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Auction Results
Summary of Results for September 30, 2025 CBP Auction
| Number of Registered Bidders | 8 | | Number of Winning Bidders | 7 | | Number of Rounds in the Auction | 17 |
| Delivery Period |
| June 1, 2026 to
May 31, 2027 | June 1, 2026 to
May 31, 2028 | | Tranche Target | 19 | 18 | | Number of Tranches Procured | 19 | 18 | | Range of Starting Price ($/MWh) | $120.00 - $140.00 | $120.00 - $140.00 | | Clearing Price ($/MWh) | $92.99 | $92.99 |
Summary of Results for April 29, 2025 CBP Auction
| Number of Registered Bidders | 8 | | Number of Winning Bidders | 7 | | Number of Rounds in the Auction | 17 |
| Delivery Period |
| June 1, 2025 to
May 31, 2026 | June 1, 2025 to
May 31, 2027 | | Tranche Target | 25 | 25 | | Number of Tranches Procured | 25 | 25 | | Range of Starting Price ($/MWh) | $120.00 - $140.00 | $120.00 - $140.00 | | Clearing Price ($/MWh) | $86.85 | $83.91 |
Summary of Results for October 15, 2024 CBP Auction
| Number of Registered Bidders | 8 | | Number of Winning Bidders | 8 | | Number of Rounds in the Auction | 24 |
| Delivery Period |
| June 1, 2025 to
May 31, 2026 | | Tranche Target | 50 | | Number of Tranches Procured | 50 | | Range of Starting Price ($/MWh) | $115.00 - $145.00 | | Clearing Price ($/MWh) | $88.05 |
Summary of Results for April 2, 2024 CBP Auction
| Number of Registered Bidders | 7 | | Number of Winning Bidders | 4 | | Number of Rounds in the Auction | 15 |
| Delivery Period |
| June 1, 2024 to
May 31, 2025 | | Tranche Target | 20 | | Number of Tranches Procured | 20 | | Range of Starting Price ($/MWh) | $80.00 - $120.00 | | Clearing Price ($/MWh) | $70.81 |
Summary of Results for October 3, 2023 CBP Auction
| Number of Registered Bidders | 7 | | Number of Winning Bidders | 4 | | Number of Rounds in the Auction | 15 |
| Delivery Period |
| June 1, 2024 to
May 31, 2025 | | Tranche Target | 40 | | Number of Tranches Procured | 40 | | Range of Starting Price ($/MWh) | $80.00 - $120.00 | | Clearing Price ($/MWh) | $74.68 |
Summary of Results for April 4, 2023 CBP Auction
| Number of Registered Bidders | 6 | | Number of Winning Bidders | 6 | | Number of Rounds in the Auction | 11 |
| Delivery Period |
| June 1, 2023 to
May 31, 2024 | June 1, 2023 to
May 31, 2025 | | Tranche Target | 25 | 40 | | Number of Tranches Procured | 25 | 40 | | Range of Starting Price ($/MWh) | $90.00 - $120.00 | $90.00 - $120.00 | | Clearing Price ($/MWh) | $83.21 | $90.14 |
Summary of Results for November 29, 2022 CBP Auction
| Number of Registered Bidders | 9 | | Number of Winning Bidders | 5 | | Number of Rounds in the Auction | 10 |
| Delivery Period |
| June 1, 2023 to
May 31, 2024 | | Tranche Target | 35 | | Number of Tranches Procured | 35 | | Range of Starting Price ($/MWh) | $100.00 - $140.00 | | Clearing Price ($/MWh) | $113.42 |
Summary of Results for April 18, 2022 CBP Auction
| Number of Registered Bidders | 9 | | Number of Winning Bidders | 7 | | Number of Rounds in the Auction | 11 |
| Delivery Period |
| June 1, 2022 to
May 31, 2023 | | Tranche Target | 50 | | Number of Tranches Procured | 50 | | Range of Starting Price ($/MWh) | $85.00 - $105.00 | | Clearing Price ($/MWh) | $122.5 |
Summary of Results for March 22, 2022 CBP Auction
| Number of Registered Bidders | 9 | | Number of Winning Bidders | 7 | | Number of Rounds in the Auction | 14 |
| Delivery Period |
| June 1, 2022 to
May 31, 2023 | | Tranche Target | 100 | | Number of Tranches Procured | 50 | | Range of Starting Price ($/MWh) | $70.00 - $90.00 | | Clearing Price ($/MWh) | $75.13 |
Summary of Results for March 22, 2021 CBP Auction
| Number of Registered Bidders | 12 | | Number of Winning Bidders | 8 | | Number of Rounds in the Auction | 13 |
| Delivery Period |
| June 1, 2021 to
May 31, 2022 | | Tranche Target | 48 | | Number of Tranches Procured | 48 | | Range of Starting Price ($/MWh) | $60.00 - $80.00 | | Clearing Price ($/MWh) | $47.22 |
Summary of Results for March 9, 2020 CBP Auction
| Number of Registered Bidders | 14 | | Number of Winning Bidders | 6 | | Number of Rounds in the Auction | 15 |
| Delivery Period |
| June 1, 2020 to
May 31, 2021 | June 1, 2020 to
May 31, 2022 | | Tranche Target | 15 | 35 | | Number of Tranches Procured | 15 | 35 | | Range of Starting Price ($/MWh) | $60.00 - $80.00 | $60.00 - $80.00 | | Clearing Price ($/MWh) | $36.96 | $40.56 |
Summary of Results for March 26, 2019 CBP Auction
| Number of Registered Bidders | 8 | | Number of Winning Bidders | 4 | | Number of Rounds in the Auction | 22 |
| Delivery Period |
| June 1, 2019 to
May 31, 2021 | June 1, 2019 to
May 31, 2022 | | Tranche Target | 17 | 17 | | Number of Tranches Procured | 17 | 17 | | Range of Starting Price ($/MWh) | $70.00 - $90.00 | $70.00 - $90.00 | | Clearing Price ($/MWh) | $44.92 | $46.51 |
Summary of Results for March 12, 2018 CBP Auction
| Number of Registered Bidders | 7 | | Number of Winning Bidders | 4 | | Number of Rounds in the Auction | 26 |
| Delivery Period |
| June 1, 2018 to
May 31, 2020 | June 1, 2018 to
May 31, 2021 | | Tranche Target | 16 | 16 | | Number of Tranches Procured | 16 | 16 | | Range of Starting Price ($/MWh) | $65.00 - $85.00 | $65.00 - $85.00 | | Clearing Price ($/MWh) | $48.66 | $46.34 |
Summary of Results for April 24, 2017 CBP Auction
| Number of Registered Bidders | 10 | | Number of Winning Bidders | 6 | | Number of Rounds in the Auction | 22 |
| Delivery Period |
| June 1, 2017 to
May 31, 2018 | June 1, 2017 to
May 31, 2019 | June 1, 2017 to
May 31, 2020 | | Tranche Target | 16 | 17 | 17 | | Number of Tranches Procured | 16 | 17 | 17 | | Range of Starting Price ($/MWh) | $75.00 - $95.00 | $75.00 - $95.00 | $75.00 - $95.00 | | Clearing Price ($/MWh) | $51.41 | $50.89 | $48.77 |
Summary of Results for April 11, 2017 CBP Auction
| Number of Registered Bidders | 10 | | Number of Winning Bidders | 6 | | Number of Rounds in the Auction | 22 |
| Delivery Period |
| June 1, 2017 to
May 31, 2018 | June 1, 2017 to
May 31, 2019 | June 1, 2017 to
May 31, 2020 | | Tranche Target | 16 | 17 | 17 | | Number of Tranches Procured | 16 | 17 | 17 | | Range of Starting Price ($/MWh) | $75.00 - $95.00 | $75.00 - $95.00 | $75.00 - $95.00 | | Clearing Price ($/MWh) | $51.45 | $50.91 | $48.65 |
Summary of Results for September 2015 CBP Auction
| Number of Registered Bidders | 13 | | Number of Winning Bidders | 6 | | Number of Rounds in the Auction | 16 |
| Delivery Period |
| January 1, 2016 to
May 31, 2017 | | Tranche Target | 40 | | Number of Tranches Procured | 40 | | Range of Starting Price ($/MWh) | $90.00 - $120.00 | | Tranche-weighted average price of winning bids ($/MWh) | $51.49 |
Summary of Results for September 2014 CBP Auction
| Number of Registered Bidders | 5 | | Number of Winning Bidders | 2 | | Number of Rounds in the Auction | 21 |
| Delivery Period |
| January 1, 2015 to
May 31, 2017 | | Tranche Target | 50 | | Number of Tranches Procured | 50 | | Range of Starting Price ($/MWh) | $70.00 - $95.00 | | Tranche-weighted average price of winning bids ($/MWh) | $62.08 |
Summary of Results for October 2013 CBP Auction
| Number of Registered Bidders | 10 | | Number of Winning Bidders | 3 | | Number of Rounds in the Auction | 24 |
| Delivery Period |
| January 1, 2014 to
May 31, 2017 | | Tranche Target | 10 | | Number of Tranches Procured | 10 | | Range of Starting Price ($/MWh) | $80.00 - $105.00 | | Tranche-weighted average price of winning bids ($/MWh) | $49.32 |
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