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Could a new capacity resource go through the FCM qualification and auction process and not receive a Capacity Obligation and the associated revenue?

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Could a new capacity resource go through the FCM qualification and auction process and not receive a Capacity Obligation and the associated revenue?

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If a new capacity resource goes through the FCM qualification and auction process but does not clear in an FCA or a related reconfiguration auction, and does not otherwise have or acquire a capacity obligation thru a Bi-lateral Contract, that resource will not receive any revenue for that Commitment Period and will maintain its new status for the next FCA.

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