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CCA Market Notices are sent by the Department of Ecology to notify market participants and other interested parties about information that may affect Washington’s Cap-and-Invest market.
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The Climate Commitment Act (CCA) requires Ecology to allocate allowances at no cost to qualifying electric utilities to mitigate the cost burden of the Cap-and-Invest Program on Washington consumers of electricity (RCW 70A.65.120(1)). The electric utility allocation method incorporates annual forecasts of each utility’s retail electric load and resource supply to estimate the potential cost burden imparted by the Cap-and-Invest Program.
Ecology may adjust the allocation of allowances per WAC 173-446-230(2). Ecology has posted a notice regarding allowance allocation adjustments associated with the potential cost burden imparted in calendar year 2023.
See the no-cost allowance allocation webpage for a description of allowance allocation to electric utilities, the 2023-2026 allocation schedule, and the supporting data set and calculations.
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