Forward Capacity Market (FCM) Frequently Asked Questions
NOTICE: These FAQs are provided as a service to help explain in simple terms various issues related to the Forward Capacity Market. They are not indicative of the final market design, as assumptions and other design elements may change. Moreover, the FAQs do not address all of the issues and requirements associated with participation in the Forward Capacity Market.
The ISO's administration of the Forward Capacity Market is governed solely by the Transmission, Markets and Services Tariff (the "Tariff"). The information in these FAQs should not be used as a substitute for the Tariff.
For these reasons, it is important that any party considering participation in the Forward Capacity Market carefully review the relevant portions of the Tariff as and when they are filed.
Access FAQs addressing general questions associated with the Forward Capacity Market.
Access FAQs addressing qualification related questions associated with the Forward Capacity Market. Included are questions regarding the Show-of-Interest Application, the qualification of new and existing capacity, and the qualification of delist applications.
Access FAQs addressing Forward Capacity Auction related questions associated with the Forward Capacity Market,including questions regarding intraround bidding and start- and end-of-round pricing.
Access responses to questions submitted by stakeholders in order to help all stakeholders better understand and participate in the Forward Capacity Auction #7.
Access FAQs addressing reconfiguration auctions and bilateral contracting related questions associated with the Forward Capacity Market. Included are questions regarding the timing of, and qualification for, Reconfiguration Auctions.
Access FAQs addressing payments, performance and charges related questions associated with the Forward Capacity Market, including questions regarding peak energy rents (PER) and shortage events.
 
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