Interested in qualifying a new capacity resource? Want to learn more about the new retirement delist bid process? Need to shed a capacity supply obligation? You can quickly find instructions for all that and more in the ISO’s newly revised FCM Participation Guide. The ISO developed the online guide in 2015 in response to stakeholder requests for additional guidance on completing FCM processes.
About the FCMThe Forward Capacity Market 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.