[Federal Register Volume 73, Number 7 (Thursday, January 10, 2008)]
[Notices]
[Page 1873]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-221]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket Nos. ER08-74-000; ER08-74-001]


North American Energy Credit and Clearing--Finance LLC; Notice of 
Issuance of Order

January 3, 2008.
    North American Energy Credit and Clearing--Finance LLC (Finance) 
filed an application for market-based rate authority, with an 
accompanying tariff. The proposed market-based rate tariff provides for 
the sale of energy, capacity and ancillary services at market-based 
rates. Finance also requested waivers of various Commission 
regulations. In particular, Finance requested that the Commission grant 
blanket approval under 18 CFR Part 34 of all future issuances of 
securities and assumptions of liability by Finance.
    On December 27, 2007, pursuant to delegated authority, the 
Director, Division of Tariffs and Market Development-West, granted the 
requests for blanket approval under Part 34 (Director's Order). The 
Director's Order also stated that the Commission would publish a 
separate notice in the Federal Register establishing a period of time 
for the filing of protests. Accordingly, any person desiring to be 
heard concerning the blanket approvals of issuances of securities or 
assumptions of liability by Finance, should file a 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, 385.214 
(2007).
    Notice is hereby given that the deadline for filing protests is 
January 28, 2008.
    Absent a request to be heard in opposition to such blanket 
approvals by the deadline above, Finance is authorized to issue 
securities and assume obligations or liabilities as a guarantor, 
indorser, 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 Finance, 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 approvals of Finance's issuance of securities or assumptions 
of liability.
    Copies of the full text of the Director's Order are available from 
the Commission's Public Reference Room, 888 First Street, NE., 
Washington, DC 20426. The Order may also be viewed on the Commission's 
Web site at http://www.ferc.gov, using the eLibrary link. Enter the 
docket number excluding the last three digits in the docket number 
filed to access the document. Comments, protests, and interventions may 
be filed electronically via the internet in lieu of paper. See, 18 CFR 
385.2001(a)(1)(iii) and the instructions on the Commission's web site 
under the ``e-Filing'' link. The Commission strongly encourages 
electronic filings.

Kimberly D. Bose,
Secretary.
 [FR Doc. E8-221 Filed 1-9-08; 8:45 am]
BILLING CODE 6717-01-P