ANALYSIS: PG&E auction absences seen as bullish factor for WCI prices

Published 13:20 on June 3, 2019  /  Last updated at 23:58 on June 3, 2019  /  Americas, Canada, US  /  No Comments

Pacific Gas & Electric’s (PG&E) decision to skip its second consecutive WCI auction is being viewed as a potential bullish signal for California Carbon Allowance (CCA) prices as participants believe the embattled utility may be a heavier buyer in the future.

Pacific Gas & Electric’s (PG&E) decision to skip its second consecutive WCI auction is being viewed as a potential bullish signal for California Carbon Allowance (CCA) prices as participants believe the embattled utility may be a heavier buyer in the future.

A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.

Comment