PUBLIC LAW 102-486—OCT. 24, 1992 106 STAT. 3099 (1) an analysis of the technical, environmental, and economic feasibility of reducing the amount of water diverted upstream of such Federal hymroelectric power generation facilities by Federal reclamation projects; (2) an estimate of the reduction, if any, of project power consumed as a result of the decreased amount of diversion; (3) an estimate of the increase in the amount of electrical energy and related revenues which would result from the marketing of such power by the Secretary; (4) an estimate of the fish and wildlife benefits which woiild result from the decreased or modified diversions; (5) a finding by the Secretary of the Interior that the activities proposed in the feasibility study can be carried out in accordance with applicable Federal and State law, interstate compacts and the contractual obligations of the Secretary; and (6) a finding by the affected Federal Power Mcirketing Administrator that the hydroelectric component of the proposed water conservation feature is cost-effective and that the affected Administrator is able to market the hydro-electric power expected to be generated. (b) CONSULTATION.— In preparing feasibility studies piirsuant to this section, the Secretary of the Interior shall consult with, and seek the recommendations of, affected State, local and Indian tribal interests, and shall provide for appropriate public comment. (c) AUTHOMZATION.—There is hereby authorized to be appropriated to the Secretary of the Interior such sums as may be necessary to carry out this section. SEC. 2406. FEDERAL PROJECTS IN THE PACIFIC NORTHWEST. 16 USC 839d-l. Without further appropriation and without fiscal year limitation, the Secretaries of the Interior and Army are authorized to plan, design, construct, operate and maintain generation additions, improvements and replacements, at their respective Federal projects in the Pacific Northwest Region as defined in the Pacific Northwest Electric Power Planning and Conservation Act (Northwest Power Act), Public Law 96-501 (16 U.S.C. 839a(14)), and to operate and maintain the respective Secretary's power facilities in the Region, that the respective Secretary determines necessary or appropriate and that the Bonneville Power Administrator subsequently determines necessary or appropriate, with any funds that the Administrator determines to make available to the respective Secretary for such purposes. Each Secretary is authorized, without further appropriation, to accept and use such funds for such purposes: Provided, That, such funds shall continue to be exempt from sequestration pursuant to section 255(g)(l) of the Balanced Budget and Emergency Deficit Control Act of 1985: Provided further. That this section shall not modify or affect the applicability of any provision of the Northwest Power Act. This provision shall be effective on Effective date. October 1, 1993. SEC. 2407. CERTAIN PROJECTS IN ALASKA. (a) AUTHORITY TO ISSUE EXEMPTIONS. —Except as provided in subsection (b) or (c), upon receipt of an application under this section, the Federal Energy Regulatory Commission (hereinafter in this section referred to as the Commission") may grant, notwithstanding the provisions of section 2402, an exemption in whole or in part from the requirements of part I of the Federal Power Act, including any Ucense requirements contained in part I of
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