Forward Capacity Market

GPTKB entity

Statements (27)
Predicate Object
gptkbp:instanceOf electricity market mechanism
gptkbp:alsoKnownAs gptkb:FCM
gptkbp:auctionFrequency annual
gptkbp:capacityCommitmentPeriod one year
gptkbp:commitmentLeadTime three years ahead
gptkbp:establishedIn 2006
gptkbp:firstAuctionHeld 2008
gptkbp:governedBy gptkb:ISO_New_England_Tariff
https://www.w3.org/2000/01/rdf-schema#label Forward Capacity Market
gptkbp:market descending clock auction
gptkbp:monetaryIncentive capacity payments
gptkbp:monitors gptkb:Federal_Energy_Regulatory_Commission
gptkbp:operatedBy gptkb:ISO_New_England
gptkbp:participants importers
generators
demand response providers
energy efficiency providers
gptkbp:penalty non-performance
gptkbp:procures capacity resources
gptkbp:purpose ensure future electricity resource adequacy
gptkbp:region gptkb:New_England
gptkbp:regulates resource adequacy
gptkbp:relatedTo gptkb:energy
ancillary services market
gptkbp:website https://www.iso-ne.com/markets-operations/markets/forward-capacity-market/
gptkbp:bfsParent gptkb:ISO_New_England
gptkbp:bfsLayer 7