An official website of the United States government.

This is not the current EPA website. To navigate to the current EPA website, please go to www.epa.gov. This website is historical material reflecting the EPA website as it existed on January 19, 2021. This website is no longer updated and links to external websites and some internal pages may not work. More information »

Clean Air Markets

2012 SO2 Allowance Auction

Allowances Available for Auction
Origin of Allowances Spot Auction
(First Usable in 2012)
7-Year Advance Auction
(First Usable in 2019)
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: 400,415 Successful: 28 Successful: 11 Highest: $10.00
Sold: 125,000 Unsuccessful: 11 Unsuccessful: 2 Clearing: $0.56
(the clearing price is the lowest price at which a successful bid was made)
  Total: 39 Total: 13 Lowest: $0.01
      Weighted Average of Winning Bids: $0.67
7-Year Advance Auction Results
Allowances Number of Bids Number of Bidders Bid Price
Bid For: 378,733 Successful: 5 Successful: 5 Highest: $2.00
Sold: 125,000 Unsuccessful: 5 Unsuccessful: 3 Clearing: $0.12
(the clearing price is the lowest price at which a successful bid was made)
  Total: 10 Total: 8 Lowest: $0.01
      Weighted Average of Winning Bids: $0.13
Spot Auction Winners
Bidder's Name Quantity Percentage of Total Allowances Amount Paid
LUME 75,000 60.000 $52,000.00
Venator C. McFadden 38,617 30.894 $21,625.52
Ohio Valley Electric Corp. 11,000 8.800 $8,700.00
University of Tampa Environmental Protection Coalition 200 0.160 $1,000.00
Quadrivium Partners LLC 100 0.080 $250.00
Bates College Environmental Econ B 45 0.036 $81.49
Enlightened Citizen at UW-Madison 17 0.014 $30.15
Bates College Environmental Econ A 9 0.007 $17.11
Coral Cavanagh 6 0.005 $60.00
Green Country Energy, LLC 5 0.004 $25.00
Bates College Environmental Econ 1 1 0.001 $2.50
TOTALS 125,000 100% $83,791.77
7-Year Advance Auction Winners
Bidder's Name Quantity Percentage of Total Allowances Amount Paid
Venator C. McFadden 121,442 97.154 $14,573.04
Quadrivium Partners LLC 3,000 2.400 $750.00
University of Tampa Environmental Protection Coalition 500 0.400 $1,000.00
Enlightened Citizen at UW-Madison 50 0.040 $10.00
Green Country Energy, LLC 8 0.006 $16.00
TOTALS 125,000 100% $16,349.04

Total Auction Proceeds: $100,140.81

Spot Bids (First Usable in 2012)
Bids Bidder's Name Quantity Total
$10.00 Coral Cavanagh 6 6
$5.00 Enlightened Citizen at UW-Madison 2 8
$5.00 University of Tampa Environmental Protection Coalition 200 208
$5.00 Green Country Energy, LLC 5 213
$3.00 Bates College Environmental Econ B 5 218
$2.50 Bates College Environmental Econ 1 1 219
$2.50 Quadrivium Partners LLC 100 319
$2.10 Bates College Environmental Econ A 1 320
$2.05 Bates College Environmental Econ A 2 322
$2.01 Enlightened Citizen at UW-Madison 5 327
$2.00 Bates College Environmental Econ A 3 330
$2.00 Bates College Environmental Econ B 10 340
$2.00 Bates College Environmental Econ B 10 350
$2.00 Bates College Environmental Econ A 1 351
$1.91 Bates College Environmental Econ B 1 352
$1.90 Bates College Environmental Econ A 1 353
$1.67 Bates College Environmental Econ B 6 359
$1.65 Bates College Environmental Econ B 1 360
$1.59 Bates College Environmental Econ B 1 361
$1.32 Bates College Environmental Econ B 1 362
$1.01 Bates College Environmental Econ A 1 363
$1.01 Enlightened Citizen at UW-Madison 10 373
$1.00 Bates College Environmental Econ B 10 383
$0.90 Ohio Valley Electric Corp. 5,000 5,383
$0.75 LUME 50,000 55,383
$0.70 Ohio Valley Electric Corp. 6,000 61,383
$0.58 LUME 25,000 86,383
$0.56 Venator C. McFadden* 125,000 211,383

Bids below this line were unsuccessful because they were below the clearing price of $0.56.
 
$0.51 Ohio Valley Electric Corp. 7,000 218,383
$0.50 Bates College Environmental Econ 2 218,385
$0.47 LUME 25,000 243,385
$0.41 LUME 25,000 268,385
$0.26 Ohio Valley Electric Corp. 2,000 270,385
$0.10 Element Markets LLC 30,000 300,385
$0.10 Bates College Environmental Econ A 29 300,414
$0.09 Bates College Environmental Econ A 1 300,415
$0.05 Element Markets LLC 40,000 340,415
$0.02 Element Markets LLC 55,000 395,415
$0.01 Ohio Valley Electric Corp. 5,000 400,415

*Awarded a partial fill of 38,617 out of 125,000 allowances bid for.

7-Year Advance Bids (First Usable in 2019)
Bids Bidder's Name Quantity Total
$2.00 Green Country Energy, LLC 8 8
$2.00 University of Tampa Environmental Protection Coalition 500 508
$0.25 Quadrivium Partners LLC 3,000 3,508
$0.20 Enlightened Citizen at UW-Madison 50 3,558
$0.12 Venator C. McFadden* 125,000 128,558

Bids below this line were unsuccessful because they were below the clearing price of $0.12.
 
$0.11 LUME 125,000 253,558
$0.10 Enlightened Citizen at UW-Madison 100 253,658
$0.02 Bates College Environmental Econ 25 253,683
$0.01 Element Markets LLC 125,000 378,683
$0.01 Bates College Environmental Econ 50 378,733

*Awarded a partial fill of 121,442 out of 125,000 allowances bid for.

The 2012 Auction Proceeds Spreadsheet (XLS)(5 pp, 73 K)  provides the same results. Download an Excel viewer. Exit

Return to the directory of annual auctions listed by year »

Top of Page