Findings

The findings of the Seventeenth Guam Legislature are that:

(a)P.L. 16-119 requires the Guam Power Authority to prepare a Ten Year Alternate Energy Plan for Guam, and that the Governor I Maga’håga/Maga’låhi shall forward said plan to the Legislature to be considered for codification into law; and

(b)The Governor appointed an Alternate Energy Task Force to research and prepare a Ten Year Alternate Energy Plan; and the Alternate Energy Task Force has identified essentially the same indigenous renewable energy resources as outlined in the Comprehensive Development Plan for Guam and the Territorial Energy Assessment/Final Report and has suggested a schedule for implementation; and

(c)The Comprehensive Development Plan for Guam was presented to the Legislature by Governor Bordallo in 1978. That Comprehensive Development Plan has been the working document for energy development since then, notwithstanding its not having been officially adopted by resolution of the Legislature as of the date of this Act. The Comprehensive Development Plan for Guam incorporated a section describing the energy situation on Guam in 1978, and outlines alternate energy options planned for Guam at that time; and

(d)The United States Department of Energy has adopted the Territorial Energy Assessment/Final Report as its official guideline for development of alternate energy resources for the Insular Territories; and

(e)The Congress of the United States is currently considering means of funding the studies outlined in the Territorial Energy Assessment/Final Report; and

(f)Studies have been conducted by several professional engineering companies which indicate that alternate energy forms may be found among Guam’s indigenous resources and elsewhere; and

(g)All studies indicate that no source of alternate energy is competitive cost-wise with the present cost of generating power using current conventional sources of power presently available on Guam; and

(h)Guam has sufficient capacity for power generation for the foreseeable future, using conventional power sources; and

(i)The development of the Ten Year Alternate Energy Plan has been accomplished without the expenditure of any significant local funds through existing governmental agencies; and CH. 8 GUAM POWER AUTHORITY

(j)The government of Guam and Guam Power Authority are relatively small and have no excess funds to experiment with new forms of energy with local or Guam Power Authority Funds.