2016 SO2 Allowance Auction
The 2016 SO2 Allowance Auction took place on March 29, 2016. Allowances were auctioned that could first be used in 2016 as well as in 2023. Details are provided via the the links below.
Origin of Allowances | Spot Auction (First Usable in 2016) |
7-Year Advance Auction (First Usable in 2023 ) |
---|---|---|
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: 126,800 | Successful: 3 | Successful: 2 | Highest: $.50 |
Sold: 125,000 | Unsuccessful: 0 | Unsuccessful: 0 | Clearing: $.06 (the clearing price is the lowest price at which a successful bid was made) |
Total: 3 | Total: 2 | Lowest: $.06 | |
Weighted Average of Winning Bids: $.06 |
Allowances | Number of Bids | Number of Bidders | Bid Price |
---|---|---|---|
Bid For: 125,000 | Successful: 1 | Successful: 1 | 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: 1 | Total: 1 | Lowest: $.02 | |
Weighted Average of Winning Bids: $.02 |
Bidder's Name | Quantity | Percentage of Total Allowances | Amount Paid |
---|---|---|---|
DJT | 123,200 | 98.560 | $7,392.00 |
Mt Carmel Cogen | 1,800 | 1.440 | $480.00 |
TOTALS | 125,000 | 100% | $7,872.00 |
Bidder's Name | Quantity | Percentage of Total Allowances | Amount Paid |
---|---|---|---|
DJT | 125,000 | 100% | $2,500.00 |
TOTALS | 125,000 | 100% | $2,500.00 |
Bids | Bidder's Name | Quantity | Total |
---|---|---|---|
$.50 | Mt Carmel Cogen | 600 | 600 |
$.15 | Mt Carmel Cogen | 1,200 | 1,800 |
$.06 | DJT* | 125,000 | 126,800 |
*Awarded a partial fill of 123,200 out of 125,000 allowances bid for.
Bids | Bidder's Name | Quantity | Total |
---|---|---|---|
$.02 | DJT | 125,000 | 125,000 |
Total Auction Proceeds: $10,372.00
The 2016 Auction Results Spreadsheet(5 pp, 28 K, March 2016) provides the same results. Download an Excel viewer. Exit