Document ID: FERC-2006-1443-0001
Agency: ferc
Document Type: Notice
Title: Applications, hearings, determinations, etc.: Power Hedging Dynamics, LLC
Posted Date: 2006-07-24T04:00Z

[Federal Register: July 24, 2006 (Volume 71, Number 141)]
[Notices]               
[Page 41792-41793]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr24jy06-65]                         

-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket Nos. ER06-1018-000; ER06-1018-001]

 
Power Hedging Dynamics, LLC; Notice of Issuance of Order

July 13, 2006.
    Power Hedging Dynamics, LLC (Power Hedging) 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. Power Hedging also requested 
waivers of various Commission regulations. In particular, Power Hedging 
requested that the Commission grant blanket approval under 18 CFR part 
34 of all future issuances of securities and assumptions of liability 
by Power Hedging.
    On July 13, 2006, pursuant to delegated authority, the Director, 
Division of Tariffs and Market Development--West, granted the requests 
for blanket approval under Part

[[Page 41793]]

34. 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 or to protest the blanket approvals of issuances of securities or 
assumptions of liability by Power Hedging 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 protest is August 14, 2006.
    Absent a request to be heard in opposition by the deadline above, 
Power Hedging 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 Power Hedging, 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 Power Hedging's issuances 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.

Magalie R. Salas,
Secretary.
 [FR Doc. E6-11652 Filed 7-21-06; 8:45 am]

BILLING CODE 6717-01-P