What was once one of the most constrained and momentum-driven capacity markets in the U.S. is now seeing premiums erode…
Dear Clients, Beginning this quarter, we will no longer track CRS-listed Texas Wind or Texas Solar+CP REC pricing separately. This…
Tens of billions of dollars of new power projects are at risk from sweeping potential changes to the…
MISO’s upcoming capacity auction, scheduled to open March 26th, will be the first to incorporate the reliability-based demand curve (RBDC)…
See below: high-level overview of REC and Renewable Fuels markets as of April 2, 2025. Karbone Research Recent Deliverables and Updates Karbone…
CAISO Resource Adequacy: Spring 2025 RA prices are trending downward, reflecting broader deflationary pressure impacting the market. This deflation event has flattened…
Forward prices for power, capacity and environmental attributes are poised for meaningful dislocation as a carefully structured new presidential executive…
The Karbone research team has held 25 calls and meetings with energy transition stakeholders and Trump transition team members since…
As the market responds to evolving underlying fundamentals, the decline of prompt RA is a notable diversion from historic trading…
See below: high-level overview of REC and Renewable Fuels markets as October 10, 2024. Karbone Research Recent Deliverables and Updates…
At RE Plus 2024, a Growing Focus on the “Plus” Demand-side Assumptions Driving Financing and Investment Strategies As interconnection…
Looming IRA Changes Could Whipsaw REC Markets Key implications When it comes to energy and environmental commodity pricing over the...
Q2 2024 Market Update See below: high-level overview of REC and Renewable Fuels markets as of June 26, 2024. Karbone...
Shedding Some Light on Solar: Maryland’s “Brighter Tomorrow Act” A New SREC Multiplier and Extended Bank Period Provide Some Promise...
MISO Pre-Auction Review & Bilateral Trading MISO’s 24/25 auction is well underway! As we await results from MISO, Karbone examines...
Q1 2024 CA LCFS Round-Up The Market Awaits CARB Updates as Feedstock Dynamics and Oversupply Continue to put Downward Pressure...
Q1 2024 Market Update See below: high-level overview of REC and Renewable Fuels markets as of March 28, 2024. Karbone...
PJM Capacity Market Update PJM’s capacity market continues to be eventful. Karbone examines the results of the 3IA, market restructuring...
RA Market Update As reliability takes center-stage, CAISO’s resource adequacy market is continuously evolving in preparation for shifting market dynamics....
2023: A Year in Review Please find below an overview of 2023’s major market trends in REC, Carbon, Capacity, and...
MISO Capacity Update / Deep Dive As reliability takes center-stage, MISO's capacity market is gearing up for changes on multiple...
PJM Capacity Market Reform Deep Dive PJM capacity market reforms are on the horizon, set to be implemented before the...
October Market Update Please find below a high-level overview of where REC and Renewable Fuels markets stand as of October...
September Market Update Please find below a high-level overview of where REC and Renewable Fuels markets stand as of September...
CA Book & Claim RECs – EV Getting Zapped Peak pricing shocks the Book & Claim REC market California Book...
Canada’s Clean Fuel Regulation Launch Will the CFR measure up to existing LCFS programs? This report is a continuation of...
A high-level overview of where REC, Power, and Carbon markets stand as of July 18th, 2023.
A high-level overview of where REC, Power, and Carbon markets stand as of June 8th, 2023.
Karbone’s Research group evaluates PJM Tier I/Tier II REC pricing amid persistent undersupply and PJM queue uncertainties.
Karbone’s Power & Capacity Brokerage team examines the MISO BRA Market amidst its first seasonal capacity auction & impacts on…
Karbone’s Research & Renewable Fuels Brokerage groups examine new Canadian CFS Program to launch this summer.
Karbone’s Power & Capacity Brokerage team examines the Resource Adequacy Market framework as of May 1st, 2023.
A high-level overview of where REC, power and carbon markets stand as of April 26th, 2023.
Karbone’s Research and Brokerage teams examine the latest on proposed Texas legislation to repeal its RPS Program, leaving the Voluntary…
Karbone’s Power & Capacity Brokerage team examines the PJM Capacity Market as of April 6th, 2023.
A high-level overview of where REC, power and carbon markets stand as of March 23rd, 2023.
Karbone’s Power & Capacity Brokerage team reviews the PJM Auction and Capacity Market as of March 2nd, 2023.
A high-level overview of where REC, power and carbon markets stand as of February 16th, 2023.
Karbone Research examines California Air Resources Board (CARB) Q3 ‘2022 LCFS Data Update.
Karbone’s Power & Capacity Brokerage team monitors Resource Adequacy pricing trends as the market evolves.
A high-level overview of where REC, power and carbon markets stand as of November 15th, 2023.
A high-level overview of where REC, power and carbon markets stand as of September 13th, 2023.
Karbone’s Power & Capacity Brokerage team monitors Resource Adequacy pricing trends as the market evolves.
Leading corporate players lead to increased trading volumes for National CRS-Listed RECs.