[Federal Register Volume 67, Number 154 (Friday, August 9, 2002)]
[Notices]
[Page 51848]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-20169]


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

DEPARTMENT OF ENERGY

Southeastern Power Administration


Withdrawal of the Proposal To Select a Financial Sponsor and 
Intent To Formulate Power Marketing Policy

AGENCY: Southeastern Power Administration, DOE.

ACTION: Notice of withdrawal.

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

SUMMARY: Southeastern Power Administration (Southeastern) is 
withdrawing the proposal to select a financial sponsor for the upgrade 
of the Wolf Creek Hydropower Project, Russell County, Kentucky, and 
withdrawing the Intent to Formulate Power Marketing Policy to market 
additional capacity from the Wolf Creek Project upgrade, due to its 
inability to identify a group of sponsors willing to undertake the 
financial responsibility of rehabilitating and upgrading the Wolf Creek 
Project.

DATES: Southeastern will accept any comments regarding this withdrawal 
no later than August 19, 2002.

ADDRESSES: Comments on the withdrawal of the proposal should be sent 
to: Charles A. Borchardt, Administrator, Southeastern Power 
Administration, 1166 Athens Tech Road, Elberton, GA 30635-6711. 
Telephone: (706) 213-3800.

FOR FURTHER INFORMATION CONTACT: Leon Jourolmon, Assistant 
Administrator, Finance and Marketing, Southeastern Power 
Administration, 1166 Athens Tech Road, Elberton, GA 30635-6711. 
Telephone: (706) 213-3800.

SUPPLEMENTARY INFORMATION: Wolf Creek Dam and Lake Cumberland 
constitute a significant portion of the Cumberland River Reservoir 
System. The Project, authorized by the Flood Control Acts of 1938 and 
1946, is operated to serve flood control, hydropower, recreation, fish 
and wildlife, and water quality needs. Located at river mile 460.9, the 
power plant contains six units brought online between 1951 and 1952, 
and has a total nameplate capacity of 270 megawatts (310 maximum 
peaking capacity). Average annual generation is 906 gigawatt hours, 
produced at a plant factor of 38 percent. Federal policy, set forth in 
the Water Resources Development Act of 1986 (Pub. L. 99-662) with 
regard to water resource projects, is to encourage each agency to 
negotiate reasonable private financing for the development of approved 
project purposes. A Notice of Intent to solicit non-Federal sponsors 
was published in the Federal Register on September 30, 1992, 57 FR 
45052.
    Southeastern has been unable to identify a group of sponsors 
willing to undertake the financial responsibility of rehabilitating and 
upgrading the Wolf Creek Project and has subsequently issued this 
Notice of Withdrawal.

    Dated: August 1, 2002.
Charles A. Borchardt,
Administrator.
[FR Doc. 02-20169 Filed 8-8-02; 8:45 am]
BILLING CODE 6450-01-P