Access documents related to the Forward Capacity Market (FCM) Redesign project.
This project addressed requirements in Federal Energy Regulatory Commission (FERC) Order ER10-787, issued April 13, 2011. This order specified, among other things, that the ISO:
Related orders also later required changes to the treatment of out-of-market (OOM) capacity. This project has contained all the elements of the associated FERC orders, as well as additional conforming changes to other components of the market rules as a result of the orders.
The FCM Redesign project was just one of several key projects at the ISO, which 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.