Market Simulation Group
Contacto
Background
CARB entered into an agreement with the University of California Energy Institute to establish a market simulation group (MSG) as directed by resolutions 11-32 and 10-42. The agreement ran through March 2014.
MSG began its work with a public meeting with stakeholders at the University of California at Berkeley campus on June 7, 2012. MSG provided an overview on the potential sources of disruption in the California Cap-and-Trade market and worked to identify market rules or situations that might lead to market disruptions that could be investigated through simulation analysis. MSG invited stakeholders to identify specific concerns with the market rules or potential market scenarios that stakeholders thought created risks of market disruption. As the MSG progressed with its work, it updated stakeholders at the public meetings of the Emissions Market Advisory Committee (EMAC) on September 24, 2012 and November 14, 2013. In addition to the MSG presentations, stakeholders were given the opportunity to comment on the MSG’s work. The MSG updates are available on the EMAC webpage.
Based on its analysis and engagement with stakeholders, MSG prepared a final recommendations report, entitled “Report of the Market Simulation Group on Competitive Supply/Demand Balance in the California Allowance Market and the Potential for Market Manipulation.” The MSG final report, presentations, agenda, and other materials, along with analyses supplied by stakeholders, are accessible below.
Archived Meetings
Date | Materials |
---|---|
June 7, 2012 | Stakeholder Submissions Meeting Presentations |