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FERC Issues Annual License for Alcoa Yadkin Project

May 6, 2008 The Federal Energy Regulatory Commission (FERC) has issued an annual license for the Yadkin Hydroelectric Project operated by Alcoa Power Generating Inc. (APGI). The annual license mirrors the conditions of APGI's current license and will remain in effect until a new license for the Yadkin Project is issued.
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The Latest News: FERC issues Final Environmental Impact Statement for Yadkin Project

April 21, 2008 FERC issues Final Environmental Impact Statement for Yadkin Project. Federal agencey supports new license, eliminates consideration of federal takeover.
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What Others Are Saying

“Don’t create a dam mess,” reads the headline of a Salisbury Post editorial.
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The Facts about the Yadkin Project Relicensing

An overview of key facts about the relicensing process, including economic and environmental issues being raised by Stanly County.
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The Relicensing Settlement Agreement

Learn more about the benefits a new license will bring to central North Carolina and look at the long list of organizations that support a new license.
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Relicensing Background

The relicensing effort started more than five years ago. Take a look at the key relicensing milestones.
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Lake Levels

The latest information on lake levels
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Stay Informed

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Media Contacts

Request a media interview.
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North Carolina voters strongly oppose state takeover of hydro project in central North Carolina
STATEWIDE POLL SHOWS VOTERS OPPOSE STATE TAKEOVER BY A 3-TO-1 MARGIN

A statewide public opinion poll conducted by McLaughlin & Associates shows that North Carolina voters overwhelmingly oppose a state takeover of the Yadkin Hydroelectric Project operated by Alcoa Power Generating Inc. (APGI) in central North Carolina. The poll found that 75 percent of voters disapprove of the state using tax dollars to take over a privately owned and operated business; oppose a state takeover of the Yadkin Project by a 3-to-1 margin (57% to 19%); and oppose the state getting into the power business by a 2-to-1 margin (59% to 27%).

State lawmakers are currently contemplating whether to form a Yadkin Study Commission that would examine water issues along the Yadkin River, including whether or not the State of North Carolina should pursue a takeover of the Yadkin Hydroelectric Project. The state budget passed last week by the N.C. Senate includes this provision.

“This survey clearly shows that the voters of North Carolina strongly believe that it is a very bad idea for the state government to take over the Alcoa hydroelectric dams and power plant,” said John McLaughlin, CEO of McLaughlin and Associates, a national polling firm based in New York. “Philosophically, the large majority of North Carolina voters are opposed to the concept. In practical terms, they do not want to pay for the takeover and believe the state should instead focus on addressing more pressing needs like education and the economy.”

Click here for an executive summary of the poll prepared by McLaughlin & Associates, including additional survey questions and results.

Setting the Record Straight: The Facts about the Yadkin Project Relicensing
Stanly County officials have recently made a number of false allegations against Alcoa and APGI regarding the relicensing of the Yadkin Hydroelectric Project in central North Carolina. They claim that a new license will put North Carolina's water resources in jeopardy, and that Alcoa is likely to walk away from environmental responsibilities at the Badin Works site.

Those allegations are simply not true. Click here to learn the facts about how a new license will protect North Carolina’s water supply and benefit the people of North Carolina.

Widespread Support for a New License
There is widespread support for a new license among state and federal agencies, local homeowners and recreational users, business organizations and environmental interest groups. Alcoa-Yadkin spent years crafting a Relicensing Settlement Agreement that will improve water quality, preserve land, protect habitat and improve recreational opportunities. Click here for a complete list of benefits.

The relicensing agreement was signed by 23 organizations, including the North Carolina Department of Environment and Natural Resources and two local governments in Stanly County. Click here for a complete list of supporters.

Listen to New Radio Ads
Click here to listen to two new radio ads that are now running across central North Carolina. These ads are designed to help people better understand the benefits that will accompany a new license and to correct misperceptions that may exist.
Copyright © 2008 Alcoa Inc.