This page contains auction and secondary market reports by Potomac Economics, RGGI, Inc.'s independent market monitor.

Potomac Economics provides independent expert monitoring of the competitive performance and efficiency of the RGGI Allowance Market. This includes:

• Evaluating the conduct of market participants in the RGGI auctions and secondary markets to identify potential anti-competitive conduct or significant barriers to market participation, including but not limited to the potential for market manipulation, collusion, and the exercise of market power;
• Evaluating auction clearing prices, the quantity and value of allowances in the secondary market and the marginal cost of emission reductions in the long-term to determine whether the auction market is performing efficiently;
• Assessing whether the auctions are administered in accordance with the noticed auction rules and procedures.

Potomac Economics monitors the RGGI Allowance market in order to protect and foster competition, as well as to increase the confidence of participants and the public in the allowance market and the RGGI auctions.