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<br />o <br /> <br />, <br /> <br />... <br />\\) slope power features, Revenues derived from the sale of power so generated <br /> <br />~d were estimated as sufficient to repay to the Government a large portion <br /> <br />of the project's cost while yet making available an abundance of low-cost <br /> <br />energy to the many municipalities, REA cooperatives, industries, and util- <br /> <br />ities in the service area. Thus, in brief summary form, did Senate Docu- <br /> <br />ment No, 80 provide the basic plan for this huge project which will furnish <br /> <br />to nearly 1,000 square miles of northeastern Colorado lands an annual <br /> <br /> <br />average upwards of 300,000 acre-feet of irrigation water which in coursing <br /> <br />downward from the high elevations at its collection points to the east <br />slope plains will generate about 175,000 kilowatts of power and an annual <br />average of about 3/4 billion kilowatthours of electric energy. Our econ- <br /> <br />',,' <br /> <br />,. <br /> <br />omists have estimated that during its expected useful life the completed <br /> <br />project will return tangible and intangible benefits to the entire area <br /> <br />in the order of $1 billion, <br /> <br />Following authorization of the project in 1937, construction was <br /> <br />started at Green Mountain Dam and Power Plant near Kremmling, Colorado, <br />in 1938, and to date some $83t million of the project's total estimated <br />cost of about $150 million has been expended, Major features completed <br /> <br />< <br /> <br />are the Green Mountain Dam and Power Plant, Granby Dam and Dikes, Shadow <br /> <br />Mountain Reservoir, Alva B. Adams Tunnel, Marys Lake, Olympus Dam and <br /> <br />Lake Estes, Horsetooth Reservoir, and high-voltage transmission lines ex- <br /> <br />tending, except for small gaps which are now being filled, from Green <br /> <br />Mountain Power Plant on the western slope to Holyoke, Colorado, 14 miles <br /> <br />west of the Nebraska state line. Power demands in northeastern Colorado <br /> <br />have long exceeded the capacity of the Bureau's generating plants serving <br /> <br />this area and to relieve this shortage, we plan to place the Estes Power <br /> <br />2 <br />