A bill to require the Federal Energy Regulatory Commission to submit to Congress a report on certain hydropower projects.

This bill directs the Federal Energy Regulatory Commission (FERC) to submit to Congress a report on hydropower projects that:

• identifies each project licensed by FERC that is located at a nonpowered site that serves as storage to support downstream power generation;
• analyzes the value of electric power generation associated with each of these projects;
• describes the range of options that exist under current law with respect to surrender or transfer of a FERC license for these projects;
• identifies any barriers to the surrender or transfer of a FERC license for these projects; and
• identifies the costs incurred by project owners resulting from the requirements imposed by a FERC license, including applicable costs broken down by category.