[Federal Register Volume 63, Number 118 (Friday, June 19, 1998)]
[Notices]
[Page 33640]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-16297]


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DEPARTMENT OF ENERGY

[Docket No. ER98-2020-000]
Federal Energy Regulatory Commission


Energy Clearinghouse Corporation; Notice of Issuance of Order

June 15, 1998.
    Energy Clearinghouse Corporation (ECC) filed an application for 
authorization to sell power at market-based rates, and for certain 
waivers and authorizations. In particular, ECC requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liabilities by ECC. On June 
1, 1998, the Commission issued an Order Accepting for Filing Proposed 
Market-Based Rates (Order), in the above-docketed proceeding.
    The Commission's June 1, 1998 Order granted the request for blanket 
approval under Part 34, subject to the conditions found in Ordering 
Paragraphs (D), (E), and (G):
    (D) Within 30 days of the date of issuance of this order, any 
person desiring to be heard or to protest the Commission's blanket 
approval of issuances of securities or assumptions of liabilities by 
ECC should file a motion to intervene or protest with the Federal 
Energy Regulatory Commission, 888 First Street, NE., Washington, DC 
20426, in accordance with Rules 211 and 214 of the Commission's Rules 
of Practice and Procedure, 18 CFR 385.211 and 385.214.
    (E) Absent a request to be heard within the period set forth in 
Ordering Paragraph (D) above, ECC is hereby authorized to issue 
securities and assume obligations and liabilities as guarantor, 
indorser, surety or otherwise in respect of any security of another 
person; provided that such issue or assumption is for some lawful 
object within the corporate purposes of ECC, compatible with the public 
interest, and reasonably necessary or appropriate for such purposes.
    (G) The Commission reserves the right to modify this order to 
require a further showing that neither public nor private interests 
will be adversely affected by continued Commission approval of ECC's 
issuances of securities or assumptions of liabilities. * * *
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is July 1, 1998. Copies of 
the full text of the Order are available from the Commission's Public 
Reference Branch, 888 First Street, NE., Washington, DC 20426.
David P. Boergers,
Acting Secretary.
[FR Doc. 98-16297 Filed 6-18-98; 8:45 am]
BILLING CODE 6717-01-M