PREVIEW: Traders unsure whether Q4 RGGI auction will unleash excess volume

Published 17:35 on November 30, 2021  /  Last updated at 17:35 on November 30, 2021  /  Americas, US  /  No Comments

The quarterly RGGI auction on Wednesday is set to clear at a new peak after allowance prices soared this fall, though a retracement following a surprising WCI sale result last week has left traders with mixed thoughts on whether bids will be high enough to trigger the programme’s Cost Containment Reserve.

The quarterly RGGI auction on Wednesday is set to clear at a new peak after allowance prices soared this fall, though a retracement following a surprising WCI sale result last week has left traders with mixed thoughts on whether bids will be high enough to trigger the programme’s Cost Containment Reserve.

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