Could a new capacity resource go through the FCM qualification and auction process and not receive a Capacity Obligation and the associated revenue?
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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- What happens if a new capacity resource never participates in the FCM Qualification Process? Can it ever receive revenue for its capacity upon its commercial operation?
- 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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