Southeastern Power Administration 2007 Annual Report

Program Document · Fri Dec 28 04:00:00 EST 2007

OSTI ID:1132924

Dear Secretary Chu: I am proud to submit Southeastern Power Administration’s (Southeastern’s) fiscal year (FY) 2007 Annual Report for your review. The information included in this report reflects Southeastern’s programs, accomplishments, and financial activities for the 12-month period beginning October 1, 2006 and ending September 30, 2007. Southeastern marketed more than 5 billion kilowatt-hours of energy to 492 wholesale Federal power customers in an 11-state marketing area in FY 2007. Revenues from the sale of this power totaled approximately $219 million. Drought conditions continued to plague the southeast region of the United States during 2007 placing strains on our natural and financial resources. Southeastern purchased more than $40 million in replacement power to meet customer contract requirements to ensure the continued reliability of our nation’s power grid. With the financial assistance and support of our Federal power customers, continued funding for capitalized equipment replacements at various Corps of Engineers’ (Corps) hydroelectric projects provided much needed repairs and maintenance for aging facilities. Southeastern’s cyber and physical security program continued to be reviewed and updated to meet Department of Energy (DOE), Homeland Security, and North American Electric Reliability Corporation standards and requirements. Plans for the upcoming year include communication and cooperation with DOE, Federal power customers, and the Corps to maximize the benefits of our nation’s water resources. Competition for the use of water and the prolonged drought conditions will present another challenging year for our agency. The employees at Southeastern will be proactive in meeting these challenges and providing reliable hydroelectric power to the people in the southeast. Sincerely, Kenneth E. Legg Administrator

• Research Organization: USDOE Southeastern Power Administration (SEP)
• Sponsoring Organization: USDOE Southeastern Power Administration (SEP)
• OSTI ID: 1132924
• Report Number(s): DOE/SEPA-2007-Annual-Report
• Country of Publication: United States
• Language: English

Related Subjects

2007
Alabama
Cumberland System
Cumberland System Dam Safety Issues
Customer Funding
Customer Sales
Cyber and Physical Security
Drought Conditions in the Southeast
Energy Efficiency and Renewable Energy Program
Energy Policy Act – Section 1834 Study
Financial Overview
Financial Statements
Florida
Georgia
Georgia-Alabama-South Carolina System
Jim Woodruff System
Kentucky
Kerr-Philpott System
Marketing Area
Marketing Objectives
Mississippi
North Carolina
Rates & Repayments
South Carolina
Tennessee
Virginia
and Independent Auditors’ Report
and West Virginia
annual report
electric
power
southeastern power
southern Illinois