[Federal Register Volume 61, Number 198 (Thursday, October 10, 1996)]
[Notices]
[Page 53211]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-26059]
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DEPARTMENT OF ENERGY
[Docket Nos. ER96-371-000 and ER95-1295-000]
Cleveland Electric Illuminating Company and Market Responsive
Energy, Inc.; Notice of Issuance of Order
October 7, 1996.
Market Responsive Energy, Inc. (Market Energy) filed an application
for authorization to sell power at market-based rates, and for certain
waivers and authorizations. In particular, Market Energy requested that
the Commission grant blanket approval under 18 CFR Part 34 of all
future issuances of securities and assumptions of liabilities by Market
Energy. On September 27, 1996, the Commission issued an Order
Conditionally Accepting For Filing Proposed Market-Based Rates And
Establishing Hearing Procedures (Order), in the above-docketed
proceeding.
The Commission's September 27, 1996 Order granted the request for
blanket approval under Part 34, subject to the conditions found in
Ordering Paragraphs (G), (H), and (J):
(G) 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 Market Energy
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.
(H) Absent a request to be heard within the period set forth in
Ordering Paragraph (G) above, Market Energy is hereby authorized,
pursuant to Section 204 of the FPA, 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 Market Energy, compatible with the public interest, and reasonably
necessary or appropriate for such purposes.
(J) 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 Market
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 October 28, 1996.
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. 96-26059 Filed 10-9-96; 8:45 am]
BILLING CODE 6717-01-M
