Moon Lake Electric Association, Inc. initially applied for a new license for their Uintah Hydroelectric Project on January 31, 2017. However, due to the high anticipated costs of operating the project under the new license, they decided to withdraw their application on December 23, 2020. The withdrawal became official on January 8, 2021, after no one opposed it, and the Federal Energy Regulatory Commission took no action against it. Consequently, the Commission terminated the proceeding and instructed Moon Lake to file an application to surrender the project.
Simple Explanation
Moon Lake Electric wanted to keep running their power project but found it too expensive, so they asked to stop. No one disagreed, so they were told to officially close it and walk away.