NA Markets: RGGI allowances climb toward reserve trigger price after Q2 sale

Published 18:12 on June 8, 2020  /  Last updated at 18:12 on June 8, 2020  /  Americas, US  /  No Comments

RGGI allowance (RGA) prices rose Monday after the June auction settled at a discount to the secondary market, with traders seeing near-term fundamentals and the entrance of a Virginia-based utility in the quarterly sale as bullish drivers for the Northeast US power sector ETS.

RGGI allowance (RGA) prices rose Monday after the June auction settled at a discount to the secondary market, with traders seeing near-term fundamentals and the entrance of a Virginia-based utility in the quarterly sale as bullish drivers for the Northeast US power sector ETS.

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