Definition of Preliminary permit (hydroelectric power)

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TeachMeFinance.com - explain Preliminary permit (hydroelectric power)



Preliminary permit (hydroelectric power)

The term 'Preliminary permit (hydroelectric power)' as it applies to the area of energy can be defined as ' A single site permit granted by the FERC (Federal Energy RegulatoryCommission), which gives the recipient priority over anyone else to apply for a hydroelectric license. The preliminary permit enables the recipient to prepare a license application and conduct various studies for economic feasibility and environmental impacts. The period for a preliminary permit may extend to 3 years'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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