NA Markets: Hot weather pushes electricity generators to hedge California cap-and-trade exposure

Published 18:42 on June 14, 2021  /  Last updated at 23:20 on June 14, 2021  /  Americas, Canada, US  /  No Comments

A California heat wave forecast throughout this week is spurring higher WCI carbon allowance prices, with some anticipating increased CO2-emitting generation to occur amid an uptick in electricity demand.

A California heat wave forecast throughout this week is spurring higher WCI carbon allowance prices, with some anticipating increased CO2-emitting generation to occur amid an uptick in electricity demand.

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