Winter Storm Elliott brought a prolonged period of sub-freezing temperatures to New England; NEISO experienced reduced imports, some generator outages, and ~9 GW of uncommitted, available gas-fired capacity that resulted in a capacity shortfall and EEA Level 1 on December 24th. Read more about NEISO market dynamics, including:

• NEISO experienced real-time scarcity pricing while ~9 GW operable generation was offline due to failure to clear the day-ahead market
• Production from CCGTs with dual-fuel capability diverged dramatically from most CCGTs without dual-fuel capability
• How data from Yes Energy and Live Power provides insight into pricing dynamics in NEISO