Access documents related to the Forward Capacity Market: Retain Resources for Fuel Security project.
To address near-term operational fuel-security risks presented by retirement bids, the ISO worked with its stakeholders to incorporate a fuel-security reliability review methodology into the Forward Capacity Market and establish a cost allocation associated with a retained fuel-security generator. It is an interim step for addressing winter energy security concerns in the region while the ISO and its stakeholders work towards developing longer-term market based approach in the Energy-Security Improvements Key Project.
The Forward Capacity Market: Retain Resources for Fuel Security Project is just one of several key projects at the ISO. The ISO continuously undertakes a variety of short- and long-term projects to enhance the region’s competitive wholesale electricity markets and ensure reliable operation of the power grid.