![[logo] US EPA](http://www.epa.gov/epafiles/images/logo_epaseal.gif){kind=logo}
1999 EPA Allowance Action Results
| Origin of Allowances | Apot Auction (First Usable in 1999) |
7 Year Advance Auction (First Usable in 2006) |
|---|---|---|
| EPA | 150,000 | 125,000 |
| Privately Offered | 2,510 | 0 |
| Total | 152,510 | 125,000 |
Spot Auction Results
| Allowances | Number of Bids | Number of Bidders | Bid Price |
|---|---|---|---|
| Bid For: 500,567 | Successful: 27 | Successful: 11 | Highest: $230.00 |
| Sold: 150,010 | Unsuccessful: 50 | Unsuccessful: 12 | Clearing: $200.55 |
| Total: 77 | Total: 23 | Lowest: $41.16 | |
| Average (weighted): $207.03 |
7-Year Advance Auction Results
| Allowances | Number of Bids | Number of Bidders | Bid Price |
|---|---|---|---|
| Bid For: 253,055 | Successful: 21 | Successful: 11 | Highest: $220.51 |
| Sold: 125,000 | Unsuccessful: 11 | Unsuccessful: 1 | Clearing: $167.55 |
| Total: 32 | Total: 12 | Lowest: $110.31 | |
| Average (weighted): $179.79 |
Spot Auction Winners
| Bidder's Name | Quantity | Percentage of Total Allowances |
Amount Paid |
|---|---|---|---|
| American Electric Power | 74,424 | 49.61% | $15,100,733.20 |
| Cinergy Services, Inc. | 30,000 | 20.00% | $6,466,050.00 |
| Cantor Fitzgerald EBS | 21,250 | 14.17% | $4,402,812.50 |
| Potomac Electric Power Company | 10,000 | 6.67% | $2,120,100.00 |
| Milton R. Young Station | 7,467 | 4.98% | $1,553,210.67 |
| Wisconsin Electric Power Company | 5,000 | 3.33% | $1,016,980.00 |
| Baltimore Gas and Electric Company | 1,804 | 1.20% | $382,448.00 |
| Sacramento Municipal Utility District | 40 | 0.03% | $8,700.00 |
| Acid Rain Retirement Fund | 13 | 0.01% | $2,990.00 |
| Maryland Environmental Law Society | 11 | 0.01% | $2,436.00 |
| K-Marx Capital | 1 | <0.01% | $225.00 |
| TOTAL | 150,010 | 100% | $31,056,685.37 |
7 Year Advance Auction Winners
| Bidder's Name | Quantity | Percentage of Total Allowances |
Amount Paid |
|---|---|---|---|
| American Electric Power | 121,945 | 97.56% | $21,869,384.75 |
| Cantor Fitzgerald EBS | 3,000 | 2.40% | $592,530.00 |
| The Clean Air Conservancy | 40 | 0.03% | $8,420.40 |
| St. Edmonds Academy, Delaware | 6 | <0.01% | $1,278.00 |
| Birney Elementary | 2 | <0.01% | $441.02 |
| Democramt of Amherst, NH | 2 | <0.01% | $425.02 |
| Summit Academy North | 1 | <0.01% | $220.51 |
| Snape/Bower Clean Air Preserve | 1 | <0.01% | $212.51 |
| Combined Schools Clean Air Preserve | 1 | <0.01% | $210.51 |
| Pepperdine Environmental Law Society | 1 | <0.01% | $200.00 |
| Matthew L. Floyd | 1 | <0.01% | $185.00 |
| TOTAL | 125,000 | 100% | $22,473,507.72 |
TOTAL AUCTION PROCEEDS: $53,530,193.09