MISO determines Unforced Capacity (UCAP) values for all qualified Capacity Resources, Load Modifying Resources and Energy Efficiency Resources annually, prior to the Planning Resource Auction for each Planning Year. MISO converts the installed, nameplate capacity of a resource to UCAP to reflect a resource’s distinct operating characteristics and expected availability, including deliverability to load, during the coincident peak period.
For more information, please see BPM 011 – Resource Adequacy