Auction Notice
Effective Dec 28, 2018Mass. Register #1381MGL c. 21A, § 22 MGL c. 25A, § 6Massachusetts Department of Energy Resources
- (1) Notice of each auction shall be published no later than 45 calendar days prior to such auction on the CO Allowance Auction Website, and may be transmitted electronically to parties 2 requesting such notification provided they have submitted an e-mail address to the DOER Contact Person.
(2) Each notice shall include, but not be limited to, the following information:
- (a) Date, time and location of the auction, including the internet address or electronic address for auction location, as applicable;
- (b) Auction format;
- (c) Categories of bidders who will be eligible to bid;
- (d) Quantity and allocation years of Massachusetts CO Allowances to be auctioned; 2
- (e) Reserve Price;
- (f) Quantity and trigger price of Cost Containment Reserve;
- (g) Quantity and trigger price of Emissions Containment Reserve;
- (h) Required bid format;
- (i) Instructions for submitting the qualification application;
- (j) Instructions for submitting acceptable financial surety;
- (k) Procedures for the conduct of the auction;
- (l) Participation limitations;
- (m) Other pertinent rules or procedures of the auction as may be required to ensure a transparent, fair and competitive auction; and
- (n) Identification of a DOER Contact Person for further information.