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Enron Mail |
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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: ADesell@nyiso.com <IMCEANOTES-ADesell+40nyiso+2Ecom@ENRON.com< X-To: market_relations@nyiso.com X-cc: X-bcc: X-Folder: \BROGERS (Non-Privileged)\Rogers, Benjamin\Inbox X-Origin: ROGERS-B X-FileName: BROGERS (Non-Privileged).pst ADesell@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List: As directed by FERC in its September 4, 2001 Order in docket ER01-2536-000, the NYISO has completed the calculation of the revenue neutral translation into Unforced Capacity terms of the In-City $105 cap applicable to Generators subject to market power mitigation measures. In the September 4, 2001 Order, the Commission decided that the "translated in-city price cap is to be fixed at an amount determined on the day of the first in-city capacity auction under UCAP methodology" using data from the most recent 12-month period. On the basis of Operating Data received by the NYISO, the Capacity-weighted EFORd for all Generators subject to market power mitigation measures for the 2001-2002 Winter Capability Period Auction is 7.04%. Thus, the In-City cap under the UCAP market design, including the Capability Period Auction scheduled for October 1, 2001, is $112.95.
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