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

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  / Dan McGraw /  Americas, Canada, US

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.


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