[Federal Register: December 18, 2007 (Volume 72, Number 242)]
[Notices]
[Page 71678-71680]
[DOCID:fr18de07-48]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. CP08-8-000]

Leaf River Energy Center LLC; Notice of Intent To Prepare an
Environmental Assessment for the Proposed Leaf River Storage Project
and Request for Comments on Environmental Issues

December 11, 2007.
    The staff of the Federal Energy Regulatory Commission (FERC or
Commission) will prepare an environmental assessment (EA) that will
discuss the environmental impacts of the Leaf River Storage Project
involving construction and operation of underground natural gas storage
and pipeline header facilities by Leaf River Energy Center LLC (Leaf
River) in Smith, Jasper, and Clarke Counties, Mississippi. The EA will
be used by the Commission in its decision-making process to determine
whether the project is in the public convenience and necessity.
    This notice announces the opening of the scoping process the
Commission will use to gather input from the public and interested
agencies on the project. Your input will help determine which issues
need to be evaluated in the EA. Please note that the scoping period
will close on January 10, 2008. Details on how to submit comments are
provided in the Public Participation section of this notice.
    This notice is being sent to affected landowners; federal, state,
and local government agencies; elected officials; Native American
tribes; other interested parties; and local libraries and newspapers.
State and local government representatives are asked to notify their
constituents of this proposed project and to encourage them to comment
on their areas of concern.
    A fact sheet prepared by the FERC entitled ``An Interstate Natural
Gas Facility On My Land? What Do I Need To Know?'' addresses a number
of typically asked questions, including the use of eminent domain and
how to participate in the Commission's proceedings. It is available for
viewing on the FERC Internet Web site (http://www.ferc.gov).

Summary of the Proposed Project

    Leaf River proposes to:
     Construct four storage wells and caverns with a total
working gas capacity of 32 billion cubic feet (Bcf);
     Install seven 4,800 horsepower gas driven reciprocating
compressor units at its proposed compressor station/gas

handling facility along with gas dehydration equipment in Smith County,
Mississippi;
     Drill four water supply wells and four deep injection
disposal wells and construct a 16-inch-diameter water supply pipeline
and a 16-inch-diameter brine disposal pipeline;
     Construct 6.6 miles of dual bi-directional 24-inch-
diameter natural gas pipelines called the Dome Lateral;
     Construct a single 6.9 mile 24-inch-diameter natural gas
pipeline to the west of the junction with the Dome Lateral and 30.4
miles of dual 24-inch-diameter natural gas pipelines to the east of the
junction called the West East Lateral which would follow the corridor
to be occupied by Gulf South Pipeline Company, LP's proposed Southeast
Expansion Project;
     Install a fiber optic cable along the header system to
transmit signals from the gas handling facility and the interconnect
sites; and
     Construct four meter and regulator stations and 5
interconnects.
    The purpose of the project is to provide additional gas storage
that will be capable of withdrawing and delivering gas at a rate of up
to 2.5 Bcf per day and of receiving and injecting gas at a rate of up
to 1.0 Bcf per day. Leaf River proposes that the Project will include a
natural gas pipeline header system to interconnections with five
interstate gas transmission pipelines.
    The general location of the proposed facilities is shown in
Appendix 1. \1\
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    \1\ The appendices referenced in this notice are not being
printed in the Federal Register. Copies of all appendices are
available on the Commission's website at the ``eLibrary'' link or
from the Commission's Public Reference Room, 888 First Street, NE.,
Washington, DC 20426, or call<PHONE_NUMBER>. For instructions on
connecting to eLibrary refer to the ``Additional Information''
section of this notice. Copies of the appendices were sent to all
those receiving this notice in the mail. Requests for detailed maps
of the proposed facilities should be made directly to Leaf River.
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The EA Process

    We \2\ are preparing this EA to comply with the National
Environmental Policy Act (NEPA) which requires the Commission to take
into account the environmental impact that could result if it
authorizes Leaf River's proposal. By this notice, we are also asking
federal, state, and local agencies with jurisdiction and/or special
expertise with respect to environmental issues to formally cooperate
with us in the preparation of the EA. Agencies that would like to
request cooperating status should follow the instructions for filing
comments provided below.
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    \2\ ``We,'' ``us,'' and ``our'' refer to the environmental staff
of the FERC's Office of Energy Projects.
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    NEPA also requires the FERC to discover and address concerns the
public may have about proposals. This process is referred to as
``scoping.'' The main goal of the scoping process is to focus the
analysis in the EA on the important environmental issues. By this
Notice of Intent, we are requesting public comments on the scope of the
issues to address in the EA. All comments received are considered
during the preparation of the EA.
    The EA will discuss impacts that could occur as a result of the
construction and operation of the proposed project under these general
headings:
     Geology and soils.
     Land use and visual quality.
     Cultural resources.
     Vegetation and wildlife (including threatened and
endangered species).
     Air quality and noise.
     Reliability and safety.
    We will also evaluate possible alternatives to the proposed project
or portions of the project, where necessary, and make recommendations
on how to lessen or avoid impacts on the various resource areas.
    Our independent analysis of the issues will be in the EA. Depending
on the comments received during the scoping process, the EA may be
published and mailed to federal, state, and local agencies, public
interest groups, interested individuals, affected landowners,
newspapers, libraries, and the Commission's official service list for
this proceeding. A comment period will be allotted for review if the EA
is published. We will consider all comments on the EA before we make
our recommendations to the Commission.
    To ensure your comments are considered, please carefully follow the
instructions in the Public Participation section below.

Public Participation

    You can make a difference by providing us with your specific
comments or concerns about the project. By becoming a commentor, your
concerns will be addressed in the EA and considered by the Commission.
You should focus on the potential environmental effects of the
proposal, alternatives to the proposal including alternative compressor
station sites, and measures to avoid or lessen environmental impact.
The more specific your comments, the more useful they will be. Please
carefully follow these instructions to ensure that your comments are
received in time and properly recorded:
     Send an original and two copies of your letter to:
Kimberley D. Bose, Secretary, Federal Energy Regulatory Commission, 888
First St., NE., Room 1A, Washington, DC 20426;
     Label one copy of the comments for the attention of Gas
Branch 1, PJ-11.1;
     Reference Docket No. CP08-8-000; and
     Mail your comments so that they will be received in
Washington, DC on or before January 10, 2008.
    The Commission encourages electronic filing of comments. See 18
Code of Federal Regulations 385.2001(a)(1)(iii) and the instructions on
the Commission's Internet Web site at http://www.ferc.gov under the

``eFiling'' link and the link to the User's Guide. Prepare your
submission in the same manner as you would if filing on paper and save
it to a file on your hard drive. Before you can file comments you will
need to create an account by clicking on ``Login to File'' and then
``New User Account.'' You will be asked to select the type of filing
you are making. This filing is considered a ``Comment on Filing.''
    As described above, we may mail the EA for comment. If you are
interested in receiving an EA for review and/or comment, please return
the Information Request (Appendix 3). If you do not return the
Information Request, you will be taken off the mailing list.

Becoming an Intervenor

    In addition to involvement in the EA scoping process, you may want
to become an official party to the proceeding known as an
``intervenor.'' Intervenors play a more formal role in the process.
Among other things, intervenors have the right to receive copies of
case-related Commission documents and filings by other intervenors.
Likewise, each intervenor must send one electronic copy (using the
Commission's eFiling system) or 14 paper copies of its filings to the
Secretary of the Commission and must send a copy of its filings to all
other parties on the Commission's service list for this proceeding.
    If you want to become an intervenor you must file a motion to
intervene according to Rule 214 of the Commission's Rules of Practice
and Procedure (18 CFR 385.214) (see Appendix 2). \3\ Only intervenors
have

the right to seek rehearing of the Commission's decision.
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    \3\ Interventions may also be filed electronically via the
Internet in lieu of paper. See the previous discussion on filing
comments electronically.
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    Affected landowners and parties with environmental concerns may be
granted intervenor status upon showing good cause by stating that they
have a clear and direct interest in this proceeding which would not be
adequately represented by any other parties. You do not need intervenor
status to have your environmental comments considered.

Additional Information

    Additional information about the project is available from the
Commission's Office of External Affairs, at 1-866-208-FERC or on the
FERC Internet Web site (http://www.ferc.gov) using the ``eLibrary''

link. Click on the eLibrary link, then on ``General Search'' and enter
the docket number excluding the last three digits in the Docket Number
field. Be sure you have selected an appropriate date range. For
assistance, please contact FERC Online Support at
<EMAIL_ADDRESS>or toll free at 1-866-208-3676, or for TTY,

contact<PHONE_NUMBER>. The eLibrary link also provides access to the
texts of formal documents issued by the Commission, such as orders,
notices, and rulemakings.
    In addition, the Commission now offers a free service called
eSubscription which allows you to keep track of all formal issuances
and submittals in specific dockets. This can reduce the amount of time
you spend researching proceedings by automatically providing you with
notification of these filings, document summaries and direct links to
the documents. Go to http://www.ferc.gov/esubscribenow.htm.

    Finally, public meetings or site visits will be posted on the
Commission's calendar located at http://www.ferc.gov/EventCalendar/EventsList.aspx
 along with other related information.

Kimberly D. Bose,
Secretary.
[FR Doc. E7-24415 Filed 12-17-07; 8:45 am]

BILLING CODE 6717-01-P


[Federal Register Volume 85, Number 162 (Thursday, August 20, 2020)]
[Notices]
[Pages 51425-51426]
[FR Doc No: 2020-18265]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Project No. 3211-010]

Power Authority of New York; Notice of Application Tendered for
Filing With the Commission and Establishing Procedural Schedule for
Licensing and Deadline for Submission of Final Amendments

    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.: 3211-010.
    c. Date Filed: July 31, 2020.
    d. Applicant: Power Authority of the State of New York (Power
Authority or NYPA).
    e. Name of Project: Hinckley (Gregory B. Jarvis) Hydroelectric
Project.
    f. Location: The existing project is located on West Canada Creek,
a tributary of the Mohawk River, at the Hinckley Reservoir dam,
approximately 0.5 mile upstream of the Hamlet of Hinckley in the
counties of Oneida and Herkimer, New York. The project does not occupy
federal land.
    g. Filed Pursuant to: Federal Power Act, 16 U.S.C. 791(a)-825(r).
    h. Applicant Contact: Cindy Brady, New York Power Authority, 123
Main Street, White Plains, NY 10601;<PHONE_NUMBER>;
<EMAIL_ADDRESS>    i. FERC Contact: Emily Carter,<PHONE_NUMBER> or
<EMAIL_ADDRESS>    j. This application is not ready for environmental analysis at this
time.
    k. Project Description: The existing Gregory B. Jarvis Project
consists of: (1) A 570-foot-long, 53-foot-high north embankment dam;
(2) a 2,600-foot-long south embankment dam; (3) a 400-foot-long ogee-
type, cyclopean concrete spillway with a crest elevation of 1,225 feet;
\1\ (4) a 65-foot-long, 82-foot-high non-overflow cyclopean concrete
intake structure with the top at 1,240 feet; (5) intake structure trash
racks with 5.375-inch clear-spacing; (6) a 15-foot-diameter penstock,
which bifurcates into two 90-foot-long, 10.5-foot-diameter penstocks;
(7) two 3-foot by 4-foot gate valves that lead to a 42-inch-diameter
sluice gate; (8) a 120-foot-long, 55-foot-wide, 43-foot-high semi-
underground powerhouse located 200 feet downstream of the non-overflow
intake structure; (9) two 4.5-megawatt (MW) horizontal Kaplan turbine-
generator units; (10) an underground transformer; (11) a 280-foot-long
tailrace; (12) a 60-inch-diameter water pipe used as a low-level
outlet; (13) two 4.16-kilovolt (kV) generator leads routed 50-feet
underground to an aboveground NYPA-owned 46-kV/4.16-kV step-up
transformer; (14) an approximately 300-foot-long, 46-kV underground
transmission line; and (15) appurtenant facilities.
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    \1\ All elevations are referenced to the Hinckley Datum.
Elevations referenced to the Hinckley Datum are 1.04 feet higher
than elevations referenced to the National Geodetic Vertical Datum
[NGVD29 or mean sea level (msl)], thus, 1,225.0 Hinckley Datum
corresponds to 1,223.96 feet NGVD29 or msl.
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    The Gregory B. Jarvis Project takes advantage of the releases
prescribed by the New York State Canal Corporation (NYS Canal Corp) in
accordance with the 2012 Hinckley Reservoir Operating Diagram to
generate power. Project operation is adjusted on a twice-weekly basis.
NYPA does not deviate from the operating diagram unless directed to do
so by the NYS Canal Corp. Reservoir levels are maintained between 1,195
feet and 1,225 feet (the elevation of the spillway crest); however,
reservoir water levels can fall below 1,195 feet during a dry season.
The Jarvis Project does not operate when reservoir levels are below
1,195 feet.
    The project has two horizontal Kaplan units which are each capable
of operating between 300 and 900 cubic feet per second (cfs) for a
total hydraulic

capacity of 1,800 cfs under normal operating conditions. At flows
within the operating range of the units (300 to 1,800 cfs), the project
provides outflow via generation. At flows below 300 cfs, or when the
reservoir water surface elevation is below 1,195 feet, the project does
not operate. During these conditions, the low-level sluice gate no. 4
is used to pass a minimum flow of 160 cfs. At flows greater than 1,800
cfs, and when the reservoir water surface elevation is greater than
1,225 feet, downstream releases are passed via a combination of
generation and spillage.
    NYPA occasionally operates the project in peaking mode. When NYPA
is peaking, it will average the outflow required by the operating
diagram over the course of the day. When operated in this manner, the
project generates with a lower outflow during non-peak demand periods
and then generates with a higher outflow during peak demand periods
such that the total daily average flow is equal to the outflow
prescribed by the operating diagram.
    l. In addition to publishing the full text of this document in the
Federal Register, the Commission provides all interested individuals an
opportunity to view and/or print the contents of this document via the
internet through the Commission's Home Page (www.ferc.gov) using the
``eLibrary'' link. At this time, the Commission has suspended access to
the Commission's Public Access Room due to the proclamation declaring a
National Emergency concerning the Novel Coronavirus Disease (COVID-19),
issued by the President on March 13, 2020. For assistance, contact FERC
at<EMAIL_ADDRESS>or call toll-free,<PHONE_NUMBER> or TTY,
(202) 502-8659. The application can also be found on the applicant's
website (http://www.nypa.gov/jarvis).
    m. You may also register online at http://www.ferc.gov/docs-filing/esubscription.asp to be notified via email of new filings and issuances
related to this or other pending projects. For assistance, contact FERC
Online Support.
    n. Procedural Schedule: The application will be processed according
to the following preliminary Hydro Licensing Schedule. Revisions to the
schedule may be made as appropriate.

------------------------------------------------------------------------
                  Milestone                           Target date
------------------------------------------------------------------------
Notice of Acceptance/Notice of Ready for       September 2020.
 Environmental Analysis.
Filing of recommendations, preliminary terms   November 2020.
 and conditions, and fishway prescriptions.
Commission issues draft Environmental          July 2021.
 Assessment (EA).
Comments on draft EA.........................  August 2021.
Modified Terms and Conditions................  October 2021.
Commission issues final EA...................  January 2022.
------------------------------------------------------------------------

    o. Final amendments to the application must be filed with the
Commission no later than 30 days from the issuance date of the notice
of ready for environmental analysis.

    Dated: August 14, 2020.
Kimberly D. Bose,
Secretary.
[FR Doc. 2020-18265 Filed 8-19-20; 8:45 am]
BILLING CODE 6717-01-P


[Federal Register Volume 83, Number 142 (Tuesday, July 24, 2018)]
[Notices]
[Pages 35033-35038]
[FR Doc No: 2018-15771]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. 34-83662; File No. SR-ICC-2018-008]

Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of
Filing of Proposed Rule Change Relating to ICC's Risk Management Model
Description Document and ICC's Risk Management Framework

July 18, 2018.
    Pursuant to Section 19(b)(1) of the Securities Exchange Act of
1934, 15 U.S.C. 78s(b)(1) and Rule 19b-4, 17 CFR 240.19b-4, notice is
hereby given that on July 5, 2018, ICE Clear Credit LLC (``ICC'') filed
with the Securities and Exchange Commission the proposed rule change as
described in Items I, II and III below, which Items have been prepared
by ICC. The Commission is publishing this notice to solicit comments on
the proposed rule change from interested persons.

I. Clearing Agency's Statement of the Terms of Substance of the
Proposed Rule Change, Security-Based Swap Submission, or Advance Notice

    The principal purpose of the proposed rule change is to make
revisions to the ICC Risk Management Model Description Document and the
ICC Risk Management Framework related to the transition from a stress-
based approach to a Monte Carlo-based methodology for the spread
response and recovery rate (``RR'') sensitivity response components of
the Initial Margin model. These revisions do not require any changes to
the ICC Clearing Rules.

II. Clearing Agency's Statement of the Purpose of, and Statutory Basis
for, the Proposed Rule Change, Security-Based Swap Submission, or
Advance Notice

    In its filing with the Commission, ICC included statements
concerning the purpose of and basis for the proposed rule change,
security-based swap submission, or advance notice and discussed any
comments it received on the proposed rule change, security-based swap
submission, or advance notice. The text of these statements may be
examined at the places specified in Item IV below. ICC has prepared
summaries, set forth in sections (A), (B), and (C) below, of the most
significant aspects of these statements.

(A) Clearing Agency's Statement of the Purpose of, and Statutory Basis
for, the Proposed Rule Change, Security-Based Swap Submission, or
Advance Notice

(a) Purpose
    ICC proposes revising its Risk Management Model Description
Document and its Risk Management Framework. ICC believes such revisions
will facilitate the prompt and accurate clearance and settlement of
securities transactions and derivative agreements, contracts, and
transactions for which it is responsible. The proposed revisions are
described in detail as follows.
    The purpose of the proposed changes is to transition from a stress-
based approach to a Monte Carlo-based methodology for the spread
response and recovery rate (``RR'') sensitivity response components of
the Initial Margin model. ICC notes certain limitations of its stress-
based approach, namely, that it generates a limited number of stress
scenarios that may not capture the risk of portfolios with more complex
non-linear instruments and that it does not provide for a consistent
estimation of the portfolio level spread response based on a defined
risk measure (e.g., Value-at-Risk (``VaR'')) and quantile (e.g., 99%).
The transition to a Monte Carlo-based methodology rectifies these
limitations, as it considers a large set of scenarios to more
appropriately capture portfolio risk, including the risk of more
complex non-linear instruments, and produces consistent quantile-based
portfolio risk measure estimates.
    To derive the spread response component, the current stress-based
approach considers a set of hypothetical ``tightening'' and
``widening'' credit spread scenarios, from which it computes instrument
Profit/Loss (``P/L'') responses for every Risk Factor (``RF'')
scenario. All instrument P/L responses for a scenario are aggregated to
obtain the portfolio P/L response for that scenario. Since the set of
scenarios does not reflect the joint distribution of the considered
RFs, offsets between P/Ls are applied to provide some portfolio
benefits. To derive the RR sensitivity response component, all
instruments belonging to a RF or Risk Sub-Factor (``RSF'') are
subjected to RR stress scenarios to obtain the resulting P/L responses,
and the worst scenario response is chosen for the estimation of the RF/
RSF RR sensitivity response component.
    Under the proposed Monte Carlo-based methodology, the ``integrated
spread response'' component replaces the spread response and RR
sensitivity response components. This component will be computed by
creating P/L distributions from a set of jointly-simulated hypothetical
(forward looking) spread and RR scenarios. The proposed Monte Carlo-
based methodology utilizes standard tools in modeling dependence, which
can be seen as a means for constructing multivariate distributions with
different univariate distributions and with desired dependence
structures, to generate the spread and RR scenarios. The proposed Monte
Carlo-based methodology provides flexibility in modeling tail
dependence, an important concept in risk management as it provides
information about how frequently extreme values are expected to occur,
and thus ICC considers them particularly suitable for implementing its
Monte Carlo framework.
    The univariate RF distribution assumptions do not change under the
proposed Monte Carlo-based

methodology. ICC will utilize the simulated scenarios to derive
hypothetical spread and RR levels, at which each instrument is repriced
in order to generate a scenario instrument P/L based on post-index-
decomposition positions. ICC will create P/L distributions from the set
of jointly-simulated hypothetical (forward looking) credit spread and
RR scenarios to compute the integrated spread response component. The
P/L distributions for each instrument allow ICC to decompose portfolio
level P/L at the RF level and to estimate RF-level risk measures. The
proposed model will utilize the 5-day 99.5% VaR measure and allow ICC
to be compliant with the European Market Infrastructure Regulation
(``EMIR'') as applied to Over-The-Counter instruments.
Risk Management Model Description Document
    ICC proposes revisions to the `Initial Margin Methodology' section
of the Risk Management Model Description Document to reflect the
described transition from a stress-based approach to a Monte Carlo-
based methodology for the spread response and RR sensitivity response
components. ICC proposes to clarify its risk management approach to
note that it features stress loss considerations and a P/L distribution
analysis at selected quantile levels that are 99% or higher. The
proposed changes also include a description of each of the Initial
Margin model components, which are separated into statistically
calibrated components and stress-based add-on components. The
statistically calibrated components (i.e., spread and RR dynamics,
interest rate dynamics, and index/single-name (``SN'') basis dynamics)
reflect fluctuations in market observed or implied quantities, and
their direct P/L impacts. The stress-based add-on components (i.e.,
idiosyncratic loss given default (``LGD''), wrong-way-risk (``WWR'')
LGD, bid/offer width risk, and concentration risk) reflect the risk
associated with low probability events with limited information sets.
    ICC proposes to reorganize the `Initial Margin Methodology' section
to begin with the `LGD Risk Analysis' section. The proposed changes to
the `LGD Risk Analysis' section include minor updates to terminology.
The proposed revisions clarify that the LGD calculation considers RSF-
specific RR level scenarios and that the Jump-To-Default (``JTD'') RR
stress levels are updated if needed. ICC proposes to update the Profit/
Loss-Given-Default (``P/LGD'') calculation at the RSF level to indicate
the association between JTD and the RR level scenarios. ICC proposes to
remove a reference to the stress levels noted in the current `RR
Sensitivity Risk Analysis' section. ICC proposes to move the RF level
P/LGD calculation ahead of the Risk Factor Group (``RFG'') LGD
calculations to avoid disrupting the grouping of RFG LGD calculations.
    ICC proposes amendments to the `JTD Risk Analysis' section. The
proposed revisions to the Uncollateralized LGD (``ULGD'') calculation
incorporate the integrated spread response component described above
and remove reference to the current RR sensitivity response component.
ICC also proposes, for clarity, to shorten a description in the WWR JTD
calculation and to move details regarding the Kendall tau rank-order
correlation to follow the WWR JTD calculation since such details are
associated with the WWR JTD calculation. The details regarding the
Kendall tau rank-order correlation remain unchanged, except for the
addition of clarifying language referencing regulatory guidance with
respect to RFs deemed highly correlated. ICC proposes to include this
information, which is currently located in a source in a footnote,
within the text to provide further description of the source in the
footnote. ICC also proposes minor structural updates to its description
of specific WWR (``SWWR'') to enhance readability.
    ICC proposes to add clarifying language to the `Interest Rate
Sensitivity Risk Analysis' section to note that the interest rate
sensitivity component is a statistically calibrated Initial Margin
component. ICC also proposes to correct a notation to reflect an
inverse distribution function.
    ICC proposes amendments to the `Basis Risk Analysis' section, which
consist of combining into this section the current index decomposition
process, followed by SN position offsets, and then generating basis
risk requirements. Currently, the index decomposition process and SN
position offsets are discussed under the `Spread Risk Analysis'
section. However, given the proposed changes to the `Spread Risk
Analysis' section along with the interrelation of these concepts, ICC
proposes to combine these concepts by discussing each of them as a
different subsection under the `Basis Risk Analysis' section. Since the
index decomposition process, followed by SN position offsets, generates
basis risk requirements, these concepts are particularly well suited
for discussion within the same section. Specifically, ICC proposes
moving the description under the current `Long-Short Benefits among RFs
with Common Basis' subsection to the proposed `Index Decomposition and
Long-Short Offsets' subsection. ICC proposes minor changes to such
description, including removing references to the spread response
component that ICC proposes to replace.
    Similarly, ICC proposes moving the description under the current
`Portfolio Benefits Hierarchy Summary' subsection to the proposed
`Long/Short Offset Hierarchy' subsection. The description includes the
hierarchy to be followed in the allocation of each SN position to the
index derived opposite positions and remains largely the same. ICC
proposes minor changes to remove references to the current spread
response component and to update the index series in an example.
    ICC proposes moving the analysis under the current `Basis Risk
Analysis' section to the proposed `Index-Basis Risk Estimation'
subsection. The analysis discusses the calculation of the basis risk
component and remains largely the same. The proposed edits state that
the basis risk component is statistically calibrated to provide
additional clarity, update a description to specify that index
instruments may react to changing market conditions differently than SN
instruments to more accurately reflect trading characteristics, and
remove an example considered to be unnecessary and overly specific
given its applicability to one index.
    ICC proposes to combine the current `Spread Risk Analysis' and `RR
Sensitivity Risk Analysis' sections into the proposed `Spread and RR
Risk Analysis' section to reflect ICC's transition from a stress-based
approach to a Monte Carlo-based methodology for the spread response and
RR sensitivity response components. As discussed above, ICC currently
utilizes different methodologies to separately derive the spread
response and the RR sensitivity response components, which are
discussed in the `Spread Risk Analysis' and `RR Sensitivity Risk
Analysis' sections, respectively. Under the proposed approach, ICC will
utilize credit spreads and RR distributions to jointly simulate
scenarios to estimate portfolio risk measures. Accordingly, ICC
proposes to combine the `Spread Risk Analysis' and `RR Sensitivity Risk
Analysis' sections into the `Spread and RR Risk Analysis' section given
their interrelation under the proposed approach, in which the
integrated spread response will be computed by creating P/L
distributions from a set of jointly-simulated hypothetical (forward
looking) spread and RR scenarios.
    ICC proposes to remove details regarding the current stress-based
approach from the `Initial Margin

Methodology' section and to describe how ICC generates credit spread
scenarios using Monte Carlo techniques in the amended `Spread Risk
Analysis' section. As described above, the spread response component is
derived in terms of a set of hypothetical ``tightening'' and
``widening'' credit spread scenarios under the current stress-based
approach. The analysis of the univariate characteristics of credit
spread log-returns to arrive at credit spread scenarios does not change
under the Monte Carlo-based methodology.
    The univariate RF distribution assumptions do not change under the
Monte Carlo-based methodology and thus the `Distribution of the Credit
Spreads' subsection remains largely the same with some clarifying
changes to language included.
    ICC proposes to describe the implementation of the Monte Carlo-
based methodology in the new `Multivariate Statistical Approach via
Copulas' subsection. ICC proposes to include a discussion on the
construction and application of the standard tools in modeling
dependence, including the review of their theoretical background, in
the new `Copulas' subsection.
    ICC proposes the `Tail Dependence' subsection to provide a
description of the concept of tail dependence, given its relevancy as
it indicates the probability of extreme values occurring jointly. The
proposed subsection provides additional support behind ICC's conclusion
that the tools for modeling dependence are particularly suitable for
connecting the various univariate distributions in a multivariate
setting as they provide flexibility in modeling tail dependence.
    Under the proposed `Copula Simulation' subsection, ICC describes
its Monte Carlo-based simulation approach. The proposed approach is
based on first generating for all SN RF/RSF and On The Run indices Most
Actively Traded Tenor (``MATT'') scenarios using the stochastic
representation of the selected multivariate distribution under
consideration. The conditional simulation approach is then utilized to
generate individual RF/tenor-specific scenarios. ICC also proposes to
describe the block simulation approach that it utilizes in generating
scenarios, which departs from an approach where all tenors for all SNs
are simulated together. Instead, specific blocks of the correlation
matrix are considered through the stepwise block simulation approach.
    Under the proposed `Copula Parameter Estimation' subsection, ICC
discusses the estimation of a new parameter. The proposed subsection
includes a description of two methods that can be used for parameter
estimation, namely the ``quasi Maximum Likelihood'' approach and the
``Canonical Maximum Likelihood'' method. ICC proposes to include the
value at which this parameter is set conservatively and to explain that
such a value reflects strong tail dependence within the simulation
framework, which is important because ICC estimates that tail
dependence will increase in stressed market conditions.
    Next, ICC proposes to remove details regarding the current stress-
based approach for the RR sensitivity response component and to
describe how ICC jointly simulates credit spread and RR scenarios using
Monte Carlo techniques in the amended `RR Risk Analysis' section. As
discussed above, under the current stress-based approach, the RR
sensitivity response component is computed in terms of RR stress
scenarios and incorporates potential losses associated with changes in
the market implied RR. The proposed Monte Carlo-based methodology
considers the risk arising from fluctuations in the market implied RRs
of each SN RF and/or RSF jointly with the fluctuations in the curves of
credit spreads.
    The univariate RR distribution assumptions do not change under the
Monte Carlo-based methodology and thus the proposed `Distribution of
RRs' subsection contains much of the relevant analysis under the
current `RR Sensitivity Risk Analysis' section with some additional
clarifying language to further specify that the RR stress-based
sensitivity requirement transitioned to a Monte Carlo simulation-based
methodology. ICC proposes to note the assumption regarding the analysis
of each SN RF/RSF that includes the description located under the
current `Beta Distribution' subsection since the integrated spread
response also assumes a Beta distribution describing the behavior of
the RRs.
    The amended `Parameter Estimation' subsection discusses the
parameter calibration necessary to simulate RR scenarios and is largely
the same. The proposed revisions remove or replace terminology
associated with the stress-based approach with terminology associated
with the Monte Carlo-based approach.
    The proposed `Spread-Recovery-Rate Bivariate Model' subsection
describes the use of credit spread and RR distributions to jointly
simulate scenarios to estimate portfolio risk measures under the Monte
Carlo-based methodology. Namely, ICC proposes to discuss the use of the
conditional simulation approach to jointly simulate SN RF/RSF-specific
RR scenarios with SN RF/RSF MATT spread log-return scenarios. ICC
proposes to note several assumptions under this model, along with an
explanation of how it generates the individual SN RF/RSF-specific RR
scenarios and the tenor-specific spread scenarios using copulas.
    ICC proposes moving the `Arbitrage-Free Modeling' subsection, which
is currently located under the `Spread Risk Analysis' section, under
the `Spread and RR Risk Analysis' section. The analysis remains largely
the same with some language clarifications, including references to
simulated spread levels in conjunction with simulated RR levels within
the text and within formulas to ensure consistency with the proposed
`Spread and RR Risk Analysis' section. ICC proposes further revisions
to terminology, such as removing terminology associated with the
stress-based approach and incorporating the Monte Carlo simulation
based methodology described above to ensure consistency with the
proposed `Spread and RR Risk Analysis' section. ICC also proposes
replacing specific references to the current most actively traded tenor
with references to the more general concept of ``most actively traded
tenor'' to account for a situation in which the referenced most
actively traded tenor is different.
    Under the proposed `Risk Estimations' subsection, ICC describes the
computation of the integrated spread response component. Once the Monte
Carlo scenarios are simulated, all instruments will be repriced, and
the respective instrument P/L responses will be computed. Upon
consideration of the instrument positions in each portfolio along with
the instrument P/L responses, portfolio risk estimations will be
performed and the integrated spread response component will be
established.
    ICC proposes to discuss its calculation of P/Ls for instruments,
RFs, common currency sub-portfolios, and multi-currency sub-portfolios
under the new `RF and Sub-Portfolio Level Integrated Spread Response'
subsection. ICC proposes to retain the use of sub-portfolios as is
currently done today. However, the portfolio benefits across sub-
portfolios will be limited. This enhancement allows ICC to decompose
portfolio level P/L at the sub-portfolio level and to estimate sub-
portfolio level risk measures.
    Under the proposed `Instrument P/L Estimations' subsection, ICC
describes the calculation of instrument P/Ls. Namely, ICC will reprice
all instruments

at the hypothetical spread and RR levels, which are derived from the
simulated spread and RR scenarios, and take the difference between the
prices of the instruments at the simulated scenarios and the current
end-of-day (``EOD'') prices. ICC will utilize the instrument-related P/
L distribution to estimate the instrument-specific integrated spread
response as the 99.5% VaR measure in the currency of the instrument.
    Under the proposed `RF P/L Estimations' subsection, ICC describes
the calculation of RF P/Ls. ICC will utilize the simulated P/L
scenarios, combined with the post-index-decomposition positions related
to a given RF, to generate a currency-specific RF P/L distribution. ICC
will utilize this RF-related P/L distribution to estimate the RF-
specific integrated spread response as the 99.5% VaR measure in the
currency of the considered RF.
    Under the proposed `Common Currency Sub-Portfolio P/L Estimations'
subsection, ICC describes the calculation of common currency sub-
portfolio P/Ls. For a currency specific sub-portfolio, ICC extracts the
relevant risk measures from sub-portfolio level P/L distributions,
which are obtained from the aggregation of common currency RF P/L
distributions.
    Under the proposed `Multi-Currency Sub-Portfolio P/L Estimations'
subsection, ICC adds clarifying language describing the calculation of
multi-currency sub-portfolio P/Ls. ICC proposes to extend multi-
currency portfolio benefits to RFs with similar market characteristics,
where the RFs and their respective instruments are denominated in
different currencies. Under the proposed approach, long-short
integrated spread response benefits are provided between Corporate RFs
that are denominated in different currencies. ICC proposes to retain
the multi-currency risk aggregation approach, which involves obtaining
U.S. Dollar (``USD'') and Euro (``EUR'') denominated sub-portfolio P/L
distributions, to RFs within the North American Corporate and European
Corporate sub-portfolios denominated in USD and EUR currencies,
respectively.
    ICC proposes to include its calculation for the portfolio level
integrated spread response component in the `Portfolio level Integrated
Spread Response' subsection. The calculation will include the sub-
portfolio-specific integrated spread response after any potential
multicurrency benefits and the RF-specific integrated spread response.
ICC proposes the new `RF Attributed Integrated Spread Response
Requirements' subsection to describe the calculation of the RF
attributed integrated spread response component for each RF in the
considered portfolio.
    ICC proposes minor revisions to the `Anti-Procyclicality Measures'
subsection to replace terminology associated with the stress-based
approach with terminology associated with the Monte Carlo-based
approach. ICC also proposes to update calculation descriptions relating
to portfolio responses to note that certain amounts are converted to or
represented in USD using the EOD established foreign exchange (``FX'')
rate.
    ICC proposes updates to the `Multi-Currency Portfolio Treatment'
section to incorporate the proposed integrated spread response
component. ICC proposes to clarify that it implements a multi-currency
portfolio treatment methodology for portfolios with instruments that
are denominated in different currencies. The proposed changes also
remove references to the current spread response component.
    ICC propose minor edits to the `Portfolio Loss Boundary Condition'
section to remove or replace references to the current spread response
and RR sensitivity response components with references to the proposed
integrated spread response component within the text and within
formulas to ensure consistency with the proposed `Spread and RR Risk
Analysis' section, specifically the `Portfolio Level Integrated SR'
subsection. Moreover, ICC proposes to reference, for clarity, the total
number of RFs within the considered sub-portfolio in its calculations
of the maximum portfolio loss and the maximum portfolio integrated
spread response to ensure consistency with the proposed `Spread and RR
Risk Analysis' section, specifically the `Portfolio Level Integrated
SR' subsection.
    ICC proposes minor changes to the `Guaranty Fund (``GF'')
Methodology' section. The proposed changes move the descriptions
associated with the credit spread curve shape scenarios (i.e., Uniform
Scaling, Pivoting, and Tenor Specific) from the current `Spread Risk
Analysis' section to the `Unconditional Uncollateralized Exposures'
subsection. Although the credit spread curve shape scenarios are
currently considered as part of the spread response component, ICC
proposes to only use them for GF purposes. The descriptions and
calculations associated with the credit spread curve shape scenarios
remain largely the same with some clarifying changes, including the
substitution of a variable for the simulation quantile in the
calculations to reflect consistency with the GF risk measure, and
structural changes to the descriptions to enhance readability.
Additionally, the proposed changes include reference to the integrated
spread response in place of the spread response in the calculations
describing the GF stress spread response.
    ICC proposes other non-material changes to the Risk Management
Model Description Document, including minor grammatical, typographical,
and structural changes to enhance readability and minor updates to
calculations to update symbol notations.
Risk Management Framework
    ICC proposes conforming revisions to its Risk Management Framework
to reflect the transition from a stress-based approach to a Monte
Carlo-based methodology for the spread response and RR sensitivity
response components of the Initial Margin model. The proposed revisions
are described in detail as follows.
    ICC proposes changes to the `Waterfall Level 2: Initial Margin'
section to combine the spread response and the RR sensitivity
components into the proposed integrated spread response component. The
proposed revisions introduce the integrated spread response component
under the amended `Integrated Spread Response Requirements' section and
replace all references to the spread response with references to the
integrated spread response. ICC proposes conforming changes throughout
the framework. Currently, the spread response component is obtained by
estimating scenario P/L for a set of hypothetical ``tightening'' and
``widening'' credit spread scenarios and by considering the largest
loss. Under the proposed revisions, the integrated spread response will
be computed by creating P/L distributions from a set of jointly-
simulated hypothetical (forward looking) credit spread and RR
scenarios. The proposed changes provide an updated calculation of the
instrument scenario P/L, note the mappings between spread and RR levels
and prices are performed by means of the International Swap and
Derivatives Association (``ISDA'') standard conversion convention, and
specify that the hypothetical prices are forward looking. ICC also
proposes to state that the integrated spread response approach assumes
a distribution that describes the behavior of the RRs.
    ICC proposes the new `Index Decomposition Approach' subsection,
which contains the analysis under the current `Index Decomposition
Benefits between Index RFs and SN RSFs'

subsection without any material changes. ICC also proposes the new
`Portfolio Approach' subsection to describe the Monte Carlo simulation
framework, which replaces the current stress-based approach noted
above. ICC proposes to utilize Monte Carlo techniques to generate
spread and RR scenarios. ICC will utilize the simulated scenarios to
derive hypothetical spread and RR levels, at which each instrument is
repriced in order to generate a scenario instrument P/L based on post-
index-decomposition positions. For each scenario, instrument P/Ls are
aggregated to obtain RF and sub-portfolio P/Ls, which represent the RF
and sub-portfolio P/L distributions that are used to estimate the RF
and sub-portfolio 99.5% VaR measures at a risk horizon that is at least
5 days. The portfolio level integrated spread response is estimated as
a weighted sum of RF and sub-portfolio 99.5% VaR measures. ICC also
proposes to move its analysis related to achieving anti pro-cyclicality
to the amended `Integrated Spread Response Requirements' section
without any material changes.
(b) Statutory Basis
    Section 17A(b)(3)(F) of the Act \1\ requires, among other things,
that the rules of a clearing agency be designed to promote the prompt
and accurate clearance and settlement of securities transactions, and
to the extent applicable, derivative agreements, contracts and
transactions; to assure the safeguarding of securities and funds which
are in the custody or control of the clearing agency or for which it is
responsible; and to comply with the provisions of the Act and the rules
and regulations thereunder. ICC believes that the proposed rule changes
are consistent with the requirements of the Act and the rules and
regulations thereunder applicable to ICC, in particular, to Section
17(A)(b)(3)(F),\2\ because ICC believes that the proposed rule changes
will promote the prompt and accurate clearance and settlement of
securities transactions, derivatives agreements, contracts, and
transactions, and contribute to the safeguarding of securities and
funds associated with security-based swap transactions in ICC's custody
or control, or for which ICC is responsible. The transition to a Monte
Carlo-based methodology rectifies certain limitations associated with
the current stress-based approach, since Monte Carlo techniques allow
ICC to consider a large set of scenarios to more appropriately capture
portfolio risk, including the risk of more complex non-linear
instruments, and produce consistent quantile-based portfolio risk
measures. Moreover, the proposed transition to a Monte Carlo-based
methodology enhances ICC's Initial Margin model since it provides a
robust and flexible solution to assessing the risk of complex
portfolios. As a result, ICC believes that it will be better able to
capture portfolio risk and generate sound and efficient Initial Margin
requirements, which would enhance the financial resources available to
ICC and thus decrease the possibility that a default adversely impacts
ICC's operations, thereby facilitating ICC's ability to promptly and
accurately clear and settle its cleared CDS contracts and enhancing
ICC's ability to assure the safeguarding of securities and funds which
are in the custody or control of ICC or for which it is responsible. As
such, the proposed rule changes are designed to promote the prompt and
accurate clearance and settlement of securities transactions,
derivatives agreements, contracts, and transactions and to contribute
to the safeguarding of securities and funds associated with security-
based swap transactions in ICC's custody or control, or for which ICC
is responsible within the meaning of Section 17A(b)(3)(F) \3\ of the
Act.
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78q-1(b)(3)(F).
    \2\ Id.
    \3\ Id.
---------------------------------------------------------------------------

    The proposed rule change will also satisfy the requirements of Rule
17Ad-22.\4\ Rule 17Ad-22(b)(2) \5\ requires ICC to establish,
implement, maintain and enforce written policies and procedures
reasonably designed to use margin requirements to limit its credit
exposures to participants under normal market conditions. ICC believes
that the transition from a stress-based to a Monte Carlo-based
methodology provides for a consistent and capital-efficient portfolio
approach, which will improve ICC's ability to calculate margin
requirements. An enhanced margin calculation will allow ICC to
establish margin requirements that are better able to capture the risk
of portfolios, including portfolios with more complex non-linear
instruments, to ensure that ICC establishes margin requirements that
are commensurate with the risks and characteristics of each portfolio,
thereby improving ICC's ability to limit its credit exposures to
participants under normal market conditions, consistent with the
requirements of Rule 17Ad-22(b)(2).\6\
---------------------------------------------------------------------------

    \4\ 17 CFR 240.17Ad-22.
    \5\ 17 CFR 240.17Ad-22(b)(2).
    \6\ Id.
---------------------------------------------------------------------------

    Rule 17Ad-22(b)(3) \7\ requires ICC to establish, implement,
maintain and enforce written policies and procedures reasonably
designed to maintain sufficient financial resources to withstand, at a
minimum, a default by the two Clearing Participant (``CP'') families to
which it has the largest exposures in extreme but plausible market
conditions. The utilization of Monte Carlo techniques will enhance the
financial resources available to ICC by enhancing ICC's Initial Margin
model such that ICC is better able to capture portfolio risk and
generate stable and efficient Initial Margin requirements. As a result,
the likelihood that a default adversely impacts ICC's operations
lessens, allowing ICC to continue to ensure that it maintains
sufficient financial resources to withstand, at a minimum, a default by
the two CP families to which it has the largest exposures in extreme
but plausible market conditions, consistent with the requirements of
Rule 17Ad-22(b)(3).\8\
---------------------------------------------------------------------------

    \7\ 17 CFR 240.17Ad-22(b)(3).
    \8\ Id.
---------------------------------------------------------------------------

    Rule 17Ad-22(d)(8) \9\ requires ICC to have governance arrangements
that are clear and transparent to fulfill the public interest
requirements in Section 17A of the Act.\10\ ICC's Risk Management
Framework and Risk Management Model Description Document clearly assign
and document responsibility and accountability for risk decisions and
require consultation with or approval from the ICC Board, committees,
or management. ICC determined to transition to a Monte Carlo-based
methodology in accordance with its governance process, which included
review of the changes to the Risk Management Framework and the Risk
Management Model Description Document and related risk management
considerations by the ICC Risk Committee and approval by the Board.
These governance arrangements continue to be clear and transparent,
such that information relating to the assignment of responsibilities
for risk decisions and the requisite involvement of the ICC Board,
committees, and management is clearly documented, consistent with the
requirements of Rule 17Ad-22(d)(8).\11\
---------------------------------------------------------------------------

    \9\ 17 CFR 240.17Ad-22(d)(8).
    \10\ 15 U.S.C. 78q-1.
    \11\ 17 CFR 240.17Ad-22(d)(8).
---------------------------------------------------------------------------

(B) Clearing Agency's Statement on Burden on Competition

    ICC does not believe the proposed rule changes would have any
impact, or impose any burden, on competition. The proposed changes to
ICC's Risk Management Model Description Document and ICC's Risk
Management Framework will apply uniformly across

all market participants. Therefore, ICC does not believe the proposed
rule changes impose any burden on competition that is inappropriate in
furtherance of the purposes of the Act.

(C) Clearing Agency's Statement on Comments on the Proposed Rule
Change, Security-Based Swap Submission, or Advance Notice Received From
Members, Participants or Others

    Written comments relating to the proposed rule change have not been
solicited or received. ICC will notify the Commission of any written
comments received by ICC.

III. Date of Effectiveness of the Proposed Rule Change, Security-Based
Swap Submission, or Advance Notice and Timing for Commission Action

    Within 45 days of the date of publication of this notice in the
Federal Register or within such longer period up to 90 days (i) as the
Commission may designate if it finds such longer period to be
appropriate and publishes its reasons for so finding or (ii) as to
which the self-regulatory organization consents, the Commission will:
    (A) By order approve or disapprove such proposed rule change, or
    (B) institute proceedings to determine whether the proposed rule
change should be disapproved.

IV. Solicitation of Comments

    Interested persons are invited to submit written data, views, and
arguments concerning the foregoing, including whether the proposed rule
change, security-based swap submission, or advance notice is consistent
with the Act. Comments may be submitted by any of the following
methods:

Electronic Comments

     Use the Commission's internet comment form (http://www.sec.gov/rules/sro.shtml); or
     Send an email to [email protected]. Please include
File Number SR-ICC-2018-008 on the subject line.

Paper Comments

    Send paper comments in triplicate to Secretary, Securities and
Exchange Commission, 100 F Street NE, Washington, DC 20549-1090.

All submissions should refer to File Number SR-ICC-2018-008. This file
number should be included on the subject line if email is used. To help
the Commission process and review your comments more efficiently,
please use only one method. The Commission will post all comments on
the Commission's internet website (http://www.sec.gov/rules/sro.shtml).
Copies of the submission, all subsequent amendments, all written
statements with respect to the proposed rule change, security-based
swap submission, or advance notice that are filed with the Commission,
and all written communications relating to the proposed rule change,
security-based swap submission, or advance notice between the
Commission and any person, other than those that may be withheld from
the public in accordance with the provisions of 5 U.S.C. 552, will be
available for website viewing and printing in the Commission's Public
Reference Room, 100 F Street NE, Washington, DC 20549, on official
business days between the hours of 10:00 a.m. and 3:00 p.m. Copies the
filing also will be available for inspection and copying at the
principal office of ICE Clear Credit and on ICE Clear Credit's website
at https://www.theice.com/clear-credit/regulation. All comments
received will be posted without change. Persons submitting comments are
cautioned that we do not redact or edit personal identifying
information from comment submissions. You should submit only
information that you wish to make available publicly. All submissions
should refer to File Number SR-ICC-2018-008 and should be submitted on
or before August 14, 2018.

    For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\12\
---------------------------------------------------------------------------

    \12\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------

Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-15771 Filed 7-23-18; 8:45 am]
BILLING CODE 8011-01-P


[Federal Register Volume 82, Number 170 (Tuesday, September 5, 2017)]
[Notices]
[Pages 41947-41948]
[FR Doc No: 2017-18722]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER17-2343-000]

Bullock Solar, LLC; Supplemental Notice That Initial Market-Based
Rate Filing Includes Request for Blanket Section 204 Authorization

    This is a supplemental notice in the above-referenced proceeding of
Bullock Solar, LLC's application for market-based rate authority, with
an accompanying rate tariff, noting that such application includes a
request for blanket authorization, under 18 CFR part 34, of future
issuances of securities and assumptions of liability.
    Any person desiring to intervene or to protest should file with the
Federal Energy Regulatory Commission, 888 First Street NE., Washington,
DC 20426, in accordance with Rules 211 and 214 of the Commission's
Rules of Practice and Procedure (18 CFR 385.211 and 385.214). Anyone
filing a motion to intervene or protest must serve a copy of that
document on the Applicant.
    Notice is hereby given that the deadline for filing protests with
regard to the applicant's request for blanket authorization, under 18
CFR part 34, of future issuances of securities and assumptions of
liability, is September 18, 2017.
    The Commission encourages electronic submission of protests and
interventions in lieu of paper, using the FERC Online links at http://www.ferc.gov. To facilitate electronic service, persons with Internet
access who will eFile a document and/or be listed as a contact for an
intervenor must create and validate an eRegistration account using the
eRegistration link. Select the eFiling link to log on and submit the
intervention or protests.
    Persons unable to file electronically should submit an original and
5 copies of the intervention or protest to the Federal Energy
Regulatory Commission, 888 First Street NE., Washington, DC 20426.

    The filings in the above-referenced proceeding are accessible in
the Commission's eLibrary system by clicking on the appropriate link in
the above list. They are also available for electronic review in the
Commission's Public Reference Room in Washington, DC. There is an
eSubscription link on the Web site that enables subscribers to receive
email notification when a document is added to a subscribed docket(s).
For assistance with any FERC Online service, please email
<EMAIL_ADDRESS>or call<PHONE_NUMBER> (toll free). For
TTY, call<PHONE_NUMBER>.

    Dated: August 29, 2017.
Nathaniel J. Davis, Sr.,
Deputy Secretary.
[FR Doc. 2017-18722 Filed 9-1-17; 8:45 am]
BILLING CODE 6717-01-P