Bidder interest ebbs in final RGGI auction for 2017

Published 15:12 on December 8, 2017  /  Last updated at 20:32 on December 8, 2017  /  Americas, US  /  No Comments

RGGI’s final quarterly auction of 2017 cleared at $3.80/short ton, retreating from the last sale’s 4.5-year high as market participants showed less interest amid a sharp drop in the power-only scheme’s emissions this year and as the end of the current compliance phase nears.

RGGI’s final quarterly auction of 2017 cleared at $3.80/short ton, retreating from the last sale’s 4.5-year high as market participants showed less interest amid a sharp drop in the power-only scheme’s emissions this year and as the end of the current compliance phase nears.

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