Revision to Power Marketing Policy Cumberland System of Projects, 24981-24983 [2023-08633]

Download as PDF lotter on DSK11XQN23PROD with NOTICES1 Federal Register / Vol. 88, No. 79 / Tuesday, April 25, 2023 / Notices Filed Date: 4/18/23. Accession Number: 20230418–5188. Comment Date: 5 p.m. ET 5/9/23. Docket Numbers: ER23–1167–001. Applicants: PJM Interconnection, L.L.C. Description: Tariff Amendment: Request to Defer Action on SA Filing Amend to ISA, SA No. 6804 Queue No. AC2–090 to be effective 12/31/9998. Filed Date: 4/19/23. Accession Number: 20230419–5116. Comment Date: 5 p.m. ET 5/10/23. Docket Numbers: ER23–1658–000. Applicants: PJM Interconnection, L.L.C. Description: § 205(d) Rate Filing: Revised ISA, SA No. 6770; Queue Nos. AE2–071/AF1–203 to be effective 3/20/ 2023. Filed Date: 4/19/23. Accession Number: 20230419–5033. Comment Date: 5 p.m. ET 5/10/23. Docket Numbers: ER23–1659–000. Applicants: PJM Interconnection, L.L.C. Description: § 205(d) Rate Filing: Original ISA, Service Agreement No. 6861; Queue No. AE2–072 to be effective 3/20/2023. Filed Date: 4/19/23. Accession Number: 20230419–5040. Comment Date: 5 p.m. ET 5/10/23. Docket Numbers: ER23–1661–000. Applicants: Pacific Gas and Electric Company. Description: § 205(d) Rate Filing: TO Pro Forma Interconnection Agreement to be effective 6/19/2023. Filed Date: 4/19/23. Accession Number: 20230419–5088. Comment Date: 5 p.m. ET 5/10/23. Docket Numbers: ER23–1662–000. Applicants: Midcontinent Independent System Operator, Inc. Description: § 205(d) Rate Filing: 2023–04–19_SA 2930 Termination of ITC-Sugar Creek 1st Rev GIA (J419) to be effective 4/20/2023. Filed Date: 4/19/23. Accession Number: 20230419–5120. Comment Date: 5 p.m. ET 5/10/23. Docket Numbers: ER23–1663–000. Applicants: PJM Interconnection, L.L.C. Description: § 205(d) Rate Filing: Amendment to WMPA, Service Agreement No. 6082; Queue No. AF1– 039 to be effective 6/19/2023. Filed Date: 4/19/23. Accession Number: 20230419–5123. Comment Date: 5 p.m. ET 5/10/23. The filings are accessible in the Commission’s eLibrary system (https:// elibrary.ferc.gov/idmws/search/ fercgensearch.asp) by querying the docket number. VerDate Sep<11>2014 16:47 Apr 24, 2023 Jkt 259001 Any person desiring to intervene or protest in any of the above proceedings must file in accordance with Rules 211 and 214 of the Commission’s Regulations (18 CFR 385.211 and 385.214) on or before 5:00 p.m. Eastern time on the specified comment date. Protests may be considered, but intervention is necessary to become a party to the proceeding. eFiling is encouraged. More detailed information relating to filing requirements, interventions, protests, service, and qualifying facilities filings can be found at: https://www.ferc.gov/ docs-filing/efiling/filing-req.pdf. For other information, call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Dated: April 19, 2023. Debbie-Anne A. Reese, Deputy Secretary. BILLING CODE 6717–01–P [FR Doc. 2023–08682 Filed 4–24–23; 8:45 am] BILLING CODE 6717–01–P DEPARTMENT OF ENERGY Revision to Power Marketing Policy Cumberland System of Projects Southeastern Power Administration, DOE. ACTION: Notice of proposed revision to power marketing policy. Federal Energy Regulatory Commission Take notice that the Commission has received the following Natural Gas & Oil Pipeline Rate and Refund Report filings: Filings Instituting Proceedings Docket Numbers: RP23–691–000. Applicants: El Paso Natural Gas Company, L.L.C. Description: Compliance filing: Penalty Crediting Report for 2022 to be effective N/A. Filed Date: 4/19/23. Accession Number: 20230419–5034. Comment Date: 5 p.m. ET 5/1/23. Docket Numbers: RP23–692–000. Applicants: Midcontinent Express Pipeline LLC. Description: § 4(d) Rate Filing: Fuel Tracker Filing 4/19/23 to be effective 6/ 1/2023. Filed Date: 4/19/23. Accession Number: 20230419–5084. Comment Date: 5 p.m. ET 5/1/23. Any person desiring to intervene or protest in any of the above proceedings must file in accordance with Rules 211 and 214 of the Commission’s Regulations (18 CFR 385.211 and 385.214) on or before 5:00 p.m. Eastern time on the specified comment date. Protests may be considered, but intervention is necessary to become a party to the proceeding. The filings are accessible in the Commission’s eLibrary system (https:// elibrary.ferc.gov/idmws/search/ Sfmt 4703 Pursuant to its Procedure for Public Participation in the Formulation of Marketing Policy, published in the Federal Register on July 6, 1978, Southeastern Power Administration (Southeastern) published on October 21, 2021, a notice of intent to revise its power marketing policy to include provisions regarding renewable energy certificates (RECs) from its Cumberland System of Projects. The current power marketing policy was published on August 5, 1993, for the Cumberland System (System) and is reflected in contracts for the sale of system power, which are maintained in Southeastern’s headquarters office. The following is the proposed revision to the Cumberland System Power Marketing Policy to include a procedure for distribution of RECs to Preference Customers. Southeastern solicits written comments in formulating the final marketing policy revision. DATES: A public information and comment forum will be held on June 29, 2023 at 11 a.m. via a virtual web based meeting to allow maximum participation. Persons desiring to attend the forum should notify Southeastern by June 22, 2023, so that a list of forum participants can be prepared. Persons desiring to speak at the forum should specify this in their notification to Southeastern; others may speak if time permits. Written comments are due July 14, 2023, fifteen (15) days after the scheduled comment forum. ADDRESSES: Written comments should be submitted to: Virgil G. Hobbs III, SUMMARY: Combined Notice of Filings Fmt 4703 Dated: April 19, 2023. Debbie-Anne A. Reese, Deputy Secretary. AGENCY: DEPARTMENT OF ENERGY Frm 00014 fercgensearch.asp) by querying the docket number. eFiling is encouraged. More detailed information relating to filing requirements, interventions, protests, service, and qualifying facilities filings can be found at: https://www.ferc.gov/ docs-filing/efiling/filing-req.pdf. For other information, call (866) 208–3676 (toll free). For TTY, call (202) 502–8659. Southeastern Power Administration [FR Doc. 2023–08683 Filed 4–24–23; 8:45 am] PO 00000 24981 E:\FR\FM\25APN1.SGM 25APN1 lotter on DSK11XQN23PROD with NOTICES1 24982 Federal Register / Vol. 88, No. 79 / Tuesday, April 25, 2023 / Notices Administrator, Southeastern Power Administration, Department of Energy, 1166 Athens Tech Road, Elberton, Georgia 30635–6711, and emailed to comments@sepa.doe.gov. The public information and comment forum for the revision of the Cumberland System Power marketing policy to include provisions for RECs will be by Microsoft Teams. Please register your intent to attend, including name, address, phone number, and email address, with Southeastern’s Legal Assistant, Karen Fitzpatrick at karen.fitzpatrick@ sepa.doe.gov, to receive updates on the meeting status of the comment forum. FOR FURTHER INFORMATION CONTACT: Leon Jourolmon IV, General Counsel, Southeastern Power Administration, 1166 Athens Tech Road, Elberton, Georgia 30635. Telephone: (706) 213– 3800. Email: leon.jourolmon@ sepa.doe.gov. SUPPLEMENTARY INFORMATION: Pursuant to its ‘‘Procedure for Public Participation in Formulation of Marketing Policy’’ (43 FR 29186), Southeastern published a ‘‘Notice of Issuance of Final Power Marketing Policy, Cumberland System of Projects’’ in the Federal Register on August 5, 1993 (58 FR 41762). The policy establishes the marketing area for system power and addresses the utilization of area utility systems for essential purposes. The policy also addresses wholesale rates, resale rates, and conservation measures, but does not address RECs. Under Section 5 of the Flood Control Act of 1944 (16 U.S.C. 825s), Southeastern is responsible for the transmission disposition of electric power and energy from reservoir projects operated by the Department of the Army. Furthermore, Southeastern must transmit and dispose of such power and energy in such manner as to encourage the most widespread use at the lowest possible rates consistent with sound business principles. Rate schedules are drawn to recover all costs associated with producing and transmitting the power in accordance with repayment criteria. Southeastern began the development of a REC distribution process at the request of customers in the KerrPhilpott System. To expand the REC distribution to additional customers, Southeastern has begun to develop a process for REC distribution in the Cumberland System. The purpose of the distributions is to provide customers with a product that the customers have asked to receive, which will add value to the green, renewable hydropower already delivered. The revisions will not change the Administrator’s prior VerDate Sep<11>2014 16:47 Apr 24, 2023 Jkt 259001 determinations regarding power allocation within the System marketing area. All documents introduced at the public information and comment forum, and all comments, questions and answers will be available for inspection and copying in accordance with the Freedom of Information Act (5 U.S.C. 552). Public Notice and Comment On October 21, 2021, Southeastern published in the Federal Register a ‘‘Notice of Intent to Revise Power Marketing Policy Cumberland System of Projects’’ (86 FR 58260) to revise its marketing policy by including provisions regarding RECs from the System. The notice requested that written comments and proposals be submitted on or before December 20, 2021. Southeastern received no public comments. Proposed Revision to the Power Marketing Policy The System consists of nine projects: Barkley, Center Hill, Cheatham, Cordell Hull, Dale Hollow, Laurel, Old Hickory, J. Percy Priest, and Wolf Creek. The power from the projects is currently marketed to Preference Customers located in the service areas of the Tennessee Valley Authority, Big Rivers Electric Corporation, Duke Energy Progress, East Kentucky Power Cooperative, Kentucky Utilities, Municipal Electric Agency of Mississippi, Mississippi Delta Energy Agency, the seven-member Cooperative Energy currently receiving Cumberland power, and Southern Illinois Power Cooperative. Southeastern proposes to revise the Power Marketing Policy for the System to include the following additional provisions for RECs associated with hydroelectric generation: Renewable Energy Certificates: The M–RETS Tracking System creates and tracks certificates reporting generation attributes, by generating unit, for each megawatt-hour (MWh) of energy produced by registered generators. The System projects are registered generators within M–RETS. The RECs potentially satisfy Renewable Portfolio Standards, state policies, and other regulatory or voluntary clean energy standards in a number of states. Southeastern has subscribed to M–RETS and has an account in which RECs are collected and tracked for each MWh of energy produced from the System. Within M– RETS, certificates can be transferred to other M–RETS subscribers or to a thirdparty tracking system. PO 00000 Frm 00015 Fmt 4703 Sfmt 4703 M–RETS creates a REC for every MWh of renewable energy produced by registered generators, tracks the life cycle of each REC created, and ensures against any double-counting or doubleuse of each REC. These RECs may be used by electricity suppliers and other energy market participants to comply with relevant state policies and regulatory programs and to support voluntary ‘‘green’’ electricity markets. Southeastern proposes distribution of M–RETS-created RECs to Preference Customers with allocations of power from the System. REC Distribution: M–RETS (or a successor application) will be the transfer mechanism for all RECs related to the System. Southeastern shall maintain an account with M–RETS and collect RECs from the generation at the System projects. Southeastern will verify the total amount of RECs each month. Preference Customers with an allocation of power from the System are eligible to receive RECs by transfer from Southeastern’s M–RETS account to their M–RETS account or that of their agent. M–RETS (or a successor application) will be the transfer mechanism for all RECs related to the Kerr-Philpott System. Any further transfer, sale use, or trade transaction would be the sole responsibility of a Preference Customer. Transfers to each customer will be based on the customer’s monthly invoices during the same three-month period (quarter). Where applicable, RECs will be project-specific based on the customer’s contractual arrangements. Customers receiving energy under the TVA/TVPPA contract will receive their distributions pursuant to the percentages in TVA Area Preference Customer 1978 Load document (revised March 2022). All RECs distributed by Southeastern shall be transferred within forty-five days of the end of a quarter. Each customer must submit to Southeastern, by the tenth business day after the quarter, any notice of change to M– RETS account or agent. Any REC transfers that were not claimed or if a transfer account was not provided to Southeastern will be forfeited if they become nontransferable as described in the M–RETS terms of service, procedures, policies, or definitions of reporting and trading periods, or any subsequent rules and procedures for transfers as established. The initial transfer process in M– RETS will be accomplished by the sixtieth day after the end of the first completed quarter subsequent to publication of the final policy revision. Any balance of RECs that exist in Southeastern’s M–RETS account, other E:\FR\FM\25APN1.SGM 25APN1 Federal Register / Vol. 88, No. 79 / Tuesday, April 25, 2023 / Notices than the first quarter after policy revision publication, may also be transferred to Preference Customers according to the customer’s invoiced energy at the time of the REC creation. Rates: No rates shall be established by Southeastern for RECs transferred to Preference Customers. Any cost to Southeastern, such as the M–RETS subscription, will be incorporated into marketing costs and included in recovery through the energy and capacity rates of the System. Signing Authority This Department of Energy document was signed on April 17, 2023, by Virgil G. Hobbs III, Administrator, Southeastern Power Administration, pursuant to delegated authority from the Secretary of Energy. That document, with the original signature and date, is maintained by DOE. For administrative purposes only, and in compliance with requirements of the Office of the Federal Register, the undersigned DOE Federal Register Liaison Officer has been authorized to sign and submit the document in electronic format for publication, as an official document of the Department of Energy. This administrative process in no way alters the legal effect of this document upon publication in the Federal Register. Signed in Washington, DC, on April 19, 2023. Treena V. Garrett, Federal Register Liaison Officer, U.S. Department of Energy. [FR Doc. 2023–08633 Filed 4–24–23; 8:45 am] BILLING CODE 6450–01–P ENVIRONMENTAL PROTECTION AGENCY [EPA–HQ–OPP–2023–0070; FRL–10841–03– OCSPP] lotter on DSK11XQN23PROD with NOTICES1 Pesticide Product Registration; Receipt of Applications for New Active Ingredients March 2023 Submit your comments, identified by docket identification (ID) number EPA–HQ–OPP–2023–0070, through the Federal eRulemaking Portal at https://www.regulations.gov. Follow the online instructions for submitting comments. Do not submit electronically any information you consider to be Confidential Business Information (CBI) or other information whose disclosure is restricted by statute. Additional instructions on commenting and visiting the docket, along with more information about dockets generally, is available at https://www.epa.gov/dockets. FOR FURTHER INFORMATION CONTACT: Charles Smith, Biopesticides and Pollution Prevention Division (BPPD) (7511M); main telephone number: (202) 566–1400; email address: BPPDFRNotices@epa.gov. The mailing address for this contact person is Office of Pesticide Programs, Environmental Protection Agency, 1200 Pennsylvania Ave. NW, Washington, DC 20460–0001. As part of the mailing address, include the contact person’s name, division, and mail code. The division to contact is listed at the end of each application summary. SUPPLEMENTARY INFORMATION: ADDRESSES: I. General Information A. Does this action apply to me? You may be potentially affected by this action if you are an agricultural producer, food manufacturer, or pesticide manufacturer. The following list of North American Industrial Classification System (NAICS) codes is not intended to be exhaustive, but rather provides a guide to help readers determine whether this document applies to them. Potentially affected entities may include: • Crop production (NAICS code 111). • Animal production (NAICS code 112). • Food manufacturing (NAICS code 311). B. What should I consider as I prepare my comments for EPA? AGENCY: Environmental Protection 1. Submitting CBI. Do not submit this Agency (EPA). information to EPA through regulations.gov or email. Clearly mark ACTION: Notice. the part or all of the information that SUMMARY: EPA has received applications you claim to be CBI. For CBI to register pesticide products containing information in a disk or CD–ROM that active ingredients not included in any you mail to EPA, mark the outside of the currently registered pesticide products. disk or CD–ROM as CBI and then Pursuant to the Federal Insecticide, identify electronically within the disk or Fungicide, and Rodenticide Act CD–ROM the specific information that (FIFRA), EPA is hereby providing notice is claimed as CBI. In addition to one of receipt and opportunity to comment complete version of the comment that on these applications. includes information claimed as CBI, a copy of the comment that does not DATES: Comments must be received on contain the information claimed as CBI or before May 25, 2023. VerDate Sep<11>2014 16:47 Apr 24, 2023 Jkt 259001 PO 00000 Frm 00016 Fmt 4703 Sfmt 4703 24983 must be submitted for inclusion in the public docket. Information so marked will not be disclosed except in accordance with procedures set forth in 40 CFR part 2. 2. Tips for preparing your comments. When preparing and submitting your comments, see the commenting tips at https://www.epa.gov/dockets/ commenting-epa-dockets. II. Registration Applications EPA has received applications to register pesticide products containing active ingredients not included in any currently registered pesticide products. Pursuant to the provisions of FIFRA section 3(c)(4) (7 U.S.C. 136a(c)(4)), EPA is hereby providing notice of receipt and opportunity to comment on these applications. Notice of receipt of these applications does not imply a decision by the Agency on these applications. For actions being evaluated under EPA’s public participation process for registration actions, there will be an additional opportunity for public comment on the proposed decisions. Please see EPA’s public participation website for additional information on this process (https://www.epa.gov/ pesticide-registration/publicparticipation-process-registrationactions). Notice of Receipt—New Active Ingredients 1. File Symbol: 94554–R. Docket ID number: EPA–HQ–OPP–2023–0180. Applicant: Agri-Organic, LLC., P.O. Box 7748, Bloomfield Township, MI 48302. Product name: AOMMA-Agro Crop Protection. Active ingredient: Extracts of noni fruit and noni leaves (Morinda citrifolia); fungicide, insecticide; Morinda citrifolia leaf extract at 0.55% and Morinda citrifolia fruit extract at 0.45%. Proposed classification/Use: Fungicide, insecticide. Contact: BPPD. 2. File Symbol: 101966–E. Docket ID number: EPA–HQ–OPP–2023–0183. Applicant: FytoFend, LLC, 2915 Ogletown Road Newark, DE 19713. Product name: Fyto11. Active ingredient: COS–OGA; fungicide, plant growth regulator; COS–OGA at 1.04%. Proposed use: Fungicide, insecticide. Contact: BPPD. 3. File Symbol: 101966–R. Docket ID number: EPA–HQ–OPP–2023–0183. Applicant: FytoFend, LLC, 2915 Ogletown Road Newark, DE 19713. Product name: COS–OGA MUP. Active ingredient: COS–OGA; manufacturing use product for formulation into fungicide, insecticide and plant growth regulators at 2.28%. Proposed use: Manufacturing use product. Contact: BPPD. E:\FR\FM\25APN1.SGM 25APN1

Agencies

[Federal Register Volume 88, Number 79 (Tuesday, April 25, 2023)]
[Notices]
[Pages 24981-24983]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-08633]


-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Southeastern Power Administration


Revision to Power Marketing Policy Cumberland System of Projects

AGENCY: Southeastern Power Administration, DOE.

ACTION: Notice of proposed revision to power marketing policy.

-----------------------------------------------------------------------

SUMMARY: Pursuant to its Procedure for Public Participation in the 
Formulation of Marketing Policy, published in the Federal Register on 
July 6, 1978, Southeastern Power Administration (Southeastern) 
published on October 21, 2021, a notice of intent to revise its power 
marketing policy to include provisions regarding renewable energy 
certificates (RECs) from its Cumberland System of Projects. The current 
power marketing policy was published on August 5, 1993, for the 
Cumberland System (System) and is reflected in contracts for the sale 
of system power, which are maintained in Southeastern's headquarters 
office. The following is the proposed revision to the Cumberland System 
Power Marketing Policy to include a procedure for distribution of RECs 
to Preference Customers. Southeastern solicits written comments in 
formulating the final marketing policy revision.

DATES: A public information and comment forum will be held on June 29, 
2023 at 11 a.m. via a virtual web based meeting to allow maximum 
participation. Persons desiring to attend the forum should notify 
Southeastern by June 22, 2023, so that a list of forum participants can 
be prepared. Persons desiring to speak at the forum should specify this 
in their notification to Southeastern; others may speak if time 
permits. Written comments are due July 14, 2023, fifteen (15) days 
after the scheduled comment forum.

ADDRESSES: Written comments should be submitted to: Virgil G. Hobbs 
III,

[[Page 24982]]

Administrator, Southeastern Power Administration, Department of Energy, 
1166 Athens Tech Road, Elberton, Georgia 30635-6711, and emailed to 
[email protected]. The public information and comment forum for the 
revision of the Cumberland System Power marketing policy to include 
provisions for RECs will be by Microsoft Teams. Please register your 
intent to attend, including name, address, phone number, and email 
address, with Southeastern's Legal Assistant, Karen Fitzpatrick at 
[email protected], to receive updates on the meeting 
status of the comment forum.

FOR FURTHER INFORMATION CONTACT: Leon Jourolmon IV, General Counsel, 
Southeastern Power Administration, 1166 Athens Tech Road, Elberton, 
Georgia 30635. Telephone: (706) 213-3800. Email: 
[email protected].

SUPPLEMENTARY INFORMATION: Pursuant to its ``Procedure for Public 
Participation in Formulation of Marketing Policy'' (43 FR 29186), 
Southeastern published a ``Notice of Issuance of Final Power Marketing 
Policy, Cumberland System of Projects'' in the Federal Register on 
August 5, 1993 (58 FR 41762). The policy establishes the marketing area 
for system power and addresses the utilization of area utility systems 
for essential purposes. The policy also addresses wholesale rates, 
resale rates, and conservation measures, but does not address RECs. 
Under Section 5 of the Flood Control Act of 1944 (16 U.S.C. 825s), 
Southeastern is responsible for the transmission disposition of 
electric power and energy from reservoir projects operated by the 
Department of the Army. Furthermore, Southeastern must transmit and 
dispose of such power and energy in such manner as to encourage the 
most widespread use at the lowest possible rates consistent with sound 
business principles. Rate schedules are drawn to recover all costs 
associated with producing and transmitting the power in accordance with 
repayment criteria.
    Southeastern began the development of a REC distribution process at 
the request of customers in the Kerr-Philpott System. To expand the REC 
distribution to additional customers, Southeastern has begun to develop 
a process for REC distribution in the Cumberland System. The purpose of 
the distributions is to provide customers with a product that the 
customers have asked to receive, which will add value to the green, 
renewable hydropower already delivered. The revisions will not change 
the Administrator's prior determinations regarding power allocation 
within the System marketing area.
    All documents introduced at the public information and comment 
forum, and all comments, questions and answers will be available for 
inspection and copying in accordance with the Freedom of Information 
Act (5 U.S.C. 552).

Public Notice and Comment

    On October 21, 2021, Southeastern published in the Federal Register 
a ``Notice of Intent to Revise Power Marketing Policy Cumberland System 
of Projects'' (86 FR 58260) to revise its marketing policy by including 
provisions regarding RECs from the System. The notice requested that 
written comments and proposals be submitted on or before December 20, 
2021. Southeastern received no public comments.

Proposed Revision to the Power Marketing Policy

    The System consists of nine projects: Barkley, Center Hill, 
Cheatham, Cordell Hull, Dale Hollow, Laurel, Old Hickory, J. Percy 
Priest, and Wolf Creek. The power from the projects is currently 
marketed to Preference Customers located in the service areas of the 
Tennessee Valley Authority, Big Rivers Electric Corporation, Duke 
Energy Progress, East Kentucky Power Cooperative, Kentucky Utilities, 
Municipal Electric Agency of Mississippi, Mississippi Delta Energy 
Agency, the seven-member Cooperative Energy currently receiving 
Cumberland power, and Southern Illinois Power Cooperative.
    Southeastern proposes to revise the Power Marketing Policy for the 
System to include the following additional provisions for RECs 
associated with hydroelectric generation:
    Renewable Energy Certificates: The M-RETS Tracking System creates 
and tracks certificates reporting generation attributes, by generating 
unit, for each megawatt-hour (MWh) of energy produced by registered 
generators. The System projects are registered generators within M-
RETS. The RECs potentially satisfy Renewable Portfolio Standards, state 
policies, and other regulatory or voluntary clean energy standards in a 
number of states. Southeastern has subscribed to M-RETS and has an 
account in which RECs are collected and tracked for each MWh of energy 
produced from the System. Within M-RETS, certificates can be 
transferred to other M-RETS subscribers or to a third-party tracking 
system.
    M-RETS creates a REC for every MWh of renewable energy produced by 
registered generators, tracks the life cycle of each REC created, and 
ensures against any double-counting or double-use of each REC. These 
RECs may be used by electricity suppliers and other energy market 
participants to comply with relevant state policies and regulatory 
programs and to support voluntary ``green'' electricity markets.
    Southeastern proposes distribution of M-RETS-created RECs to 
Preference Customers with allocations of power from the System.
    REC Distribution: M-RETS (or a successor application) will be the 
transfer mechanism for all RECs related to the System. Southeastern 
shall maintain an account with M-RETS and collect RECs from the 
generation at the System projects. Southeastern will verify the total 
amount of RECs each month. Preference Customers with an allocation of 
power from the System are eligible to receive RECs by transfer from 
Southeastern's M-RETS account to their M-RETS account or that of their 
agent. M-RETS (or a successor application) will be the transfer 
mechanism for all RECs related to the Kerr-Philpott System. Any further 
transfer, sale use, or trade transaction would be the sole 
responsibility of a Preference Customer. Transfers to each customer 
will be based on the customer's monthly invoices during the same three-
month period (quarter). Where applicable, RECs will be project-specific 
based on the customer's contractual arrangements. Customers receiving 
energy under the TVA/TVPPA contract will receive their distributions 
pursuant to the percentages in TVA Area Preference Customer 1978 Load 
document (revised March 2022).
    All RECs distributed by Southeastern shall be transferred within 
forty-five days of the end of a quarter. Each customer must submit to 
Southeastern, by the tenth business day after the quarter, any notice 
of change to M-RETS account or agent. Any REC transfers that were not 
claimed or if a transfer account was not provided to Southeastern will 
be forfeited if they become nontransferable as described in the M-RETS 
terms of service, procedures, policies, or definitions of reporting and 
trading periods, or any subsequent rules and procedures for transfers 
as established.
    The initial transfer process in M-RETS will be accomplished by the 
sixtieth day after the end of the first completed quarter subsequent to 
publication of the final policy revision. Any balance of RECs that 
exist in Southeastern's M-RETS account, other

[[Page 24983]]

than the first quarter after policy revision publication, may also be 
transferred to Preference Customers according to the customer's 
invoiced energy at the time of the REC creation.
    Rates: No rates shall be established by Southeastern for RECs 
transferred to Preference Customers. Any cost to Southeastern, such as 
the M-RETS subscription, will be incorporated into marketing costs and 
included in recovery through the energy and capacity rates of the 
System.

Signing Authority

    This Department of Energy document was signed on April 17, 2023, by 
Virgil G. Hobbs III, Administrator, Southeastern Power Administration, 
pursuant to delegated authority from the Secretary of Energy. That 
document, with the original signature and date, is maintained by DOE. 
For administrative purposes only, and in compliance with requirements 
of the Office of the Federal Register, the undersigned DOE Federal 
Register Liaison Officer has been authorized to sign and submit the 
document in electronic format for publication, as an official document 
of the Department of Energy. This administrative process in no way 
alters the legal effect of this document upon publication in the 
Federal Register.

    Signed in Washington, DC, on April 19, 2023.
Treena V. Garrett,
Federal Register Liaison Officer, U.S. Department of Energy.
[FR Doc. 2023-08633 Filed 4-24-23; 8:45 am]
BILLING CODE 6450-01-P


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