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Carbon News Round-Up, 27-Mar-20
  
 

Newsletter
Daily price movements
InterContinental Exchange CCA:
Current Vintage: ICE CCA: Front $14.81 (0.79); V2020 Dec20 $15.48 (0.78)
Other Vintages:  V21 Dec21 $16.26 (0.77)V22 Dec20 $15.43 (0.78); V23 Dec20 $15.42 (0.78)
*Price change from 03/25/2020- 03/26/2020 (*All prices in USD)


Nodal Exchange CCA:
Current Vintage: Front  $14.82 (0.89) V20 Dec20 $15.52 (0.92)  
Other Vintages:  V21 Dec21 $16.33 (0.91) ; V22 Dec22 $17.21 (0.95)
*Price change from 03/25/2020- 03/26/2020 (*All prices in USD)
InterContinental Exchange LCFS:
ICE LCFS: Front $198.12 (0.88);
Jun 20
$193.10
(0.10), Sep 20 $188 (0.0),
Dec 20
$193.05 (2.05), Dec 21 $184.60 (1.20),
Dec 22
$179.40 (0.0)
*Price change from 03/25/2020- 03/26/2020 (*All prices in USD)


Nodal Exchange LCFS:
Nodal LCFS: Front $195 (2.0);
Jun 20
$194.25
(2.00), Sep 20 $193.50 (2.00),
Dec 20
$193 (2.00), Dec 21 $189 (2.00),
Dec 22
$185 (2.00)
*Price change from 03/25/2020- 03/26/2020 (*All prices in USD)

 
Daily headlines from carbon markets around the world
LCFS Market News
WCI Carbon Market News
 
Energy & Power
  • Bill Gates-led fund invests in new hydropower turbine startup (Energy Voice) Natel Energy, a California-based hydro power startup, has developed a new turbine that updates that technology, and now the company is raising $11 million in a funding round led by Schneider Electric Ventures and Breakthrough Energy Ventures, a fund helmed by Bill Gates.
China
  • Covid-19 outbreak to impact electric vehicle production (Power Technology) The novel coronavirus (Covid-19) crisis has caused a slowdown of China’s economic growth, and with China being a global manufacturing powerhouse, is having a negative impact on the global economic growth as well. The majority of the production facilities remain closed or are not able to attain full production capacity due to shortage of staff and raw materials. These actions have adversely impacted stock markets worldwide. Corresponding to the spread of this coronavirus outbreak, uncertainties are on the rise.
Other Markets
  • World’s Wind Power Capacity Increases Nearly 20% in Record Growth (Eco Watch) The growing demand for renewable energy led to record setting growth in wind power capacity as technology has made harnessing wind power increasingly efficient and more wind farms have been completed and have joined the electrical grid, according to The Telegraph. The Global Wind Energy Council reported that in 2019 wind power capacity grew by 60.4 gigawatts, which was 19 percent more than 2018.
 
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