In the latest report released by the Air Resources Board on the amount of offsets issued in the first week of October, the number of credits total to just over 349k which is a low issuance for a start.
The California Carbon Allowance (CCA) prices saw a marginal drop in momentum along the price curve. The week ended on Friday with the annual benchmark contract (V19 Dec19) falling by 0.23 % to settle at $17.16. 19.8 million tons of CCAs were traded in total, with the V20s trading about 1.9 million tons.
See our CCA tracker for a detailed look into CCA price trends:
CaliforniaCarbon.info is pleased to be a media partner for Power & Renewables Summit 2019, which will explore industry views on How Decarbonization Will Reshape The Power Markets Of Tomorrow.
GTM is heading back to Austin October 29-30 to bring together all of the key stakeholders: from utilities to renewable developers; system operators to financiers, policy makers, and of course, large energy buyers. At Power & Renewables Summit we'll discuss and debate how these tectonic shifts will transform electricity. Learn more and register here!
Event Information:
When: October 29-30, 2019
Where: Austin, TX
Venue: AT&T Conference Center
15% discount for network: CACARBON15
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For more information on the methodology used in computing price data, please visit our website.
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