If a new capacity resource comes on line during the period February 1, 2007 thru February 1, 2009, how will its Qualified Capacity MW value be determined?
Prior to the date of the first FCA, which is assumed to be February 1, 2008, the New capacity resource must notify the ISO using a Show of Interest Application during the Qualification process, for either the first or second FCA in which it wants to be treated as Existing capacity. The New resource must participate in the Qualification process the same as any other new resource. The ISO will evaluate it in a manner similar to a New capacity resource.