Emissions Watch is our quarterly report that contains ESAI Power’s outlooks and views on the emissions markets. ESAI provides regular updates and analysis on developments in the RGGI, SO2, NOx and CO2 emissions markets and price forecasts for state and regional markets.
The EPA issued a proposed rule in February 2022 that, if finalized, will implement significant programmatic changes, and establish lower emissions limits to the existing Group 3 Ozone Season Cross-State Air Pollution Rule (CSAPR) beginning in the 2023 ozone season. Following the issuance of this proposed rule, Group 3 CSAPR NOx allowance prices have quadrupled from approximately $6,500/ton in February to $28,500/ton (June 6).
Our Q2 issue of Energy WatchTM came out this week. In our Q2 Energy WatchTM report ESAI Power provides an update on the Seasonal NOx regulations under the Cross-State Air Pollution Rule and the expected impact on allowance prices, Northeast power plant emissions, and wholesale power prices. For each ISO, ESAI Power provides an overview of projected net energy revenue expectations for key generation technologies.
ESAI Power LLC
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Wakefield, MA 01880
Phone: +1.781.245.2036
ESAI Power is a market research and consulting firm that delivers focused analysis of the wholesale power markets in the Northeast region of the US: PJM, NYISO, and ISO-NE. Since 2001, ESAI has been providing market-focused research product content and custom consulting services for Northeast power market participants including investors (banks, private equity, & hedge funds) & developers, generation owners & operators, utilities & retail electricity suppliers, regulators & RTOs, traders, and end-users & buyers.