The Federal Energy Regulatory Commission has issued an annual license to Briar Hydro Associates to continue operating the Penacook Upper Falls Hydroelectric Project until November 30, 2025, or until a new license is issued, whichever comes first. This action is in accordance with Section 15 of the Federal Power Act (FPA), which allows for yearly license renewals under existing terms when a license term expires. If a new license is not issued by the deadline, the license will automatically renew unless the Commission decides otherwise. If the project is not governed by Section 15 of the FPA, Briar Hydro Associates can continue operations under the prior license terms until a new license is granted.
Simple Explanation
Briar Hydro Associates got permission to keep running their water-powered project for another year or until a new permission is given, whichever happens first. If they don't get new permission by the end of the year, their permission will automatically continue unless the people in charge say something different.