2006 EPA Allowance Auction Results
| Allowances Available for Auction | ||
| Origin of Allowances | Spot Auction (First Usable in 2006) |
7 Year Advance Auction (First Usable in 2013) |
|---|---|---|
| EPA | 125,000 | 125,000 |
| Privately Offered | 0 | 0 |
| Total | 125,000 | 125,000 |
| Spot Auction Results | ||||
| Allowances | Number of Bids | Number of Bidders | Bid Price | |
|---|---|---|---|---|
| Bid For: 367,434 | Successful: 36 | Successful: 14 | Highest: $1700.00 | |
| Sold: 125,000 | Unsuccessful: 42 | Unsuccessful: 8 | Clearing: $860.07 (the clearing price is the lowest price at which a successful bid was made) |
|
| Total: 78 | Total: 22 | Lowest: $650.00 | ||
| Weighted Average of Winning Bids: $883.10 | ||||
| 7 Year Advance Auction Results | ||||
| Allowances | Number of Bids | Number of Bidders | Bid Price | |
|---|---|---|---|---|
| Bid For: 272,436 | Successful: 41 | Successful: 16 | Highest: $635.00 | |
| Sold: 125,000 | Unsuccessful: 17 | Unsuccessful: 4 | Clearing: $241.67 (the clearing price is the lowest price at which a successful bid was made) |
|
| Total: 58 | Total: 20 | Lowest: $51.00 | ||
| Weighted Average of Winning Bids: $275.13 |
||||
| Spot Auction Winners | |||
| Bidder's Name | Quantity | Percentage of Total Allowances |
Amount Paid |
|---|---|---|---|
| Morgan Stanley Capital Group | 70,000 | 56.000 | $62,071,600.00 |
| Edison Mission Marketing & Trading, Inc. | 15,000 | 12.000 | $13,462,500.00 |
| JP Morgan | 10,000 | 8.000 | $8,750,000.00 |
| Alpha | 10,000 | 8.000 | $8,725,000.00 |
| Evolution Markets LLC | 10,000 | 8.000 | $8,656,200.00 |
| Constellation Energy Commodities Group, Inc. | 4,888 | 3.910 | $4,242,622.16 |
| Grey K Environmental | 3,000 | 2.400 | $2,583,690.00 |
| South Carolina Public Service Authority | 1,000 | 0.800 | $875,000.00 |
| ARPA | 600 | 0.480 | $570,900.00 |
| SUEZ Energy Marketing NA, Inc. | 500 | 0.400 | $437,500.00 |
| Acid Rain Retirement Fund | 6 | 0.005 | $5,940.00 |
| Forest Investment Group, LLC | 3 | 0.002 | $2,700.00 |
| Clean Air Conservancy Charitable Trust | 2 | 0.002 | $3,400.00 |
| Maryland Environmental Law Society | 1 | 0.001 | $950.00 |
| TOTALS | 125,000 | 100% | $110,388,002.16 |
| 7 Year Advance Auction Winners | |||
| Bidder's Name | Quantity | Percentage of Total Allowances |
Amount Paid |
| Morgan Stanley Capital Group | 39,114 | 31.291 | $10,042,080.38 |
| Saracen Energy LP | 30,000 | 24.000 | $8,100,000.00 |
| JP Morgan | 30,000 | 24.000 | $8,400,000.00 |
| The Detroit Edison Company | 12,500 | 10.000 | $3,929,875.00 |
| Grey K Environmental | 10,000 | 8.000 | $2,630,000.00 |
| Missouri River Energy Services | 1,880 | 1.504 | $808,650.00 |
| Philomelus Ventures | 1,090 | 0.872 | $346,119.70 |
| ARPA | 400 | 0.320 | $129,000.00 |
| Green Country Energy, LLC | 8 | 0.006 | $2,800.00 |
| Bates College Environmental Economics | 2 | 0.002 | $768.00 |
| Fuchs, Wand, and Kenyon College Economics | 1 | 0.001 | $450.00 |
| University of Iowa Environmental Law Society | 1 | 0.001 | $425.00 |
| Clarkson University - ECO | 1 | 0.001 | $400.00 |
| University Wisconsin Parkside mission e | 1 | 0.001 | $340.00 |
| Creighton University Environmental Law Society | 1 | 0.001 | $310.00 |
| California Western School of Law Environmental Law Society | 1 | 0.001 | $247.10 |
| TOTALS | 125,000 | 100% | $34,391,465.18 |
| Total Auction Proceeds | $144,779,467.34 | ||
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