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Today, Evolution Markets Inc. conducted an auction of Renewable Energy Certificates on behalf of the Massachusetts Renewable Energy Trust (MRET) which is administered by the Massachusetts Technology Collaborative, a quasi-public economic development agency.
The MTC offered 6,743 Vintage 2008 Massachusetts "New" Renewable Certificates, 940 Vintage Connecticut Class I Renewable Certificates, and 26,000 Vintage 2009 Massachusetts "New" Renewable Certificates. Below, you will find a summary of the auction results.
For more information on the auction or the REC markets, please contact Andrew Kolchins of Evolution Markets at 914-323-0257 or (akolchins@evomarkets.com).
Total Vintage 2008 MA RECs Available for Auction: 6,743
| LOT |
QUARTER PRODUCED |
QUANTITY |
WINNING BID |
| 1 |
Q1 or Q2 2008 |
2,000 |
$32.00 |
| 2 |
Q1 or Q2 2008 |
2,000 |
$30.00 |
| 3 |
Q1 or Q2 2008 |
2,743 |
$30.05 |
Total Number of Bidders: 8
Successful Bids: Highest: $32.00, Average: $30.61
Total Vintage 2008 CT RECs Available for Auction: 940
| LOT |
QUARTER PRODUCED |
QUANTITY |
WINNING BID |
| 1 |
Q2 2008 |
940 |
$24.50 |
Total Number of Bidders: 4
Successful Bids: Highest: $24.50, Average: $24.50
Total Vintage 2009 MA RECs Available for Auction: 26,000
| LOT |
QUARTER PRODUCED |
QUANTITY |
WINNING BID |
| 1 |
2009 |
5,000 |
n/a |
| 2 |
2009 |
5,000 |
n/a |
| 3 |
2009 |
5,000 |
n/a |
| 4 |
2009 |
5,000 |
n/a |
| 5 |
2009 |
2,000 |
n/a |
| 6 |
2009 |
2,000 |
n/a |
| 7 |
2009 |
2,000 |
n/a |
Total Number of Bidders: 4
Successful Bids: [MRET did not accept bids for these lots.]
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