Common use of Participation in Capacity Markets Clause in Contracts

Participation in Capacity Markets. A Developer, in order to be eligible to become an Installed Capacity Supplier or receive Unforced Capacity Deliverability Rights or External-to-ROS Deliverability Rights, must obtain XXXX pursuant to the procedures set forth in this Attachment S. A Developer must enter a Class Year Deliverability Study or Expedited Deliverability Study in order to obtain XXXX, unless otherwise provided for in this Attachment S. The MW amount of XXXX requested by a Developer, stated in MW of Installed Capacity (“ICAP”), cannot exceed the MW levels specified in Sections 25.8.1 of this Attachment S. All requests for XXXX must be in tenths of a MW. The ISO will perform the Class Year Deliverability Study and Expedited Deliverability Study in accordance with these rules and with input of Market Participants, to determine the deliverability of the Projects requesting XXXX in each study. The Expedited Deliverability Study will only determine the extent to which the Project is deliverable at the full amount of requested XXXX. The Class Year Deliverability Study will determine deliverability at the full amount of requested XXXX and, if not deliverable, will identify and allocate the cost of the System Deliverability Upgrades needed to make deliverable each Class Year XXXX Project. In order to be eligible to become an Installed Capacity Supplier or receive Unforced Capacity Deliverability Rights or External-to-ROS Deliverability Rights, a Developer must be found fully deliverable at the requested XXXX level in an Expedited Deliverability Study or, in a Class Year Study, either (1) accept its deliverable MW in a Class Year Study or Expedited Deliverability Study; or (2) fund or commit to fund, in accordance with these rules, the System Deliverability Upgrades needed for its Project to be deliverable at the requested level of XXXX.

Participation in Capacity Markets. A Developer, in order to be eligible to become an Installed Capacity Supplier or receive Unforced Capacity Deliverability Rights or External-to-ROS Deliverability Rights, must obtain XXXX pursuant to the procedures set forth in this Attachment S. A Developer must enter a Class Year Deliverability Study or Expedited Deliverability Study in order to obtain XXXX, unless otherwise provided for in this Attachment S. The MW amount of XXXX requested by a Developer, stated in MW MWs of Installed Capacity (“ICAP”), cannot exceed the MW levels specified in Sections 25.8.1 nameplate capacity of this Attachment S. its generation or merchant transmission project; provided however, if the Class Year XXXX Project is a BTM:NG Resource, the requested XXXX cannot exceed its Net-ICAP. All requests for XXXX must be in tenths of a MW. The ISO NYISO will perform the Class Year Deliverability Study and Expedited Deliverability Study in accordance with these rules and with input of Market Participants, to determine the deliverability of each of the Projects requesting Class Year XXXX in each study. The Expedited Deliverability Study will only determine the extent to which the Project is deliverable at the full amount of requested XXXXProjects. The Class Year Deliverability Study will determine deliverability at the full amount of requested XXXX and, if not deliverable, will identify and allocate the cost of the System Deliverability Upgrades needed to make deliverable each Class Year XXXX Project. In order to be eligible to become an Installed Capacity Supplier or receive Unforced Capacity Deliverability Rights or External-to-ROS Deliverability Rights, a Developer must be found fully deliverable at the requested XXXX level in an Expedited Deliverability Study or, in a Class Year Study, either (1) accept its deliverable MW in a Class Year Study or Expedited Deliverability Study; or (2) fund or commit to fund, in accordance with these rules, the System Deliverability Upgrades needed for its Project project to be deliverable at the requested level of XXXX.