RGGI auction clears near market at $4.54 as bidding wanes

Published 15:12 on September 9, 2016  /  Last updated at 20:39 on October 24, 2016  /  Americas, US  /  No Comments

RGGI states sold all 14.9 million spot allowances offered in this week’s quarterly auction for $4.54 each, the market’s operator announced Friday, as speculators returned to the market but overall bidding interest declined.

RGGI states sold all 14.9 million spot allowances offered in this week’s quarterly auction for $4.54 each, the market’s operator announced Friday, as speculators returned to the market but overall bidding interest declined.

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