What is the status of the Yadkin Project?
The FERC has yet to make a final decision on the project, and will not be able to do so until this summer at the earliest, pending on action the North Carolina Division of Water Quality takes in response to public comments on a water quality certificate application Alcoa needs to obtain a federal license for the Yadkin Project. That review could end as early as May 2, although the State can take steps to extend the time (up to a year) to consider the issues. If and when Alcoa earns that certificate, the process would continue to the FERC, which can choose to approve the relicensing application, deny it or condition it so that the public interest is better served.
