Agreement to Purchase or Sell Unforced Capacity in NYISO Installed Capacity AuctionsAgreement to Purchase or Sell Unforced Capacity • April 4th, 2021
WHEREAS, pursuant to the terms of the New York Independent System Operator Market Administration and Control Area Services Tariff (the “ISO Services Tariff”) and the NYISO Installed Capacity Manual (the “ICAP Manual”), the New York Independent System Operator, Inc. (the “NYISO”) will administer (i) six-month Capability Period “Strip” auctions (twice per year) and “Monthly” auctions (12 per year), wherein Offerors may sell and Bidders may purchase Unforced Capacity, and, (ii) "Spot Market" auctions (12 per year), wherein Offerors may sell Unforced Capacity and the NYISO will purchase Unforced Capacity on behalf of Load Serving Entities; and
