The 41st quarterly carbon auction held by California and Quebec sold all of the nearly 52.6 million carbon permits offered under the current auction at a price of $31.91 per allowance, above the floor price of $24.04, according to the results released on Nov. 27 by the California Air Resources Board. The current auction clearing…...
The Maryland Public Service Commission on Oct. 9 requested the Federal Energy Regulatory Commission to grant a complaint filed by a number of public interest organizations to shield ratepayers from higher electricity prices due to flaws in the PJM Interconnection LLC’s capacity auction design. In their complaint, the organizations assert that PJM’s capacity market rules…...
Recent developments in U.S. carbon markets highlight a changing landscape marked by fluctuating auction prices, new initiatives, and…Read the full report …...
PJM Interconnection LLC’s capacity market auction for the 2025/2026 delivery year cleared at $269.92 per megawatt-day (MW-day), about nine times the clearing price in the last auction. The significantly higher prices resulted from…Read the full report…...
Regulatory developments are shaping the trajectory of carbon markets amid mixed outcomes in recent allowance auctions. California, Quebec, and Washington are considering a shared carbon market highlighting the importance of collaborative efforts to tackle…Read the full report …...