CFR > Title 30 - Mineral Resources > CHAPTER II—MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR > SUBCHAPTER B—OFFSHORE (parts 250 to 285) > PART 285—RENEWABLE ENERGY ALTERNATE USES OF EXISTING FACILITIES ON THE OUTER CONTINENTAL SHELF > SUBPART D—Lease and Grant Administration (§285.400 to §285.437) > 285.429—What criteria will MMS consider in deciding whether to renew a lease or grant?

285.429—What criteria will MMS consider in deciding whether to renew a lease or grant?

The MMS will consider the following criteria in deciding whether to renew a lease or grant:
(a) Design life of existing technology.
(b) Availability and feasibility of new technology.
(c) Environmental and safety record of the lessee or grantee.
(d) Operational and financial compliance record of the lessee or grantee.
(e) Competitive interest and fair return considerations.
(f) Effects of the lease or grant on generation capacity and reliability within the regional electrical distribution and transmission system.