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.
| 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 |
| 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 | ||||
| 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 | ||||
| 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 |
| 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
| 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.
| 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(1 pg, 29 K) provides the same results. Download an Excel viewer. Exit