e-POWER - Tuesday, 9th July 2019
e-ROC - Wednesday, 31st July 2019
e-REGO - Tuesday, 10th September 2019
e-REGO Auction update
6 June 2019
We are pleased to confirm that we successfully held our first ever e-REGO auction on 23rd May. A total of 22 Sellers entered REGOs for sale and 29 parties registered to buy, with 11 eventually being awarded certificates.
A number of pricing trends were apparent in the auction. Certain technologies attracted a premium, selling nearly 40% higher than the auction average. Based on market information we had expected biomass to receive slightly lower prices and this was reflected in the auction results, with biomass selling c.20% lower than the average price. A small number of REGOs relating to April 2019 (CP18) were included in the auction and prices were, on average, double those for CP17.
Our next e-REGO auction will be on Tuesday, 10th September 2019. Click HERE for more information.