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      • Markets and Operations
      • Settlements and Billing
      • Understanding the Bill
      • Billable Line-Item Descriptions

      Forward Capacity Market (FCM) Daily Charge

      IN THIS SECTION

      • Understanding the Bill
      • Billable Line-Item Descriptions
      • MIS Report Descriptions, Templates, and Samples
      • Sample Invoice and Remittance Advice

      What is the Forward Capacity Market Daily Charge?

      The Forward Capacity Market (FCM) daily charge is the allocation of the total Forward Capacity Market daily credit and reflects the following:

      • Capacity load obligation (CLO) daily charges based on CLO megawatts and each of the following rates:
          • Forward capacity auction (FCA) CLO daily charge rate
          • Annual reconfiguration auction (ARA) CLO daily charge rate
          • Monthly reconfiguration auction (MRA) CLO daily charge rate
          • Hydro-Québec interconnection capability credits (HQICC) CLO daily charge rate
          • Self-supply CLO daily charge adjustment rate
          • Intermittent power resource (IPR) seasonal variance CLO daily charge adjustment rate
          • Multiyear-rate existing obligation (MRECO) CLO daily charge adjustment rate
          • Specifically-allocated capacity transfer rights (CTR) pool planned units (PPU) CLO daily charge rate
          • Specifically-allocated CTR transmission upgrade (TU) CLO daily charge rate
      • Specifically allocated CTR daily credits based on the specifically allocated CTR megawatts and the capacity zone CTR payment rate

      What document contains details about the FCM daily charge?

      Primary provisions for the Forward Capacity Market charges are included in, but not limited to, Market Rule 1, Section III.13.7.5.

      Who can expect to incur an FCM daily charge?

      Market participants with a capacity load obligation

      A market participant with a capacity load obligation for the obligation month is subject to a charge based on its capacity load obligation in the capacity zone and the applicable daily charge rates. The FCM charge line item can be a credit due to the combination of reconfiguration, substitution, bilateral activity and HQICC.

      Related standard settlements

      N/A

      Related billing adjustments

      N/A

      Bill detail

      The hourly services bill detail contains a single line item for the charge entitled "FCM Daily Charge".

      Reports

      Daily Financial Position Report

      BL_DAILYPOSITION Daily financial position including all market service settlements and miscellaneous billing adjustments generated on a daily basis; and, issued to all active customers registered as a Participant or Non-participant

      FCM Month-Ahead Detail Reports

      The following month-ahead reports will assist in calculating the FCM daily charge

      SD_FCMCLODTL Details of Zonal Capacity Obligation and Capacity Load, issued at the beginning of the settlement obligation month

      SD_FCMCHARGES Details of FCM monthly charges, issued at the beginning of the settlement obligation month

      FCM Daily Charge Detail Report

      SD_FCMDLYCHRGSTLDTL Details of Forward Capacity Market charges, issued daily during the settlement obligation month

      SR_FCMDLYSTLSUM Summary of Forward Capacity Market credits and charges, issued daily during the settlement obligation month

      Related Calculation Summary

      FCM Daily Credits and Charges Calculation Summary

      FCM Month-Ahead Credits and Charges Calculation Summary

      FERC EQR

      N/A

      FCM Cost-Allocation Forecasts

      FCM Forecasted Cost Allocation. These forecasts are designed to assist customers in estimating the cost allocation and effective charge rate in the Forward Capacity Market. These rates are estimates only and will not equal the actual rates the 快活app官网 will use to settle the market. The forecasts can be found by clicking the link, navigating to the Document Type filter, and clicking the box for FCM Cost Allocation.

      Applications

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