In continuing efforts to offer more user-friendly guidance for participants in the region’s Forward Capacity Market (FCM), ISO New England is pleased to announce another revision of its FCM Participation Guide. Information and guidance has been added on the following topics:
About the FCM Participation GuideThe ISO developed the online guide in 2015 in response to stakeholder requests for additional guidance. The guide provides quick and easy access to instructions for operating in the FCM, a capacity market that ensures that the New England power system will have sufficient resources to meet the future demand for electricity.
A host of learning opportunities
The guide complements various classroom and online FCM trainings offered by the ISO available on the Training Materials webpage:
The Manual for the Forward Capacity Market (M-20) also serves as a reference guide to FCM procedures.
Finally, all FCM participants are urged to carefully read Market Rule 1, Section III.13, Forward Capacity Market, and Appendix A, Market Monitoring, Reporting, and Market Power Mitigation. These portions of the ISO Tariff detail rules and responsibilities related to the FCM.