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Mr. PALLONE. Madam Speaker, I yield myself such time as I may consume.
Madam Speaker, I rise today in support of S. 1020, which will grant an extension to hydropower projects impacted by the COVID pandemic.
The Federal Power Act requires hydropower projects to start construction within 2 years of receiving a license from the Federal Energy Regulatory Commission, or FERC. Subsequent amendments have allowed FERC to grant extensions of up to 8 years to a project's construction deadline.
While I think it makes sense to have a hydropower license expire if a project can't start construction within a decade of the license being issued, I recognize that the COVID pandemic and resulting supply chain issues wreaked havoc on the hydropower industry. Therefore, this bill would allow FERC to grant up to 6 additional years for projects whose licenses were issued prior to COVID to start construction and would allow FERC to reinstate the licenses of projects whose authorizations have since expired.
Madam Speaker, I will note that this authority is not a blank check to any developer with a license issued pre-COVID. The bill explicitly only allows FERC to grant an extension for good cause. I expect FERC to adhere to that restriction.
In addition, I will also note that while the House has been able to complete work on this bill, my colleagues from the Energy and Commerce Committee, Representatives Schrier and Fulcher, have another bill on hydropower, H.R. 3657, that has been sitting in the Senate for 9 months. I certainly hope our friends over in the Senate can pass that bill, which grants additional transparency into the hydropower licensing process as soon as possible.
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Mr. PALLONE. Madam Speaker, I close by saying, again, that our committee is always concerned about hydropower. I urge my colleagues to support this bill, and I yield back the balance of my time.
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