As indicated in the Auction Notice, the participating states will offer for sale 45,595,968 CO2 allowances for the current control period (2009-2011) and 2,137,992 CO2 allowances for the future control period (2012-2014). States will continue to use a reserve price of $1.86 for all allowances in the September auction.
Prospective bidders can apply to participate in the auction by downloading and submitting the auction documents from the RGGI website at: http://www.rggi.org/co2-auctions/information. All prospective bidders must successfully complete the qualification process and submit an Intent to Bid to participate in the auction.
Prospective bidders are also encouraged to participate in a free webinar hosted from 2-3 PM ET on Thursday, July 15, 2010. The webinar, which is open to all, will review the RGGI auction format and qualification process. Instructions to participate in the webinar are available below.
The September 8th auction will be the ninth held since the debut of the RGGI auctions on September 25, 2008. To date, the participating states have auctioned more than 250 million CO2 allowances. Aggregate information about previous auction results, including prices, bids and participation is contained in market monitor reports issued by the independent market monitor following each RGGI auction and available at: http://www.rggi.org/co2-auctions/market_monitor.
