Jump to main content or area navigation.

Contact Us

Clean Air Markets

2014 SO2 Allowance Auction

The 2014 SO2 Allowance Auction took place on March 25, 2014. Allowances were auctioned that could first be used in 2014 as well as in 2021. Details are provided via the links below.

Allowances Available for Auction
Origin of AllowancesSpot Auction
(First Usable in 2014)
7-Year Advance Auction
(First Usable in 2021 )
EPA125,000125,000
Privately Offered00
Total125,000125,000

Spot Auction Results
AllowancesNumber of BidsNumber of BiddersBid Price
Bid For: 630,621Successful: 18 Successful: 7Highest: $5.00
Sold: 125,000Unsuccessful: 11 Unsuccessful: 2Clearing: $.35
(the clearing price is the lowest price at which a successful bid was made)
 Total: 29Total: 9 Lowest: $.05
   Weighted Average of Winning Bids: $.45

7-Year Advance Auction Results
AllowancesNumber of BidsNumber of BiddersBid Price
Bid For: 462,000Successful: 2 Successful: 2Highest: $.05
Sold: 125,000Unsuccessful: 4 Unsuccessful: 2Clearing: $.04
(the clearing price is the lowest price at which a successful bid was made)
 Total: 6Total: 4 Lowest: $.01
   Weighted Average of Winning Bids: $.04

Spot Auction Winners
Bidder's NameQuantityPercentage of
Total Allowances
Amount Paid
Power Gen60,000 48.000$24,800.00
KS&T, LP44,649 35.719$23,002.15
Element Markets LLC10,000 8.000$4,000.00
Cavalier Emissions LLC10,000 8.000$4,000.00
Rathdrum Power71 0.057$355.00
Warren Wilson College Ecological Economics Class230 0.184$130.00
Bates College Environmental Econ50 0.040$50.00
TOTALS125,000100%$56,337.15

7-Year Advance Auction Winners
Bidder's NameQuantityPercentage of
Total Allowances
Amount Paid
Uno Mas93,000 74.400$3,720.00
Cavalier Emissions LLC32,000 25.600$1,600.00
TOTALS125,000100%$5,320.00

Total Auction Proceeds: $61,657.15

Spot Bids (First Usable in 2014)

Bids Bidder's Name Quantity Total
$5.00Rathdrum Power7171
$1.00Bates College Environmental Econ50121
$1.00Warren Wilson College Ecological Economics Class30151
$.75KS&T, LP2,5002,651
$.70KS&T, LP2,5005,151
$.65KS&T, LP5,00010,151
$.60KS&T, LP5,00015,151
$.55KS&T, LP5,00020,151
$.50Warren Wilson College Ecological Economics Class20020,351
$.50KS&T, LP5,00025,351
$.45KS&T, LP5,00030,351
$.43Power Gen20,00050,351
$.42Power Gen20,00070,351
$.40Element Markets LLC10,00080,351
$.40KS&T, LP10,00090,351
$.40Cavalier Emissions LLC10,000100,351
$.39Power Gen20,000120,351
$.35KS&T, LP*15,000135,351

Bids below this line were unsuccessful because they were below the clearing price of $.35. 

$.30Element Markets LLC25,000160,351
$.30KS&T, LP20,000180,351
$.28Uno Mas125,000305,351
$.26Power Gen32,500337,851
$.25KS&T, LP25,000362,851
$.22Element Markets LLC40,000402,851
$.20Warren Wilson College Ecological Economics Class270403,121
$.19Element Markets LLC50,000453,121
$.19Power Gen32,500485,621
$.10LUME125,000610,621
$.05Cavalier Emissions LLC20,000630,621

*Awarded a partial fill of 4,649 out of 15,000 allowances bid for.

7-Year Advance Bids (First Usable in 2021)

Bids Bidder's Name Quantity Total
$.05Cavalier Emissions LLC32,00032,000
$.04Uno Mas*125,000157,000

Bids below this line were unsuccessful because they were below the clearing price of $.04. 

$.02Power Gen62,500219,500
$.01LUME125,000344,500
$.01Power Gen62,500407,000
$.01Cavalier Emissions LLC55,000462,000

*Awarded a partial fill of 93,000 out of 125,000 allowances bid for.

An Excel spreadsheet (Excel, 28 K) provides the same results. Download an Excel viewer exit EPA

« Return to the directory of annual auctions listed by year

Top of Page

Jump to main content.