[Federal Register Volume 67, Number 16 (Thursday, January 24, 2002)]
[Notices]
[Pages 3515-3516]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-1720]


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NUCLEAR REGULATORY COMMISSION

[Docket Nos. 50-344 and 72-17]


Portland General Electric Company Trojan Nuclear Plant and Trojan 
Independent Spent Fuel Storage Installation; Notice of Consideration of 
Approval of Application Regarding Proposed Acquisition of Portland 
General Electric Company by Northwest Natural Holdco and Opportunity 
for a Hearing

    The U.S. Nuclear Regulatory Commission (NRC or the Commission) is 
considering the issuance of an order under 10 CFR 50.80 and 10 CFR 
72.50 approving the indirect transfer of Facility Operating License No. 
NPF-1 for the Trojan Nuclear Plant (TNP or Trojan) and Materials 
License No. SNM-2509 for the Trojan Independent Spent Fuel Storage 
Installation (ISFSI) to the extent currently held by Portland General 
Electric Company (PGE), as part owner and licensed operator of TNP and 
the Trojan ISFSI.
    According to an application for approval filed by PGE, Northwest 
Natural Holdco (NW Natural Holdco) has entered into an agreement to 
purchase all of the common stock of PGE from Enron Corporation (Enron). 
PGE, currently a wholly-owned subsidiary of Enron, would become a 
wholly-owned subsidiary of NW Natural Holdco, thereby effecting an 
indirect transfer of the TNP and Trojan ISFSI licenses, to the extent 
held by PGE, to NW Natural Holdco. No physical or operational changes 
are being proposed to TNP or the Trojan ISFSI in the application. No 
direct transfer of the licenses for TNP or the Trojan ISFSI would 
result from the change in ownership of PGE. PacifiCorp and the Eugene 
Water and Electric Board (EWEB), the other co-owners of TNP and the 
Trojan ISFSI, are not involved in the purchase of PGE, and the licenses 
as held by PacifiCorp and EWEB are not presently subject to any 
proposed transfer.
    Pursuant to 10 CFR 50.80 and 10 CFR 72.50, no license, or any right 
thereunder, shall be transferred, directly or indirectly, through 
transfer of control of the license, unless the Commission shall give 
its consent in writing. The Commission will approve an application for 
the indirect transfer of a license, if the Commission determines that 
the underlying transaction effectuating the indirect tranfer will not 
affect the qualifications of the holder of the license, and that the 
transfer is otherwise consistent with applicable provisions of law, 
regulations, and orders issued by the Commission pursuant thereto.
    The filing of requests for hearing and petitions for leave to 
intervene, and written comments with regard to the license transfer 
application, are discussed below.
    By February 13, 2002, any person whose interest may be affected by 
the Commission's action on the application may request a hearing and, 
if not the applicant, may petition for leave to intervene in a hearing 
proceeding on the Commission's action. Requests for a hearing and 
petitions for leave to intervene should be filed in accordance

[[Page 3516]]

with the Commission's rules of practice set forth in 10 CFR part 2, 
subpart M, ``Public Notification, Availability of Documents and 
Records, Hearing Requests and Procedures for Hearings on License 
Transfer Applications.'' In particular, such requests and petitions 
must comply with the requirements set forth in 10 CFR 2.1306, and 
should address the considerations contained in 10 CFR 2.1308(a). 
Untimely requests and petitions may be denied, as provided in 10 CFR 
2.1308(b), unless good cause for failure to file on time is 
established. In addition, an untimely request or petition should 
address the factors that the Commission will also consider, in 
reviewing untimely requests or petitions, set forth in 10 CFR 
2.1308(b)(1)-(2).
    Requests for a hearing and petitions for leave to intervene should 
be served upon Douglas R. Nichols, Esq., General Counsel, Portland 
General Electric Company, Suite 1700, 121 SW Salmon Street, Portland, 
Oregon 97204 (telephone number 503-464-8402); the General Counsel, U.S. 
Nuclear Regulatory Commission, Washington, DC 20555 (e-mail address for 
filings regarding license transfer cases only: [email protected]); and the 
Secretary of the Commission, U.S. Nuclear Regulatory Commission, 
Washington, DC 20555-0001, Attention: Rulemakings and Adjudications 
Staff, in accordance with 10 CFR 2.1313.
    The Commission will issue a notice or order granting or denying a 
hearing request or intervention petition, designating the issues for 
any hearing that will be held and designating the Presiding Officer. A 
notice granting a hearing will be published in the Federal Register and 
served on the parties to the hearing.
    As an alternative to requests for hearing and petitions to 
intervene, by February 25, 2002, persons may submit written comments 
regarding the license transfer application, as provided for in 10 CFR 
2.1305. The Commission will consider and, if appropriate, respond to 
these comments, but such comments will not otherwise constitute part of 
the decisional record. Comments should be submitted to the Secretary, 
U.S. Nuclear Regulatory Commission, Washington, DC 20555-0001, 
Attention: Rulemakings and Adjudications Staff, and should cite the 
publication date and page number of this Federal Register notice.
    For further details with respect to this action, see the 
application dated December 6, 2001, available for public inspection at 
the Commission's Public Document Room (PDR), located at One White Flint 
North, 11555 Rockville Pike (first floor), Rockville, Maryland. 
Publicly available records will be accessible electronically from the 
Agencywide Documents Access and Management Systems (ADAMS) Public 
Electronic Reading Room on the internet at the NRC Web site, http://www.nrc.gov. Persons who do not have access to ADAMS or who encounter 
problems in accessing the documents located in ADAMS, should contact 
the NRC PDR Reference staff by telephone at 1-800-397-4209, 301-415-
4737 or by e-mail to [email protected].

    Dated at Rockville, MD, this 17th day of January, 2002.
    For the Nuclear Regulatory Commission.
David J. Wrona,
Project Manager, Section 1, Project Directorate IV, Division of 
Licensing Project Management, Office of Nuclear Reactor Regulation.
[FR Doc. 02-1720 Filed 1-23-02; 8:45 am]
BILLING CODE 7590-01-P