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How is a capacity resource presently under construction deemed to be and existing resource for the first Forward Capacity Auction (FCA)?

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How is a capacity resource presently under construction deemed to be and existing resource for the first Forward Capacity Auction (FCA)?

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Any resource that is presently under construction will be treated as an existing resource for the first FCA, if the resource’s commercial operation date is before February 1, 2009, it is required by a contract, or it elects to be treated as an existing capacity. This new capacity resource must notify the ISO via the Show-of-Interest Application during the qualification process, for either the first or second FCA, that it wants to be treated as an existing capacity resource.

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