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How does an existing capacity resource qualify for the Forward Capacity Auction (FCA)?

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How does an existing capacity resource qualify for the Forward Capacity Auction (FCA)?

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Any listed existing capacity resource that does not request to change the qualification form sent to it, on April 2, 2007 for the first FCA, by the ISO will automatically be entered into the FCA consistent with the characteristics defined on the qualification form. An existing capacity resource must submit any export, permanent delist, or delist bids above 0.8x CONE during the qualification process. The existing resource qualification deadline for the first FCA is April 30, 2007.

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