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TeachMeFinance.com - explain Preliminary permit (hydroelectric power) Preliminary permit (hydroelectric power) -- A single site permit granted by the FERC (Federal Energy Regulatory Commission), which gives the recipient priority over anyone else to apply for a hydroelectric license. The preliminary permit enables the recipient to prepare a license application and conduct various studies for economic feasibility and environmental impacts. The period for a preliminary permit may extend to 3 years. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.