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ISO New England Manual for the Forward Capacity Market (FCM)Manual M20Revision: 15 Effective Date: March 1December , 2014Prepared by ISO New England Inc. ISO New England Manual for the Forward Capacity
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How to fill out master forward capacity auction

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How to fill out master forward capacity auction

01
Step 1: Determine the capacity requirement for the forward period.
02
Step 2: Obtain the necessary information and documents required for the auction.
03
Step 3: Register for the master forward capacity auction.
04
Step 4: Fill out the auction application form with accurate and complete information.
05
Step 5: Submit the auction application form by the specified deadline.
06
Step 6: Review the auction results and allocation of capacity.
07
Step 7: Sign necessary contracts and agreements upon successful allocation of capacity.
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Step 8: Fulfill any additional requirements or obligations as per the auction rules and regulations.

Who needs master forward capacity auction?

01
Electricity market participants who require forward capacity for a specified period.
02
Organizations or entities that plan to operate electricity generation facilities or participate in the electricity market.
03
Regulatory bodies or utility companies responsible for ensuring sufficient capacity to meet electricity demand.

What is Master Forward Capacity Auction Schedule Section 2 Form?

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The master forward capacity auction is a competitive process used to procure capacity resources for future electricity demand. It allows market participants to submit bids to meet the expected demand in a specified time frame.
Entities participating in the capacity market, such as load-serving entities and capacity suppliers, are required to file for the master forward capacity auction.
To fill out the master forward capacity auction, participants need to complete the required application forms, provide information on resource availability, submit their bids, and ensure compliance with market rules and regulations.
The purpose of the master forward capacity auction is to ensure that there is sufficient capacity available to meet future electricity demand, promote competition among suppliers, and determine the price of capacity.
Participants must report various information including the type and amount of capacity being offered, resource availability, bidding prices, and any relevant operational data as stipulated by regulatory requirements.
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