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What is a capability period?

capability period
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What is a capability period?

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A Capability Period is a six-month time frame established by the Operating Committee of NYISO to facilitate the TCC and Installed Capacity Markets. It also serves as the standard testing periods for maximum generation output. TCC and ICAP are also bought and sold based on these six month procurement periods. There are two capability periods each year. A Summer Capability Period and a Winter Capability Period which together are called a “Capability Year”.

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