Applications, hearings, determinations, etc.: DTE Edison America, Inc.,

[Federal Register: July 22, 1998 (Volume 63, Number 140)]

[Notices]

[Page 39283]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr22jy98-50]

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. ER98-3026-000]

DTE Edison America, Inc.; Notice of Issuance of Order

July 16, 1998.

DTE Edison America, Inc. (DTE Edison America), an affiliate of Detroit Edison Company, filedan application for Commission authorization to engage in wholesale power sales at market-based rates, and for certain waivers and authorizations. In particular, DTE Edison America requested that the Commission grant blanket approval under 18 CFR Part 34 of all future issuances of securities and assumptions of liabilities by DTE Edison America. On July 16, 1998, the Commission issued an Order Accepting For Filing Proposed Market-Based Rates (Order), in the above-docketed proceeding.

The Commission's July 16, 1998 Order granted the request for blanket approval under Part 34, subject to the conditions found in Ordering Paragraphs (C), (D), and (F):

(C) 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 DTE Edison America 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.

(D) Absent a request to be heard within the period set forth in Ordering Paragraph (C) above, DTE Edison America 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 DTE Edison America, compatible with the public interest, and reasonably necessary or appropriate for such purposes.

(F) 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 DTE Edison America'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 August 17, 1998.

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. David P. Boergers, Acting Secretary.

[FR Doc. 98-19500Filed7-21-98; 8:45 am]

BILLING CODE 6717-01-M