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Clean Air Markets

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.

Allowances Available for Auction
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
Spot Auction Results
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
7 Year Advance Auction Results
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
Spot Auction Winners
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
7-Year Advance Auction Winners
Bidder's Name Quantity Percentage of Total Allowances Amount Paid
DJT 125,000 100% $2,500.00
TOTALS 125,000 100% $2,500.00
Spot Bids (First Usable in 2016)
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.

7-Year Advance Bids (First Usable in 2023)
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

Return to the directory of annual auctions listed by year »

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