Capacity Clearing Price definition

Capacity Clearing Price means the resource clearing price in the BRA for an applicable Delivery Year or any successor auction or equivalent market if an auction is no longer utilized.
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Capacity Clearing Price means the market clearing price in the Forward Capacity Auction, or any successor auction or equivalent market if an auction is no longer utilized.
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Capacity Clearing Price refers to the market clearing price in the Forward Capacity Auction, or any successor auction or equivalent market if an auction is no longer utilized.
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Examples of Capacity Clearing Price in a sentence

  • The Capacity Clearing Price from the FCA will be based on published values from ISO-NE in the relevant month.

  • In each subsequent FCA for the remainder of the Term, the Supplier must bid the Confirmed FCM Contract Quantity such that it is not setting the Capacity Clearing Price, except for instances allowed by the DPUC pursuant to Sections 3.2(h) and 3.2(i).

  • If the Facility is not eligible to participate in the FCA as Existing Capacity, it must participate as New Capacity and bid such that it is not setting the Capacity Clearing Price.

  • The “FCA Market Price” will be equal to (i) Transition Period fixed payments expressed $/kW-month prior to the first FCA for the duration of the Transition Period or (ii) the Capacity Clearing Price from the applicable annual FCA (pro- rated for any partial months in the Term) once the Transition Period is complete.

  • The “FCA Market Price” will be equal to (i) Transition Period fixed payments prior to the Commitment Period of the first FCA, expressed in $/kW-month, for the duration of the Transition Period or (ii) the Capacity Clearing Price from the applicable annual FCA (pro-rated for any partial months during the Term) for the Contract Year once the Transition Period is complete.

  • Under Option 1, this “Adjustment Ratio” will be calculated by taking the actual ISO-NE payment (adding back PER adjustments made by ISO-NE) for participation in the FCM for the previous month divided by the expected ISO-NE payment (based on the Capacity Clearing Price in the applicable FCA) for participation in the FCM for the previous month, as illustrated in the formula below.

  • For the FCM component, the Adjustment Ratio will be equal to the actual ISO-NE payment for participation in the FCM for the previous month divided by the expected ISO-NE payment for the Confirmed FCM Contract Quantity (based on the Capacity Clearing Price in the applicable FCA) for participation in the FCM for the previous month (adding back any PER adjustments by ISO-NE).