2017 SO2 Allowance Auction

The 2017 SO₂ Allowance Auction took place on March 28, 2017. Allowances were auctioned that could first be used in 2017 as well as in 2024. Details are provided via the the links below.

Allowances Available for Auction
Origin of Allowances	Spot Auction (First Usable in 2017)	7 Year Advance Auction (First Usable in 2024 )
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: 265,100	Successful: 10	Successful: 3	Highest: $.75
Sold: 125,000	Unsuccessful: 3	Unsuccessful: 1	Clearing: $.04 (the clearing price is the lowest price at which a successful bid was made)
	Total: 13	Total: 4	Lowest: $.01
			Weighted Average of Winning Bids: $.06

7 Year Advance Auction Results
Allowances	Number of Bids	Number of Bidders	Bid Price
Bid For: 250,100	Successful: 4	Successful: 2	Highest: $.25
Sold: 125,000	Unsuccessful: 1	Unsuccessful: 1	Clearing: $.01 (the clearing price is the lowest price at which a successful bid was made)
	Total: 5	Total: 3	Lowest: $.01
			Weighted Average of Winning Bids: $.01

Spot Auction Winners
Bidder's Name	Quantity	Percentage of Total Allowances	Amount Paid
KST	121,900	97.520	$7,626.00
Emission Advisors, Inc.	3,000	02.400	$190.00
Green Country Energy LLC	100	00.080	$75.00
TOTALS	125,000	100%	$7,891.00

7 Year Advance Auction Winners
Bidder's Name	Quantity	Percentage of Total Allowances	Amount Paid
KST	124,900	99.920	$1,849.00
Green Country Energy LLC	100	00.080	$25.00
TOTALS	125,000	100%	$1,874.00

Total Auction Proceeds: $9,765.00

Spot Bids (First Usable in 2017)
BIDS	BIDDER'S NAME	QUANTITY	TOTAL
$.75	Green Country Energy LLC	100	100
$.15	KST	2,500	2,600
$.13	KST	5,000	7,600
$.11	KST	7,500	15,100
$.09	KST	10,000	25,100
$.07	KST	25,000	50,100
$.07	Emission Advisors, Inc.	1,000	51,100
$.06	Emission Advisors, Inc.	2,000	53,100
$.05	KST	25,000	78,100
$.04	KST*	50,000	128,100
Bids below this line were unsuccessful because they were below the clearing price of $.04
$.02	Emission Advisors, Inc.	2,000	130,100
$.02	Future Tax Credits	125,000	255,100
$.01	Emission Advisors, Inc.	10,000	265,100

*Awarded a partial fill of 46,900 out of 50,000 allowances bid for.

7 Year Advance Bids (First Usable in 2024)
BIDS	BIDDER'S NAME	QUANTITY	TOTAL
$.25	Green Country Energy LLC	100	100
$.03	KST	10,000	10,100
$.02	KST	40,000	50,100
$.01	KST*	75,000	125,100
Bids below this line were unsuccessful. EPA rules state that in the event two identical bids are submitted that would exhaust all remaining allowances, the auction Administrator shall allocate all allowances to one of the bidders by lottery.
$.01	Future Tax Credits	125,000	250,100

*Awarded a partial fill of 74,900 out of 75,000 allowances bid for.

The 2017 Auction Results Spreadsheet (xlsx) (28.33 KB) provides the same results. Download an Excel viewer.

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2017 SO2 Allowance Auction

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