[Federal Register Volume 73, Number 20 (Wednesday, January 30, 2008)]
[Notices]
[Page 5549]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-1587]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket Nos. ER07-1250-000, ER07-1250-001, ER07-1250-002, ER07-1250-
003]


PowerGrid Systems, Inc.; Notice of Issuance of Order

January 23, 2008.
    PowerGrid Systems, Inc. (PowerGrid) filed an application for 
market-based rate authority, with an accompanying rate schedule. The 
proposed market-based rate schedule provides for the sale of energy and 
capacity at market-based rates. PowerGrid also requested waivers of 
various Commission regulations. In particular, PowerGrid requested that 
the Commission grant blanket approval under 18 CFR part 34 of all 
future issuances of securities and assumptions of liability by 
PowerGrid.
    On January 23, 2008, 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 PowerGrid, 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). The Commission 
encourages the electronic submissions of protests using the FERC Online 
link at http://www.ferc.gov.
    Notice is hereby given that the deadline for filing protests is 
February 22, 2008.
    Absent a request to be heard in opposition to such blanket 
approvals by the deadline above, PowerGrid 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 PowerGrid, 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 PowerGrid'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. E8-1587 Filed 1-29-08; 8:45 am]
BILLING CODE 6717-01-P