### 4360 Federal Register / Vol. 75, No. 17 / Wednesday, January 27, 2010 / Notices

Provider Fleets; (3) Type of Review: renewal; (4) Purpose: the information is required so that DOE can determine whether alternative fuel provider and State government fleets are in compliance with the alternative fueled vehicle acquisition mandates of sections 501 and 507(o) of the EPACT, whether
such fleets should be allocated credits under section 508 of EPACT, and whether fleets that opted into the alternative compliance program under section 514 of EPACT are in compliance with the applicable requirements; (5)
Annual Estimated Number of Respondents: Approximately 300; (6)
Annual Estimated Number of Burden Hours: 1,651.

Statutory Authority: 42 U.S.C. 13251 et

seq.

Issued in Washington, DC, on January 15,

2010. Cathy Zoi, Assistant Secretary, Energy Efficiency and Renewable Energy.

[FR Doc. 2010–1687 Filed 1–26–10; 8:45 am]

**BILLING CODE 6450–01–P**

**DEPARTMENT OF ENERGY**

**Energy Information Administration**

**Agency Information Collection Activities: Request for Comments and** 
**Recommendations**

**AGENCY :**  Energy Information Administration (EIA), Department of Energy (DOE).

**ACTION :**  Request for General Comments.

**SUMMARY :**  EIA is seeking general
comments on matters described below in support of the Energy and Financial
Markets Initiative announced on September 9, 2009.

**DATES :**  Comments from interested parties are requested to be received by close of business on March 29, 2010.

**ADDRESSES :**  Send comments to ensure receipt of the comments by the due date, submission, preferably as a Word
attachment to an e-mail to ( karen.robinson@eia.doe.gov ), or by FAX (202–586–3873). The mailing address is Office of Oil and Gas, EI–40, Forrestal Building, U.S. Department of Energy, 1000 Independence Ave., SW., Washington, DC 20585. Alternatively, Karen R. Robinson may be contacted by telephone at (202) 586–2585.

**FOR FURTHER INFORMATION CONTACT :**  Requests for additional information
should be directed to Karen Robinson at
the address listed above.

**SUPPLEMENTARY INFORMATION :** 
I. Background II. Current Actions III. Request for Comments

I. Background

The U.S. Energy Information Administration (EIA) is the statistical and analytical agency within the U.S. Department of Energy. EIA collects, analyzes, and disseminates independent and impartial energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment. EIA is the Nation’s premier source of energy information and, by law, its data, analyses, and forecasts are independent of approval by any other officer or employee of the United States

Government.

The Federal Energy Administration Act of 1974 as amended, specifically 15 U.S.C. 790a, and the DOE Organization Act, specifically 42 U.S.C. 7135, require EIA to carry out a centralized, comprehensive, and unified energy information program. This program collects, evaluates, assembles, analyzes, and disseminates information on energy resource reserves, production, demand, technology, and related economic and
statistical information. This information is used to assess the adequacy of energy resources to meet near and longer term domestic demands and to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the

environment.

The present notice focuses on information needed to support analysis and increased understanding of energy markets and does not itself propose any new information collection by EIA. The general comments received in response to this notice will be considered by the agency as it develops a plan of action to fill key information gaps.

EIA evaluates its activities on an ongoing basis through a variety of
formal and informal methods. EIA provides opportunities for interested parties to shape its functions and practices through its annual conference, joint meetings with the American Statistical Association, meetings with experts, and other outreach opportunities. EIA also tracks its
website metrics and formal citations of its data and analyses to measure interest in the information it provides.

The EIA Web site at http:// www.eia.gov is the principal method for dissemination of its energy industry information. One of the Web site pages, http://www.eia.doe.gov/bookshelf.html, provides a list of weekly, monthly and annual reports and special analyses, and another page, http://www.eia.doe.gov/ oss/forms.html, lists over 64 active data surveys and forms used to collect these data. During fiscal year 2009, EIA Web pages were viewed over 10 million times per month, reflecting both searches for information and cataloging of sites by search engines. A recent survey indicated that about half of EIA visitors are commercial, and many indicate that they use information from
EIA and other Web sites to meet their needs. Many customers are regular users of EIA data; nearly half of the respondents to the survey indicated that they visited the Web site weekly or more frequently.

In recent years, energy markets have developed in ways that were not anticipated in the original planning and evolution of EIA’s information program.
In addition to the factors EIA has historically tracked, such as production, consumption, inventories, and spare capacity, moving forward, EIA is interested in assessing other market influences, such as speculation, hedging, investment, interest rates and exchange rates. On September 9, 2009, EIA announced an Energy and Financial Markets Initiative to improve EIA’s responsiveness, in particular, to energy market developments ( http:// www.eia.doe.gov/neic/press/ press325.html). Proposed actions were announced in four main areas, including identification of critical information on factors affecting energy prices and analysis through in-depth studies of energy market behavior. Other
efforts included coordination with other Federal agencies engaged in energy
market information collection and analysis and outreach to solicit feedback from a broad range of experts on the interrelationship of energy and financial
markets.

In its September 2009 announcement, EIA pointed out that it already collects significant energy information, but that additional data would further improve market transparency. EIA has already proposed to expand its collection of commercial oil and refined products storage capacity data beginning in early
2010. The Federal Register notice for
this collection can be found at http:// edocket.access.gpo.gov/2009/pdf/E9– 26319.pdf. EIA has moved toward a broader analysis of market factors through a characterization of oil and natural gas market volatility in the Short-Term Energy Outlook (STEO). EIA
now calculates an ‘‘ implied volatility’’ for oil and natural gas futures prices using a generally accepted mathematical model, as described in the technical report accompanying the STEO entitled Energy Price Volatility and Forecast Uncertainty (at http://www.eia.doe.gov/


### 4361 Federal Register / Vol. 75, No. 17 / Wednesday, January 27, 2010 / Notices

emeu/steo/pub/special/

2009

_sp

_ 05.html). This implied volatility is used to generate confidence intervals around futures prices, allowing readers to understand the degree of uncertainty surrounding current and future expected prices.

II. Current Actions

EIA is currently considering the state of its statistical data collecting and analysis activities, which include:

• Identifying the best data for understanding relationships among physical inventories, energy prices, and market activity, as well as identifying what other data is important to better understand energy price movements.

• Identifying what market data EIA might seek from other Federal agencies, including from the Commodity Futures Trading Commission (CFTC), and from other sources to analyze the influence of
futures and related financial market activity on energy prices in the context of other energy market factors.

• Providing a comprehensive assessment, over the next year, of remaining energy information gaps in physical and financial markets, and developing a strategy to fill them.

EIA is not proposing specific changes in its data collection program in this

notice.

A. Energy Market Data Needs

Recent energy price volatility and the international economic issues posed by
recent financial institution distress have
focused interest on the interrelations between physical energy markets and
activities in futures and financial markets. Growth in trade of energy commodities has occurred not only on exchanges overseen by the CFTC, butincreasingly in derivatives traded overthe-counter (OTC) and in energy-backed securities, neither of which have been historically overseen by the CFTC. During 2009, the CFTC held hearings on the effects of OTC trade in energy and other commodities, and Congress has considered proposals to change the organization and authorities for oversight of such markets. On January 14, 2010, the CFTC approved a notice of proposed rulemaking that would establish additional position limits on certain energy markets.

Unlike other Federal entities that currently collect market data, including the CFTC, the Federal Energy Regulatory Commission (FERC) and the Securities and Exchange Commission (SEC), EIA is not a regulatory agency. EIA uses the energy information it collects exclusively for statistical purposes to understand and assess energy market conditions. EIA’s role in informing decision makers and the broader public regarding energy market developments could be strengthened by the availability of current and historical
information about these related financial market practices.

In support of the above, EIA is considering the following topics:

• Identifying information associated with energy market behavior that is most needed to support analysis and increased understanding of energy markets; This might include:

Æ Identifying all oil inventories and other physical oil assets, including all petroleum-based products and the storage of such products in offshore tankers, that are owned by the 50 largest traders of oil contracts including derivatives contracts;

Æ Other physical market data;

Æ Identifying information on energyrelated futures and options traded on exchanges;

Æ Identifying information on behavior in the OTC market for physical delivery of energy commodities in spot and term markets;

Æ Identifying information on behavior in the OTC market for financially-settled swaps, options and other energy derivatives; or

Æ Other financial market data.

• Determining the appropriate levelof aggregation (ranging from transactionlevel data to highly aggregated data) and the appropriate data frequency.

• To the extent historical information might be important for interpreting current market dynamics information, determining the historical time period EIA should consider in acquiring
additional information.

• Determining what would be a useful series of recurring data and analysis reports that EIA could produce.

B. Energy Market Data Sources

Given the public interest in assuring
that EIA’s information collection activities do not impose an undue burden, EIA is presently considering
whether and to what extent it can obtain data from other sources, including:

• Other Federal entities that EIA should incorporate into its analyses of energy prices;

• Non-governmental sources that could help EIA and its customers better understand, analyze and explain the effects of market behavior on energy prices without requiring additional survey data collection efforts;

• Other Federal entities or other
sources that EIA should collect to inform policymakers, market participants, and the public about energy market behavior and prices; and

• Information-gathering methods that
EIA should use to become informed of participants entering or leaving the market(s), in order to manage its survey samples.

C. Timing and Frequency of Existing EIA Energy Data Releases

EIA produces many weekly, monthly, and annual reports on energy marketing and operations. In each case, there are time lags between the ‘‘ as of ’’ date of the information and the publication of the reports. The delay arises from the time needed for data collection, verification of collected data, follow-up with respondents to make clarifications, imputation of missing data, generation of aggregate values from the survey sample, and analysis of aggregate data. The total time for any given report depends on the effort required to perform these tasks and to achieve data quality standards.

EIA monitors and publishes information regarding adherence to its schedules, and has typically achieved a 95 percent or better success rate against its schedule. However, a recent EIA customer survey indicated that some customers would appreciate
acceleration of some releases. EIA is considering:

• For energy information already being collected and disseminated, an acceleration or increased frequency of existing schedules;

• Any consequences to changing time lags in the EIA dissemination process given the availability of information from other sources, some of which require paid subscriptions; and

• Priorities for EIA in allocating limited resources among additional information, more frequent information, and more timely information.

D. Specific Types of Crude Oil

Recently, discussion of energy price behavior has raised several specific issues regarding the non-homogeneous nature of oil as a commodity. Different types of crude oil are produced in different geographical areas, have variations in chemical content, and are therefore sold at different prices. For example, the relative supply of crudes of different qualities can interact with existing refinery capacity, environmental regulations and refinery investment patterns to influence prices. When prices of major benchmark crude types, such as West Texas Intermediate (WTI), change, prices also change for other crudes and, in some cases,
financial instruments linked to such
benchmarks.

EIA collects crude quality data in regard to import quantities and prices, but does not collect or analyze other aspects of the crude oil market in terms


### 4362 Federal Register / Vol. 75, No. 17 / Wednesday, January 27, 2010 / Notices

of crude oil quality. Regarding acquisitions, Form EIA–856, ‘‘Monthly Foreign Crude Oil Acquisition Report, ’’ seeks the FOB, landed costs and other features of crude oil acquisition, including crude oil type and quality. Firms importing 500,000 barrels or more in a reporting month are asked to identify the generic crude oil quality stream for each purchase, selecting from a list of several hundred options. ( See Appendix A at http://www.eia.doe.gov/ pub/oil

_

gas/petroleum/survey

_ forms/ eia856i.pdf. ) In addition, importers are asked to provide the API gravity of specific shipments. Current EIA reports
derived from this information are typically limited to aggregations by country of origin and average prices for different levels of API gravity.

Customers of EIA analyses might
benefit from a more detailed treatment of crude quality differentials as a factor affecting market dynamics. EIA is therefore considering what, if any, additional types of information it should collect, analyze, and disseminate on the pricing, landed costs, inventory, and supply levels of different types of
crude oil.

III. Request for General Comments

General comments submitted in response to this notice will be considered and utilized to develop a plan of action.

Statutory Authority: Section 52(a) of the Federal Energy Administration Act of 1974 as amended, Public Law 94–385, codified at 15

U.S.C. 790a.

Issued in Washington, DC, January 20,

2010. Howard K. Gruenspecht, Deputy Administrator, Energy Information
Administration.

[FR Doc. 2010–1663 Filed 1–26–10; 8:45 am]

**BILLING CODE 6450–01–P**

**DEPARTMENT OF ENERGY**

**Federal Energy Regulatory**
**Commission**

**[Project No. 13–023]**

**Green Island Power Authority; Notice of Application Ready for**  **Environmental Analysis, and Soliciting Comments, Recommendations,**  **Preliminary Terms and Conditions, and Preliminary Fishway Prescriptions** 

January 20, 2010.

Take notice that the following hydroelectric application has been filed
with the Commission and is available for public inspection.

a. Type of Application: New Major
License. b. Project No.: 13–023.

c. Date Filed: March 2, 2009.
d. Applicant: Green Island Power Authority.

e. Name of Project: Green Island Hydroelectric Project.

f. Location: The existing project is located on the Hudson River in Albany County, New York. The project would occupy Federal land managed by the U.S. Army Corps of Engineers.

g. Filed Pursuant to: Federal Power Act 16 U.S.C. 791(a)–825(r).

h. Agent Contact: James A. Besha, President, Albany Engineering Corporation, 5 Washington Square, Albany, NY 12205; (518) 456–7712.

i. FERC Contact: Tom Dean, (202)

502–6041.

j. The deadline for filing comments, recommendations, preliminary terms and conditions, and preliminary fishway prescriptions is 60 days from the issuance of this notice; reply comments are due 105 days from the
issuance date of this notice.

All documents (original and eight copies) should be filed with: Kimberly D. Bose, Secretary, Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426.

The Commission’s Rules of Practice require all intervenors filing documents with the Commission to serve a copy of that document on each person on the official service list for the project. Further, if an intervenor files comments
or documents with the Commission relating to the merits of an issue that may affect the responsibilities of a particular resource agency, they must also serve a copy of the document on that resource agency.

Comments, recommendations, preliminary terms and conditions, and preliminary fishway prescriptions may be filed electronically via the Internet in lieu of paper. The Commission strongly encourages electronic filings. See 18 CFR 385.2001(a)(1)(iii) and the
instructions on the Commission’s Web site ( http://www.ferc.gov ) under the

‘‘ eFiling ’’ link. For a simpler method of submitting text-only comments, click on

‘‘ Quick Comment. ’’

k. This application has been accepted for filing and is ready for environmental analysis.

l. Project Description: The existing Green Island Project utilizes the U.S. Army Corps of Engineers (Corps) Green Island-Troy lock and dam that consists of: (1) A dam with a main spillway with
a fixed crest elevation of 14.33 feet mean sea level (msl); (2) an auxiliary spillway with a crest elevation of 16.33feet msl; and (3) a 520-foot-long, 45-footwide lock. The Green Island Project consists of: (1) 2-foot-high pneumatic flashboards along the top of the main spillway with a crest elevation of 16.33 feet msl; (2) a 700-acre impoundment with a normal
water surface elevation of 16.33 feet msl; (3) a bulkhead and forebay
structure located downstream and at the west end of the Corps dam; (4) a powerhouse containing four 1.5 megawatt (MW) generating units with a total installed capacity of 6.0 MW; (5) a 34.5-kilovolt (kV) underground transmission cable; and (6) appurtenant
facilities.

Green Island Power Authority proposes to: (1) Lower the existing main spillway to a crest elevation of 12.5 feet msl, and install new hydraulically operated crest gates with a maximum crest gate elevation of 18.5 feet msl; (2) increase the auxiliary spillway elevation to 18.4 feet msl; (3) raise the impoundment elevation to 18.4 feet msl and increase the impoundment size to 708 acres; (4) install a new trash boom extending across and upstream of the forebay; (5) expand the existing powerhouse to the east and west and install four new 6.0 MW generating units, and replace the four existing generating units with four new 6.0 MW generating units with a total installed capacity of 48 MW; and (6) install a new 13.8-kV, 70-foot-long transmission line.

On January 15, 2010, Green IslandPower Authority filed a resourcespecific settlement agreement signed by
it and the National Marine Fisheries Service, U.S. Fish and Wildlife Service, and the New York State Department of
Environmental Conservation. Under the settlement agreement, Green Island Power Authority would: (1) Construct two new Denil fish ladders for upstream passage; (2) construct a new fish
exclusion screen and downstream fish passage facility; (3) construct three new eel ladders for upstream passage; and (4) develop plans for fishway effectiveness testing and monitoring, shortnose sturgeon monitoring and mitigation, and water quality and streamflow monitoring.

m. A copy of the application and settlement agreement are available for
review at the Commission in the Public Reference Room or may be viewed on
the Commission’s Web site at http:// www.ferc.gov using the ‘‘ eLibrary’’ link. Enter the docket number excluding the last three digits in the docket number
field to access the document. For assistance, contact FERC Online Support at FERCOnlineSupport@ferc.gov or tollfree at 1–866–208–3676, or for TTY, (202) 502–8659. A copy is also available