Agreement to Purchase Unforced Capacity in NYISO Installed Capacity AuctionsAgreement to Purchase Unforced Capacity • October 13th, 2005 • New York
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 “Strip” auctions (twice per year) and “Monthly” auctions (12 per year), wherein Offerors may sell and Bidders may purchase Unforced Capacity, as well as "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
