At 12:00 p.m. (ET) on Tuesday March 29, 2011, the U.S. Environmental Protection Agency (EPA) released the results of the the 19th annual auction of sulfur dioxide (SO2) emission allowances under the federal program to reduce the precursor to acid rain.
Below you will find the top-line results of the auction.
Please contact Evolution Markets' SO2 allowance brokers at: +1.914.323.0255 or emissionsdesk@evomarkets.com, for more details on the auction or to transact in the market.
|
Allowances Available for Auction
|
||
| ORIGIN OF ALLOWANCES |
SPOT AUCTION (FIRST USABLE IN 2011) |
7 YR ADVANCE AUCTION (FIRST USABLE IN 2018) |
| EPA | 125,000 | 125,000 |
| Privately Offered | 0 | 0 |
| Total | 125,000 | 125,000 |
|
Spot Auction Results (Vintage 2011)
|
|||||||
| ALLOWANCES | NUMBER OF BIDS | NUMBER OF BIDDERS | BID PRICE | ||||
| Bid for: | 550,131 | Successful: | 16 | Successful: | 6 | Highest: | $66.67 |
| Sold: | 125,000 | Unsuccessful: | 14 | Unsuccessful: | 3 | * Clearing: | $2.00 |
| Total: | 30 | Total: | 9 | Lowest: | $0.06 | ||
| Average: | $2.81 | ||||||
|
* the clearing price is the lowest price at which a successful bid was made
|
|||||||
|
7 Year Advance Auction Results (Vintage 2018)
|
|||||||
| ALLOWANCES | NUMBER OF BIDS | NUMBER OF BIDDERS | BID PRICE | ||||
| Bid for: | 375,160 | Successful: | 4 | Successful: | 4 | Highest: | $25.00 |
| Sold: | 125,000 | Unsuccessful: | 2 | Unsuccessful: | 2 | * Clearing: | $0.16 |
| Total: | 6 | Total: | 6 | Lowest: | $0.08 | ||
| Average: | $0.17 | ||||||
| * the clearing price is the lowest price at which a successful bid was made | |||||||