2018 SO2 Allowance Auction
The 2018 SO2 Allowance Auction took place on March 27, 2018. Allowances were auctioned that could first be used in 2018 as well as in 2025. Details are provided via the the links below.
Allowances Available for Auction
| Origin of Allowances | Spot Auction (First Usable in 2018) |
7 Year Advance Auction (First Usable in 2025 ) |
|---|---|---|
| EPA | 125,000 | 125,000 |
| Privately Offered | 0 | 0 |
| Total | 125,000 | 125,000 |
| Allowances | Number of Bids | Number of Bidders | Bid Price | |
|---|---|---|---|---|
| Bid For: 128,000 | Successful: 2 | Successful: 2 | Highest: $.10 | |
| Sold: 125,000 | Unsuccessful: 1 | Unsuccessful: 0 | Clearing: $.06 (the clearing price is the lowest price at which a successful bid was made) |
|
| Total: 3 | Total: 2 | Lowest: $.05 | ||
| Weighted Average of Winning Bids: $.06 | ||||
7 Year Advance Auction Results
| Allowances | Number of Bids | Number of Bidders | Bid Price | |
|---|---|---|---|---|
| Bid For: 130,000 | Successful: 2 | Successful: 2 | Highest: $.02 | |
| Sold: 125,000 | Unsuccessful: 0 | Unsuccessful: 0 | Clearing: $.02 (the clearing price is the lowest price at which a successful bid was made) |
|
| Total: 2 | Total: 2 | Lowest: $.02 | ||
| Weighted Average of Winning Bids: $.02 | ||||
| Spot Auction Winners | |||
|---|---|---|---|
| Bidder's Name | Quantity | Percentage of Total Allowances |
Amount Paid |
| #MSO2GA | 124,000 | 99.200 | $7,440.00 |
| Mt Carmel Cogen Inc | 1,000 | 00.800 | $100.00 |
| TOTALS | 125,000 | 100% | $7,540.00 |
| 7 Year Advance Auction Winners | |||
| Bidder's Name | Quantity | Percentage of Total Allowances |
Amount Paid |
| #MSO2GA | 120,000 | 96.000 | $2,400.00 |
| Mt Carmel Cogen Inc | 5,000 | 04.000 | $100.00 |
| TOTALS | 125,000 | 100% | $2,500.00 |
| Total Auction Proceeds | $10,040.00 | ||
Spot Bids (First Usable in 2018)
| BIDS | BIDDER'S NAME | QUANTITY | TOTAL |
|---|---|---|---|
| $.10 | Mt Carmel Cogen Inc | 1,000 | 1,000 |
| $.06 | #MSO2GA* | 125,000 | 126,000 |
|
Bids below this line were unsuccessful because they were below the clearing price of $.06; |
|||
| $.05 | Mt Carmel Cogen Inc | 2,000 | 128,000 |
*Awarded a partial fill of 124,000 out of 125,000 allowances bid for.
7 Year Advance Bids (First Usable in 2025)
| BIDS | BIDDER'S NAME | QUANTITY | TOTAL |
|---|---|---|---|
| $.02 | Mt Carmel Cogen Inc | 5,000 | 5,000 |
| $.02 | #MSO2GA* | 125,000 | 130,000 |
*Awarded a partial fill of 120,000 out of 125,000 allowances bid for.
The 2018 Auction Results Spreadsheet (xlsx) provides the same results. Download an Excel viewer.