Federal Register / Vol. 89, No. 28 / Friday, February 9, 2024 / Notices 9139 

DEPARTMENT OF ENERGY 

[GDO Docket No. EA–506] 

Application for Authorization To 

Export Electric Energy; Second 

Foundation US Trading, LLC 

AGENCY: Grid Deployment Office, 

Department of Energy. 

ACTION: Notice of application. 

SUMMARY: Second Foundation US 

Trading, LLC (the Applicant or SFUST, 

LLC) has applied for authorization to 

transmit electric energy from the United 

States to Canada pursuant to the Federal 

Power Act. 

DATES: Comments, protests, or motions 

to intervene must be submitted on or 

before March 11, 2024. 

ADDRESSES: Comments, protests, 

motions to intervene, or requests for 

more information should be addressed 

by electronic mail to 

Electricity.Exports@hq.doe.gov. 

FOR FURTHER INFORMATION CONTACT: 

Christina Gomer, (240) 474–2403, 

Electricity.Exports@hq.doe.gov. 

SUPPLEMENTARY INFORMATION: The 

United States Department of Energy 

(DOE) regulates electricity exports from 

the United States to foreign countries in 

accordance with section 202(e) of the 

Federal Power Act (FPA) (16 U.S.C. 

824a(e)) and regulations thereunder (10 

CFR 205.300 et seq.). Sections 301(b) 

and 402(f) of the DOE Organization Act 

(42 U.S.C. 7151(b) and 7172(f)) 

transferred this regulatory authority, 

previously exercised by the nowdefunct Federal Power Commission, to 

DOE. 

Section 202(e) of the FPA provides 

that an entity which seeks to export 

electricity must obtain an order from 

DOE authorizing that export (16 U.S.C. 

824a(e)). On April 10, 2023, the 

authority to issue such orders was 

delegated to the DOE’s Grid Deployment 

Office (GDO) by Delegation Order No. 

S1–DEL–S3–2023 and Redelegation 

Order No. S3–DEL–GD1–2023. 

On January 8, 2024, the Applicant 

filed an application with DOE 

(Application or App.) for export 

authority to transmit electric energy 

from the United States to Canada for a 

term of five-years. App. at 1. 

SFUST, LLC is a Delaware limited 

liability company with its principal 

place of business in Houston, Texas. 

App. at 1. The Applicant states it is ‘‘a 

power marketer engaged in the business 

of marketing and trading electric energy 

and other energy related products in the 

United States.’’ Id. at 2. According to the 

Application, SFUST, LLC is solely 

owned by Second Foundation Holding, 

a joint-stock company organized under 

the laws of the Czech Republic. Id. The 

Applicant states it ‘‘is authorized to sell 

wholesale electric energy, capacity and 

ancillary services at market-based rates 

pursuant to authority granted by the 

Federal Energy Regulatory Commission 

(FERC) under a wholesale power sales 

tariff currently on file with FERC in 

Docket No. ER22–2959–000.’’ Id. 

According to the Application, SFUST, 

LLC does not ‘‘own any franchised 

service territory, and does not control 

any electric generation or transmission 

facilities in the United States’’ and ‘‘has 

no other affiliates or upstream owners 

that own any franchised service territory 

or control any electric generation or 

transmission facilities in the United 

States.’’ App. at 2. Further, SFUST, LLC 

notes it ‘‘will purchase surplus electric 

energy to be exported from a variety of 

entities within the United States 

including power marketers, wholesale 

generators, electric utilities, and federal 

power marketing agencies.’’ Id. at 4. The 

Applicant asserts its proposed exports 

will be ‘‘surplus to the needs of those 

entities selling electric power to the 

Applicant’’ and ‘‘will not impair the 

sufficiency of electric supply within the 

United States[.]’’ Id. Further, the 

Applicant states its exports will be 

‘‘transmitted pursuant to arrangements 

with utilities that own and operate 

existing transmission facilities and will 

be consistent with all applicable export 

limits on transmission facilities,’’ and 

thus the Applicant asserts it ‘‘meets the 

second statutory criterion of Section 

202(e).’’ Id. at 5. 

The existing international 

transmission facilities to be utilized by 

the Applicant have previously been 

authorized by Presidential permits 

issued pursuant to Executive Order 

10485, as amended, and are appropriate 

for open access transmission by third 

parties. See App. at Exhibit C. 

Procedural Matters: Any person 

desiring to be heard in this proceeding 

should file a comment or protest to the 

Application at Electricity.Exports@

hq.doe.gov. Protests should be filed in 

accordance with Rule 211 of Federal 

Energy Regulatory Commission’s 

(FERC’s) Rules of Practice and 

Procedure (18 CFR 385.211). Any 

person desiring to become a party to this 

proceeding should file a motion to 

intervene at Electricity.Exports@

hq.doe.gov in accordance with FERC 

Rule 214 (18 CFR 385.214). 

Comments and other filings 

concerning SFUST, LLC’s Application 

should be clearly marked with GDO 

Docket No. EA–507. Additional copies 

are to be provided directly to Jakub 

Sedlacek, Chief Operating Officer, 

Second Foundation US Trading, LLC, 

808 Travis St., Suite 1030, Houston, TX 

77002, jakub.sedlacek@secondfoundation.com, and Zori Ferkin, King 

& Spalding LLP, 1700 Pennsylvania 

Avenue, Suite 900, Washington, DC 

20006, zferkin@kslaw.com. 

A final decision will be made on the 

requested authorization after the 

environmental impacts have been 

evaluated pursuant to DOE’s National 

Environmental Policy Act Implementing 

Procedures (10 CFR part 1021) and after 

DOE evaluates whether the proposed 

action will have an adverse impact on 

the sufficiency of supply or reliability of 

the United States electric power supply 

system. 

Copies of this Application will be 

made available, upon request, by 

accessing the program website at 

https://www.energy.gov/gdo/pendingapplications-0 or by emailing 

Electricity.Exports@hq.doe.gov. 

Signing Authority: This document of 

the Department of Energy was signed on 

January 30, 2024, by Maria Robinson, 

Director, Grid Deployment Office, 

pursuant to delegated authority from the 

Secretary of Energy. That document 

with the original signature and date is 

maintained by DOE. For administrative 

purposes only, and in compliance with 

requirements of the Office of the Federal 

Register, the undersigned DOE Federal 

Register Liaison Officer has been 

authorized to sign and submit the 

document in electronic format for 

publication, as an official document of 

the Department of Energy. This 

administrative process in no way alters 

the legal effect of this document upon 

publication in the Federal Register. 

Signed in Washington, DC on February 6, 

2024. 

Treena V. Garrett, 

Federal Register Liaison Officer, U.S. 

Department of Energy. 

[FR Doc. 2024–02675 Filed 2–8–24; 8:45 am] 

BILLING CODE 6450–01–P 

DEPARTMENT OF ENERGY 

[GDO Docket No. EA–505] 

Application for Authorization To 

Export Electric Energy; Altop Energy 

Trading LLC 

AGENCY: Grid Deployment Office, 

Department of Energy. 

ACTION: Notice of application. 

SUMMARY: Altop Energy Trading LLC 

(the Applicant) has applied for 

authorization to transmit electric energy 

from the United States to Mexico 

pursuant to the Federal Power Act. 


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