New England Capacity Auction Prices Rebound from Record Lows

New England Capacity Auction Procures Adequate Resources for 2025-2026

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

New England’s annual capacity auction ended with adequate power system supplies to satisfy peak demand in 2025-2026, with clearing prices ranging from $2.531 to $2.639 per kilowatt month across various pricing zones. The value of the capacity market in 2025-2026 will be about $1.04 billion, according to preliminary estimates in the results released on March…...

RGGI Carbon Auction Generates $294 Million – EnerKnol

RGGI Carbon Auction Clears at Record High Prices, Generates $294 Million

Carbon Market, Climate Change and Emissions, Energy Efficiency, EnerKnol Impact-Misc Categories, EnerKnol Impacts, EnerKnol Pulse, PRODUCTS

The 55th quarterly carbon auction of the Regional Greenhouse Gas Initiative, or RGGI, the nation’s first market-based emissions regulation program, sold all of the nearly 21.8 million CO2 allowances offered at a record high clearing price of $13.50, according to the results released on March 11. Bids ranged from $2.44 to $30.00 per allowance with…...