Notice2021-17997
Notice of WAPA Loan Determination and Administration; Transmission Infrastructure Program
Primary source
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Published
August 23, 2021
Effective
August 23, 2021
Issuing agencies
Energy DepartmentWestern Area Power Administration
Abstract
The Western Area Power Administration (WAPA), a Federal power marketing administration of the United States Department of Energy (DOE), will be responsible for the loan determination and administration of loan applications submitted to its Transmission Infrastructure Program (TIP or Program) for use of WAPA's borrowing authority. This Federal Register notice (FRN) announces WAPA's revised role in performing all activities related to loan determination and administration.
Full Text
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<title>Federal Register, Volume 86 Issue 160 (Monday, August 23, 2021)</title>
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[Federal Register Volume 86, Number 160 (Monday, August 23, 2021)]
[Notices]
[Page 47099]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-17997]
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DEPARTMENT OF ENERGY
Western Area Power Administration
Notice of WAPA Loan Determination and Administration;
Transmission Infrastructure Program
AGENCY: Western Area Power Administration, DOE.
ACTION: Notice of WAPA loan determination and administration.
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SUMMARY: The Western Area Power Administration (WAPA), a Federal power
marketing administration of the United States Department of Energy
(DOE), will be responsible for the loan determination and
administration of loan applications submitted to its Transmission
Infrastructure Program (TIP or Program) for use of WAPA's borrowing
authority. This Federal Register notice (FRN) announces WAPA's revised
role in performing all activities related to loan determination and
administration.
DATES: This decision is effective as of August 23, 2021.
FOR FURTHER INFORMATION CONTACT: Ms. Stacey Harris, Transmission
Infrastructure Program, Western Area Power Administration, P.O. Box
281213, Lakewood, CO 80228-8213, telephone (720) 962-7710 or email:
<a href="/cdn-cgi/l/email-protection#cc98859c8cbbadbcade2aba3ba"><span class="__cf_email__" data-cfemail="6f3b263f2f180e1f0e41080019">[email protected]</span></a>.
This notice is available on WAPA's website at: <a href="https://www.wapa.gov/FederalRegisterNotices/Pages/federal-register-notices.aspx">https://www.wapa.gov/FederalRegisterNotices/Pages/federal-register-notices.aspx</a>.
SUPPLEMENTARY INFORMATION: WAPA markets and transmits wholesale
hydroelectric power generated at Federal dams across the western United
States. WAPA's transmission system was developed to deliver Federal
hydroelectric power to preference customers. WAPA owns and operates a
transmission system with more than 17,000 circuit-miles of high voltage
lines and markets power across 15 western states and a 1.3 million
square-mile service area. WAPA's service area encompasses all the
following states: Arizona, California, Colorado, Nebraska, Nevada, New
Mexico, North Dakota, South Dakota, Utah, and Wyoming; and parts of
Iowa, Kansas, Montana, Minnesota, and Texas. WAPA markets excess
capacity on its transmission system consistent with the policies and
procedures outlined in its Open Access Transmission Tariff (OATT) on
file with the Federal Energy Regulatory Commission. WAPA offers
nondiscriminatory access to its transmission system, including requests
to interconnect new generating resources to its transmission system,
under its OATT.
WAPA's TIP implements Section 402 of the America Recovery and
Reinvestment Act of 2009 (Pub. L. 111-5), which amended Section 301 of
the Hoover Power Plant Act of 1984. The Program uses the authority
granted under these statutes to borrow up to $3.25 billion from the
U.S. Department of the Treasury to construct, finance, facilitate,
plan, operate, maintain, or study construction of new or upgraded
electric power transmission lines and related facilities, with at least
one terminus within WAPA's service territory. The projects must
facilitate the delivery of power generated by renewable energy
resources constructed, or reasonably expected to be constructed,
demonstrate reasonable expectation of repayment, not adversely affect
system reliability or operations and be in the public interest. The
Program was announced in 2009 \1\ and revised in 2014.\2\
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\1\ 74 FR 22732 (May 14, 2009).
\2\ 79 FR 19065 (April 7, 2014).
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The 2014 FRN established WAPA reliance on services and direction
provided by DOE's Loan Programs Office (LPO) in setting out the
financial terms of the lender-borrower relationship and the LPO would
be responsible for administering the Project Finance Phase consisting
of underwriting, financing, and loan monitoring and servicing. With the
publication of this FRN, WAPA announces it has contracted with external
parties to provide support in the performance of these services. The
use of contractors provides TIP flexibility in scaling manpower up or
down to match increased or decreased Program activities, while avoiding
the need to create a fixed staff. Moreover, consistent with upholding
the principle set forth in the 2014 FRN, loan applicants shall remain
solely responsible for paying all costs associated with a loan.
Signing Authority
This document of the Department of Energy was signed on August 17,
2021, by Tracey A. LeBeau, Interim Administrator, Western Area 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 August 18, 2021.
Treena V. Garrett,
Federal Register Liaison Officer, U.S. Department of Energy.
[FR Doc. 2021-17997 Filed 8-20-21; 8:45 am]
BILLING CODE 6450-01-P
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