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This document outlines the Medium-Term 2 Capacity Contract between the Supplier and the PESO, detailing obligations, definitions, and operational guidelines for electricity capacity procurement in Ontario.

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What is medium-term 2 capacity contract?

A medium-term 2 capacity contract is a formal agreement that outlines the terms and conditions for capacity allocation and resource management over a specified medium-term timeframe, typically ranging from one to five years.

Who is required to file medium-term 2 capacity contract?

Entities that manage or operate capacity resources in the energy market, including producers, distributors, and service providers, are required to file medium-term 2 capacity contracts.

How to fill out medium-term 2 capacity contract?

The medium-term 2 capacity contract must be filled out by detailing the capacity agreement terms, including the parties involved, resource specifications, quantity of capacity, duration, and any relevant regulatory compliance information.

What is the purpose of medium-term 2 capacity contract?

The purpose of a medium-term 2 capacity contract is to ensure the reliable allocation of energy resources, facilitate long-term planning, and enhance market stability by defining obligations and expectations between parties involved.

What information must be reported on medium-term 2 capacity contract?

Information reported on a medium-term 2 capacity contract includes the identification of parties, details of the capacity being contracted, delivery schedules, pricing arrangements, and any applicable regulatory requirements.

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