ERCOT Discloses Settlement Timeline, Invoice Payouts During Second Board Meeting After Winter Disaster

ERCOT Discloses Settlement Timeline, Invoice Payouts During Second Board Meeting After Winter Disaster

Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS, Retail Power and Gas

The Electric Reliability Council of Texas Inc. on March 12 held an urgent Board of Directors meeting in which invoice payouts for market participants and settlements across Feb. 19 – March 8 were divulged. From Feb. 13 – 19, the state of Texas was plagued with near-unprecedented grid infrastructure failures due to extreme winter weather…....

RGGI Reduces Carbon Cap to Account for Banked Allowances

RGGI Reduces Carbon Cap to Account for Banked Allowances

Carbon Market, Climate Change and Emissions, EnerKnol Impact-Misc Categories, EnerKnol Pulse, PRODUCTS, REC Feed

The member states of the Regional Greenhouse Gas Initiative, or RGGI, on March 15 announced the third adjustment for banked allowances held by market participants for the five-year period from 2021-2025. The adjustment is a reduction in the number of carbon allowances that is being sold over the period. The amount of the reduction is…...