Planning Principles. The minimum duration for a Capacity sale must be at least one month for Capacity- Backed Transactions2 sinking in New York and for the duration of the Obligation Period3 for Capacity-Backed Transactions sinking in Ontario. These minimum durations are in accordance with the NYISO Tariffs and IESO Market Rules.
Appears in 2 contracts
Sources: Memorandum of Understanding, Memorandum of Understanding