[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: 98-16299]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER98-2491-000]


Consolidated Edison Energy, Inc.; Notice of Issuance of Order

June 15, 1998.
    Consolidated Edison Energy, Inc. (ConEd Energy), a power marketing 
affiliate of Consolidated Edison Company of New York, Inc., filed an 
application for authorization to engage in wholesale sales of electric 
energy and capacity at market-based rates, and for certain waivers and 
authorizations. In particular, ConEd Energy requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liabilities by ConEd Energy. 
On June 1, 1998, the Commission issued an Order Conditionally Accepting 
For Filing Proposed Market-Based Rates And Directing Revisions To 
Tariffs And Codes Of Conduct (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 (E), (F), and (H):
    (E) Within 30 days of the date 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 ConEd Energy 
should file a motion to intervene or protest with the Federal Energy 
Regulatory Commission, 888 First Street, N.E., 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.
    (F) Absent a request to be heard within the period set forth in 
Ordering Paragraph (E) above, ConEd Energy is hereby authorized to 
issue securities and assume obligations and liabilities as guarantor, 
endorser, 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 ConEd Energy, compatible with 
the public interest, and reasonably necessary or appropriate for such 
purposes.
    (H) 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 ConEd 
Energy'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. 98-16299 Filed 6-18-98; 8:45 am]
BILLING CODE 6717-01-M