FR 2021-03272

In February 2021, the Federal Energy Regulatory Commission (FERC) accepted a filing from Premium Energy Holdings, LLC, regarding a preliminary permit application. The purpose of this permit is to explore the feasibility of a new project, known as the Ashokan Pumped Storage Project, which is set to potentially be located in Ulster County, New York. This preliminary permit, if approved, provides the company with the first right to apply for a full license but does not authorize any construction or alterations to the land at this stage.

General Summary

The proposal from Premium Energy Holdings involves constructing a system of dams and reservoirs. It outlines three possible alternatives for creating an upper reservoir and discusses using the existing Ashokan Reservoir as the lower one. The plans contemplate building a new powerhouse and transmission lines to help generate power with a significant capacity. The company aims to explore the possibility of generating up to 2,700 gigawatt-hours annually from this setup.

Significant Issues and Concerns

A major issue with the document is its lack of discussion regarding possible environmental impacts. Constructing large dams and reservoirs can have significant ecological consequences, such as habitat disruption and effects on water quality, which are not addressed here. Moreover, the absence of financial estimates is a point of concern: citizens and stakeholders are left without any indication of potential costs or how these might affect public finances or utility rates.

The technical nature of the language might also present a barrier for the general public's understanding. Engineering terms and regulatory processes are discussed without simplification, possibly alienating readers who lack specialized background knowledge. Additionally, while the notice encourages electronic submissions for comments and applications, it does not consider individuals without reliable internet access, potentially limiting public participation.

Concerns regarding potential biases favoring Premium Energy Holdings also arise. While such favoritism might not be intentional, the document does not explicitly address any fairness or impartiality measures in the permit application process.

Public Impact

For the general public, such infrastructure projects may promise increased energy capacity and potential economic benefits, such as job creation during the construction phase. However, without a transparent public discussion about environmental and financial implications, the community could face unforeseen adverse impacts.

Impact on Specific Stakeholders

Residents of Ulster County stand at the forefront of direct impact. They could benefit from the local economic boost but also face changes in their environment and lifestyle, especially if natural landscapes are significantly modified.

Environmental groups will likely pay close attention to how this proposed project may alter ecosystems, advocating for conservation efforts and sustainability.

Utility companies and energy markets may view this project as a key development in expanding energy infrastructure, creating opportunities for partnerships and competitive energy provision. Yet, they must balance this with demands for responsible environmental stewardship.

In conclusion, while the proposed Ashokan Pumped Storage Project holds promise for advancing energy capacities, it simultaneously raises important concerns regarding environmental, social, and financial matters that must be addressed to ensure balanced progress.