The NYISO Winter Strip Capacity Auction allows LSEs to procure Unforced Capacity2 (UCAP) for six-month terms at a single price/kW-Month. The Winter Capability Period funs from November to April. These auctions are held no later than 30 days prior to the start of the Winter Capability period. Exact auction dates can be identified on the NYISO ICAP Event Calendar. Source: https://www.nyiso.com/documents/20142/3036383/ICAP-Auctions.pdf/7dda1755-279a-f463-cd85-c39599ee066f

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NYISO Capacity Price Forecast Winter 2024-25 | Capacity Watch Blog

The NYISO Winter Strip Auction window opened today, starting a series of critical events in the NYISO Winter Capability Period for 2024/25. The New York Independent System Operator (NYISO) manages the state of New York’s energy needs, ensuring a reliable power supply during the colder months. This blog post will delve into some details of the NYISO Installed Capacity Market for the Winter 2024/25 season, shedding light on auction schedules, clearing price volatility, and notable changes compared to the previous winter.