 2009.
In accordance with the National
Environmental Policy Act of 1969, as
amended, and the Federal Energy
Regulatory Commission’s (Commission)
regulations (18 CFR Part 380),
Commission staff has reviewed plans,
filed May 13, 2008, and supplemented
April 17, 2009, to perform seismic
remediation work at Crane Valley Dam,
part of the Crane Valley Hydroelectric
Project. The project occupies
approximately 738 acres of federal lands
within Sierra National Forest,
approximately 40 miles northeast of the
city of Fresno in Modesto County,
California. Crane Valley Dam is located
on North Fork Willow Creek, in the San
Joaquin River Basin. An environmental
assessment (EA) has been prepared as
part of staff’s review.
The project licensee, Pacific Gas and
Electric Company (PG&E), at the request
of the California Department of Water
Resources, Division of Safety of Dams
(DSOD), revised the seismic stability
PO 00000
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27137
analyses for Crane Valley Dam, finding
that modifications to the dam are
necessary to correct a possible
vulnerability during a seismic event that
could lead to an uncontrolled release,
endangering downstream residents.
Accordingly, the Commission has
required remediation under Part 12 of
its regulations.
PG&E proposes to increase the
seismic stability of Crane Valley Dam
by: (1) Adding approximately 200,000
cubic yards of rock fill to areas on the
upstream and downstream faces of the
dam; and (2) raising the elevation of the
dam by approximately 10 feet, to
increase freeboard, using approximately
10,000 cubic yards of earth fill.
Consultation among the Commission,
DSOD, and the licensee has also
determined that Bass Lake’s normal
recreational elevation should be
reduced 10 feet in 2009 and 2010 to
reduce pressure on the dam until the
remediation work is complete. The
proposed work would be performed
within the project boundary and on U.S.
Forest Service lands.
In the EA, Commission staff analyzes
the probable environmental effects of
the proposed work and has concluded
that approval of the work, with
appropriate environmental measures,
would not constitute a major Federal
action significantly affecting the quality
of the human environment.
A copy of the EA is available for
review at the Commission’s Public
Reference Room, or it may be viewed on
the Commission’s Web site at https://
www.ferc.gov using the ‘‘eLibrary’’ link.
Enter the docket number (P–1354) in the
docket number field to access the
document. For assistance, call (202)
502–8222, or (202) 502–8659 (for TTY).
Any comments should be filed by July
1, 2009, and should be addressed to
Secretary, Federal Energy Regulatory
Commission, 888 First Street, NE.,
Washington, DC 20426. Please reference
the Crane Valley Project No. 1354 on all
comments. For further information on
this notice, please contact B. Peter
Yarrington at (202) 502–6129.
Comments may be filed electronically
via the Internet in lieu of paper. See 18
CFR 385.2001(a)(1)(iii) and the
instructions on the Commission’s Web
site at www.ferc.gov under the e-Filing
link. The Commission strongly
encourages electronic filing.
Kimberly D. Bose,
Secretary.
[FR Doc. E9–13235 Filed 6–5–09; 8:45 am]
BILLING CODE 6717–01–P
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]]>Agencies
[Federal Register Volume 74, Number 108 (Monday, June 8, 2009)]
[Notices]
[Page 27137]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-13235]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Project No. 1354-081]
Pacific Gas & Electric Company; Notice of Availability of
Environmental Assessment
June 1, 2009.
In accordance with the National Environmental Policy Act of 1969,
as amended, and the Federal Energy Regulatory Commission's (Commission)
regulations (18 CFR Part 380), Commission staff has reviewed plans,
filed May 13, 2008, and supplemented April 17, 2009, to perform seismic
remediation work at Crane Valley Dam, part of the Crane Valley
Hydroelectric Project. The project occupies approximately 738 acres of
federal lands within Sierra National Forest, approximately 40 miles
northeast of the city of Fresno in Modesto County, California. Crane
Valley Dam is located on North Fork Willow Creek, in the San Joaquin
River Basin. An environmental assessment (EA) has been prepared as part
of staff's review.
The project licensee, Pacific Gas and Electric Company (PG&E), at
the request of the California Department of Water Resources, Division
of Safety of Dams (DSOD), revised the seismic stability analyses for
Crane Valley Dam, finding that modifications to the dam are necessary
to correct a possible vulnerability during a seismic event that could
lead to an uncontrolled release, endangering downstream residents.
Accordingly, the Commission has required remediation under Part 12 of
its regulations.
PG&E proposes to increase the seismic stability of Crane Valley Dam
by: (1) Adding approximately 200,000 cubic yards of rock fill to areas
on the upstream and downstream faces of the dam; and (2) raising the
elevation of the dam by approximately 10 feet, to increase freeboard,
using approximately 10,000 cubic yards of earth fill. Consultation
among the Commission, DSOD, and the licensee has also determined that
Bass Lake's normal recreational elevation should be reduced 10 feet in
2009 and 2010 to reduce pressure on the dam until the remediation work
is complete. The proposed work would be performed within the project
boundary and on U.S. Forest Service lands.
In the EA, Commission staff analyzes the probable environmental
effects of the proposed work and has concluded that approval of the
work, with appropriate environmental measures, would not constitute a
major Federal action significantly affecting the quality of the human
environment.
A copy of the EA is available for review at the Commission's Public
Reference Room, or it may be viewed on the Commission's Web site at
https://www.ferc.gov using the ``eLibrary'' link. Enter the docket
number (P-1354) in the docket number field to access the document. For
assistance, call (202) 502-8222, or (202) 502-8659 (for TTY).
Any comments should be filed by July 1, 2009, and should be
addressed to Secretary, Federal Energy Regulatory Commission, 888 First
Street, NE., Washington, DC 20426. Please reference the Crane Valley
Project No. 1354 on all comments. For further information on this
notice, please contact B. Peter Yarrington at (202) 502-6129.
Comments may be filed electronically via the Internet in lieu of
paper. See 18 CFR 385.2001(a)(1)(iii) and the instructions on the
Commission's Web site at www.ferc.gov under the e-Filing link. The
Commission strongly encourages electronic filing.
Kimberly D. Bose,
Secretary.
[FR Doc. E9-13235 Filed 6-5-09; 8:45 am]
BILLING CODE 6717-01-P
