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        What We Do

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        Facilitating competitive markets and reliable wholesale electricity delivery in New England

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      • Markets and Operations
      • Markets Data and Information
      • Forward Capacity Market
      • FCM Participation Guide

      Monitoring Critical Path Schedule (CPS)

      IN THIS SECTION

      • Critical Path Schedule (CPS) Monitoring
      • Achieving FCM Commercial Operation
      • Termination of FCM Resources
      • Applying for a CSO Deferral
      • Back to Table of Contents

      Post Auction Processes for New ResourcesA new resource is required to monitor a critical path schedule (CPS) under either of the following conditions:

      • It obtains a capacity supply obligation (CSO) in a Forward Capacity Auction (FCA).
      • It does not clear in an FCA but made the voluntary pre-FCA CPS monitoring election.

      CPS monitoring requires that participants regularly submit CPS reports. Failing to do so may result in the project being terminated as an FCM resource (see Market Rule 1 Section III.13.3.3, Failure to Meet Critical Path Schedule).

      About CPS Reports

      A project sponsor must provide a CPS report for each resource required to comply with CPS monitoring. CPS reports are updated versions of the initial CPS submitted during the qualification process. With the exception of resources eligible to submit a simple CPS report, project sponsors must provide CPS reports that include the following information:

      • Proposed changes to any milestones or milestone dates and provide an explanation for these changes
      • Proposed changes to the project design and the potential impact(s) these changes could have on the amount of capacity the resource will be able to deliver
      • Supporting documentation demonstrating when each milestone has been or will be achieved
      • Documentation detailing the construction of the project and demonstrating that the schedule is being met
          • Documentation could include contractors’ Gantt charts, the testing schedule during commissioning, or aerial site images to allow the 快活app官网 to better assess the progress made on site.
      • Any additional documentation that further describes the status of the project or any of the project milestones that might be relevant to the 快活app官网’s evaluation of the project being built

      Monitored Milestones

      All New Resources: Full CPS

      All new resources, except certain demand capacity resources (see below), are required to report on the following major milestones:

      • Major permits, including expected application and approval dates
      • Project financing
      • Major equipment, including order, delivery, and testing dates
      • Substantial site construction
      • Commercial operation
      • Commissioning
      • Transmission upgrades

      Demand Capacity Resources Eligible for a Simple CPS

      A simple CPS may be submitted by demand capacity resource projects installed at either:

      • Multiple facilities, with each facility having a demand-reduction value less than 5 (MW)
      • A single facility with a demand-reduction value of less than 5 MW

      A simple CPS requires that participants provide the project’s expected commercial operation date and the megawatt amount to be achieved by each of the two target dates determined by the 快活app官网 tariff. (See Market Rule 1, Section III.13.3.2.2, Documentation of Milestones Achieved.) The target dates are used in the monitoring process to ensure that the project is on track.

      A simple CPS consists of three milestones:

      • Target dates 1 and 2 occur five weeks before each of the two subsequent FCAs after the FCA in which the project received its initial CSO.
      • Target date 3 is the date on which the project expects to demonstrate its full demand reduction value.

      A full CPS is required for demand capacity resources with a single facility delivering 5 MW or more of demand-reduction capability.

      Deadlines for CPS Reports

      CPS reports must be submitted within the first five business days after the end of each calendar quarter or month. Monthly reporting is only required for resources that have revised milestones requiring more frequent monitoring by the 快活app官网.

      If a CPS report is not submitted within these windows, the 快活app官网 will notify the lead market participant and allow for five additional business days. If the report still is not submitted, the project may be terminated as an FCM resource. (see Market Rule 1 Section III.13.3.3, Failure to Meet Critical Path Schedule.)

      Completing CPS Monitoring

      Once the project fully achieves FCM commercial operation, no additional CPS reporting is required.

      Withdrawing from CPS Monitoring

      A project sponsor may withdraw its resource, in full or in part, from CPS monitoring at any time after the FCA by submitting an Ask 快活app官网 case. The CSO of any resource withdrawn from CPS monitoring is subject to termination (see Market Rule 1, Section III.13.3.6, Withdrawal from Critical Path Schedule Monitoring.)

      If any portion of the project then decides to participate in the FCM in the future, the project sponsor must submit a new show of interest form and go through the full qualification process again.

      More Information

      • Current rules on CPS monitoring can be found in Market Rule 1, Section III.13.3, Critical Path Schedule Monitoring.

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