[Federal Register Volume 67, Number 2 (Thursday, January 3, 2002)]
[Notices]
[Pages 317-318]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-66]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket Nos. ER01-2783-000 and ER01-2783-001]


ODEC Power Trading, Inc.; Notice of Issuance of Order

December 27, 2001.
    ODEC Power Trading, Inc. (ODEC) filed with the Commission, in the 
above-docketed proceeding, an application for authority to sell 
electric energy and capacity at market-based rates. ODEC also requested 
certain waivers and authorizations. In particular, ODEC requested that 
the Commission grant blanket approval under 18 CFR Part 34 of all 
future issuances of securities and assumptions of liabilities by ODEC. 
On December 19, 2001, the Commission issued an order that accepted 
ODEC's application for sales of capacity and energy at market-based 
rates (Order), subject to any tariff condition adopted by the 
Commission in Docket No. EL01-118-000.
    The Commission's December 19, 2001 Order granted ODEC's request for

[[Page 318]]

blanket approval under Part 34, subject to the conditions found in 
Appendix A in Ordering Paragraphs (2), (3), and (5):
    (2) 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 ODEC 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.
    (3) Absent a request to be heard within the period set forth in 
Ordering Paragraph (2) above, ODEC 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 ODEC, compatible with the 
public interest, and reasonably necessary or appropriate for such 
purposes.
    (5) 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 ODEC'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 January 22, 2002.
    Copies of the full text of the Order are available from the 
Commission's Public Reference Branch, 888 First Street, NE., 
Washington, DC 20426. The Order may also be viewed on the web at http://www.ferc.gov using the ``RIMS'' link, select ``Docket#'' and follow 
the instructions (call 202-208-2222 for assistance). 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.

Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 02-66 Filed 1-2-02; 8:45 am]
BILLING CODE 6717-01-P