30 CFR 285.903 - What are the requirements for decommissioning FERC-licensed hydrokinetic facilities?

Regulations last checked for updates: Oct 18, 2024

Title 30 - Mineral Resources last revised: Oct 03, 2024

View all text of Subpart I [§ 285.900 - § 285.913]

§ 285.903 - What are the requirements for decommissioning FERC-licensed hydrokinetic facilities?

You must comply with the decommissioning requirements in your BOEM-issued lease. If you fail to comply with the decommissioning requirements of your lease then:

(a) BOEM may call for the forfeiture of your bond or other financial assurance;

(b) You remain liable for removal or disposal costs and responsible for accidents or damages that might result from such failure; and

(c) BSEE may take enforcement action under § 285.400.

authority: 43 U.S.C. 1331

source: 88 FR 6413, Jan. 31, 2023, unless otherwise noted.

cite as: 30 CFR 285.903