Brace Yourself, Winter is Coming
Our brains and thermometers may not be saying so, but it’s that time of year to acknowledge that the winter season is upon us and you need to get strategies in place for the NYISO ICAP market.
That said, there is a lot of leg work needed this month to get things in place.
How prepared are you for the following?
The October monthly capacity auction that begins Monday September 9th
The spot auction takes place on September 24th
The Winter Strip auction takes place September 27th
Have a strategy set in advance for participation in the Strip, monthly and/or spot markets, as well as get your collateral in place.
Know your risk tolerance levels and projected margins based on possible weather scenarios now. The more you understand the scenarios, the better prepared you’ll feel.
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