In order to defer reporting Installed Capacity (ICAP) prior to the Planning Resource Auction (PRA), you must provide written notification to MISO (radequacy@misoenergy.org) of your intention to defer ICAP by February 15th prior to the upcoming Planning Year. The ICAP Deferral Notice can be found in BPM-011 and should state that the Planning Resource will demonstrate deliverability, demonstrate commercial operation including filing an Exhibit E with MISO Resource Integration, have Transmission Service in service, and/or perform a real power test to submit its GVTC after March 1st, but before the last Business Day of May, prior to the upcoming Planning Year.
In order to request the ICAP Deferral, you must post 90 days of credit for the untested ZRCs no later than March 1st prior to the upcoming Planning Year. The credit will be based on the 90 days of daily CONE for the LRZ in which the resource is located.
More information on ICAP Deferral can be found in the Resource Adequacy Business Practices Manual (BPM-011)