Document ID: FERC-2006-0520-0001
Agency: ferc
Document Type: Notice
Title: Applications, hearings, determinations, etc.: North American Energy Credit and Clearing-Contract Merchant LLC et al.
Posted Date: 2006-03-17T05:00Z

[Federal Register: March 17, 2006 (Volume 71, Number 52)]
[Notices]               
[Page 13824-13825]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr17mr06-53]                         

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket Nos. ER06-318-000; ER06-318-001; ER06-318-002; ER06-326-000, 
and ER06-326-001]

 
North American Energy Credit and Clearing--Contract Merchant LLC 
North American Energy Credit and Clearing--Delivery LLC; Notice of 
Issuance of Order

March 10, 2006.
    North American Energy Credit and Clearing--Contract Merchant LLC 
(Merchant) and North American Energy Credit and Clearing--Delivery LLC

[[Page 13825]]

(Delivery) filed applications for market-based rate authority with an 
accompanying rate tariffs. The proposed rate tariffs provide for 
wholesale sale of capacity, energy and ancillary services at market-
based rates. Merchant and Delivery also requested waiver of various 
Commission regulations. In particular, Merchant and Delivery requested 
that the Commission grant blanket approval under 18 CFR part 34 of all 
future issuances of securities and assumptions of liability by Merchant 
and Delivery.
    On March 8, 2006, the Commission granted the request for blanket 
approval under part 34, subject to the following:
    Any person desiring to be heard or to protest the blanket approval 
of issuances of securities or assumptions of liability by Merchant and 
Delivery 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, 385.214 (2004).
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, is April 7, 2006.
    Absent a request to be heard in opposition by the deadline above, 
Merchant and Discovery are 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 Merchant and Discovery, 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 approval of Merchant's and Discovery's issuances of 
securities or assumptions of liability.
    Copies of the full text of the Commission'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.

Magalie R. Salas,
Secretary.
[FR Doc. E6-3878 Filed 3-16-06; 8:45 am]

BILLING CODE 6717-01-P