Each resource will be paid individually.
FCM Payments, Performance & Charges Frequently Asked Questions
For Composite Offers the PER adjustment will apply to the resource fulfilling the supply obligation in that month.
A monthly PER adjustment will be calculated for each Capacity Zone that experiences price separation in the FCA. If there is no price separation, the real-time Hub LMP will be used for the region. The PER adjustment will only be calculated and applied when the zonal real-time LMP exceeds the strike price of the proxy unit.
The energy market provides the primary incentive for generators to produce as much energy (and capacity) as possible. Reductions in capacity payments from underperformance during shortage events will be distributed to listed resources providing energy during the shortage event based on their output during the hour.
