PREVIEW: RGGI Q1 auction primed for lower clear as warm winter, speculative disenchantment weigh

Published 23:33 on March 7, 2023  /  Last updated at 22:25 on June 6, 2023  / /  Americas, US

Traders have largely coalesced around the March RGGI auction clearing either below or in line with secondary market pricing, as weak demand from compliance entities following a warmer winter and a lack of speculative enthusiasm threatens to overwhelm potentially bullish drivers on the horizon.
Traders have largely coalesced around the March RGGI auction clearing either below or in line with secondary market pricing, as weak demand from compliance entities following a warmer winter and a lack of speculative enthusiasm threatens to overwhelm potentially bullish drivers on the horizon.


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, log in here.