[Federal Register Volume 62, Number 46 (Monday, March 10, 1997)] [Notices] [Pages 10834-10835] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 97-5824] ----------------------------------------------------------------------- DEPARTMENT OF ENERGY [Docket No. ER97-1084-000] Power Access Management, Notice of Issuance of Order March 5, 1997. Power Access Management (PAM) submitted for filing a rate schedule under which PAM will engage in wholesale electric power and energy transactions as a marketer. PAM also requested waiver of various Commission regulations. In particular, PAM requested that the Commission grant [[Page 10835]] blanket approval under 18 CFR Part 34 of all future issuances of securities and assumptions of liability by PAM. On February 19, 1997, pursuant to delegated authority, the Director, Division of Applications, Office of Electric Power Regulation, granted requests for blanket approval under Part 34, subject to the following: Within thirty days of the date of the order, any person desiring to be heard or to protest the blanket approval of issuances of securities or assumptions of liability by PAM should file a motion to intervene or protest with the Federal Energy Regulatory Commission, 888 First Street, N.E., Washington, D.C. 20426, in accordance with Rules 211 and 214 of the Commission's Rules of Practice and Procedure (18 CFR 385.211 and 385.214). Absent a request for hearing within this period, PAM is authorized to issue securities and assume obligations or liabilities as a guarantor, endorser, surety, or otherwise in respect of any security of another person; provided that such issuance or assumption is for some lawful object within the corporate purposes of the applicant, and compatible with the public interest, and is reasonably necessary or appropriate for such purposes. The Commission reserves the right to require a further showing that neither public nor private interests will be adversely affected by continued approval of PAM's issuances of securities or assumptions of liability. Notice is hereby given that he deadline for filing motions to intervene or protests, as set forth above, is March 21, 1997. Copies of the full text of the order are available from the Commission's Public Reference Branch, 888 First Street, N.E. Washington, D.C. 20426. Lois D. Cashell, Secretary. [FR Doc. 97-5824 Filed 3-7-97; 8:45 am] BILLING CODE 6717-01-N