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

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  / Dan McGraw /  Americas, Canada, US

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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