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Auction Results
Summary of Results for October 20, 2026 CBP Auction
| Number of Registered Bidders |
9 |
| Number of Winning Bidders |
6 |
| Number of Rounds in the Auction |
17 |
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Delivery Period |
| |
June 1, 2027 to May 31, 2028 |
| Tranche Target |
40 |
| Number of Tranches Procured |
40 |
| Range of Starting Price ($/MWh) |
$130.00 - $150.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$105.75 |
Summary of Results for February 3, 2026 CBP Auction
| Number of Registered Bidders |
8 |
| Number of Winning Bidders |
6 |
| Number of Rounds in the Auction |
18 |
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Delivery Period |
| |
June 1, 2026 to
May 31, 2027 |
June 1, 2026 to
May 31, 2028 |
| Tranche Target |
30 |
20 |
| Number of Tranches Procured |
30 |
20 |
| Range of Starting Price ($/MWh) |
$120.00 - $150.00 |
$120.00 - $150.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$97.47 |
$95.94 |
Summary of Results for October 14, 2025 CBP Auction
| Number of Registered Bidders |
8 |
| Number of Winning Bidders |
6 |
| Number of Rounds in the Auction |
18 |
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Delivery Period |
| |
June 1, 2026 to May 31, 2027 |
| Tranche Target |
50 |
| Number of Tranches Procured |
50 |
| Range of Starting Price ($/MWh) |
$120.00 - $140.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$92.13 |
Summary of Results for April 15, 2025 CBP Auction
| Number of Registered Bidders |
8 |
| Number of Winning Bidders |
7 |
| Number of Rounds in the Auction |
21 |
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Delivery Period |
| |
June 1, 2025 to May 31, 2026 |
| Tranche Target |
50 |
| Number of Tranches Procured |
50 |
| Range of Starting Price ($/MWh) |
$120.00 - $145.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$86.04 |
Summary of Results for March 18, 2025 CBP Auction
| Number of Registered Bidders |
8 |
| Number of Winning Bidders |
6 |
| Number of Rounds in the Auction |
17 |
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Delivery Period |
| |
June 1, 2025 to May 31, 2026 |
| Tranche Target |
50 |
| Number of Tranches Procured |
50 |
| Range of Starting Price ($/MWh) |
$120.00 - $145.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$93.17 |
Summary of Results for February 20, 2024 CBP Auction
| Number of Registered Bidders |
10 |
| Number of Winning Bidders |
7 |
| Number of Rounds in the Auction |
28 |
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Delivery Period |
| |
June 1, 2024 to May 31, 2025 |
| Tranche Target |
35 |
| Number of Tranches Procured |
35 |
| Range of Starting Price ($/MWh) |
$80.00 - $120.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$63.39 |
Summary of Results for September 19, 2023 CBP Auction
| Number of Registered Bidders |
9 |
| Number of Winning Bidders |
6 |
| Number of Rounds in the Auction |
21 |
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Delivery Period |
| |
June 1, 2024 to May 31, 2025 |
| Tranche Target |
35 |
| Number of Tranches Procured |
35 |
| Range of Starting Price ($/MWh) |
$80.00 - $120.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$75.08 |
Summary of Results for July 25, 2023 CBP Auction
| Number of Registered Bidders |
8 |
| Number of Winning Bidders |
5 |
| Number of Rounds in the Auction |
19 |
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Delivery Period |
| |
June 1, 2024 to May 31, 2025 |
| Tranche Target |
30 |
| Number of Tranches Procured |
30 |
| Range of Starting Price ($/MWh) |
$80.00 - $120.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$81.88 |
Summary of Results for February 21, 2023 CBP Auction
| Number of Registered Bidders |
8 |
| Number of Winning Bidders |
8 |
| Number of Rounds in the Auction |
14 |
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Delivery Period |
| |
June 1, 2023 to May 31, 2024 |
| Tranche Target |
80 |
| Number of Tranches Procured |
80 |
| Range of Starting Price ($/MWh) |
$90.00 - $130.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$82.79 |
Summary of Results for September 20, 2022 CBP Auction
| Number of Registered Bidders |
6 |
| Number of Winning Bidders |
4 |
| Number of Rounds in the Auction |
6 |
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Delivery Period |
| |
June 1, 2023 to May 31, 2024 |
| Tranche Target |
40 |
| Number of Tranches Procured |
20 |
| Range of Starting Price ($/MWh) |
$100.00 - $120.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$115.75 |
Summary of Results for February 22, 2022 CBP Auction
| Number of Registered Bidders |
12 |
| Number of Winning Bidders |
6 |
| Number of Rounds in the Auction |
10 |
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Delivery Period |
| |
June 1, 2022 to May 31, 2023 |
| Tranche Target |
50 |
| Number of Tranches Procured |
50 |
| Range of Starting Price ($/MWh) |
$70.00 - $90.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$64.78 |
Summary of Results for September 21, 2021 CBP Auction
| Number of Registered Bidders |
12 |
| Number of Winning Bidders |
4 |
| Number of Rounds in the Auction |
17 |
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Delivery Period |
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June 1, 2022 to May 31, 2023 |
| Tranche Target |
50 |
| Number of Tranches Procured |
50 |
| Range of Starting Price ($/MWh) |
$60.00 - $80.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$47.99 |
Summary of Results for February 23, 2021 CBP Auction
| Number of Registered Bidders |
14 |
| Number of Winning Bidders |
4 |
| Number of Rounds in the Auction |
19 |
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Delivery Period |
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June 1, 2021 to May 31, 2022 |
| Tranche Target |
17 |
| Number of Tranches Procured |
17 |
| Range of Starting Price ($/MWh) |
$60.00 - $80.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$46.00 |
Summary of Results for September 22, 2020 CBP Auction
| Number of Registered Bidders |
13 |
| Number of Winning Bidders |
6 |
| Number of Rounds in the Auction |
19 |
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Delivery Period |
| |
June 1, 2021 to May 31, 2022 |
| Tranche Target |
17 |
| Number of Tranches Procured |
17 |
| Range of Starting Price ($/MWh) |
$60.00 - $80.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$45.85 |
Summary of Results for February 25, 2020 CBP Auction
| Number of Registered Bidders |
12 |
| Number of Winning Bidders |
4 |
| Number of Rounds in the Auction |
14 |
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Delivery Period |
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June 1, 2020 to May 31, 2022 |
| Tranche Target |
17 |
| Number of Tranches Procured |
17 |
| Range of Starting Price ($/MWh) |
$60.00 - $80.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$41.14 |
Summary of Results for September 10, 2019 CBP Auction
| Number of Registered Bidders |
11 |
| Number of Winning Bidders |
3 |
| Number of Rounds in the Auction |
18 |
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Delivery Period |
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June 1, 2020 to May 31, 2022 |
| Tranche Target |
17 |
| Number of Tranches Procured |
17 |
| Range of Starting Price ($/MWh) |
$70.00 - $90.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$44.21 |
Summary of Results for February 26, 2019 CBP Auction
| Number of Registered Bidders |
7 |
| Number of Winning Bidders |
2 |
| Number of Rounds in the Auction |
18 |
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Delivery Period |
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June 1, 2019 to May 31, 2022 |
| Tranche Target |
16 |
| Number of Tranches Procured |
16 |
| Range of Starting Price ($/MWh) |
$70.00 - $90.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$48.12 |
Summary of Results for September 25, 2018 CBP Auction
| Number of Registered Bidders |
8 |
| Number of Winning Bidders |
3 |
| Number of Rounds in the Auction |
18 |
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Delivery Period |
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June 1, 2019 to May 31, 2022 |
| Tranche Target |
16 |
| Number of Tranches Procured |
16 |
| Range of Starting Price ($/MWh) |
$70.00 - $90.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$47.66 |
Summary of Results for February 27, 2018 CBP Auction
| Number of Registered Bidders |
9 |
| Number of Winning Bidders |
5 |
| Number of Rounds in the Auction |
19 |
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Delivery Period |
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June 1, 2018 to May 31, 2019 |
June 1, 2018 to May 31, 2020 |
June 1, 2018 to May 31, 2021 |
| Tranche Target |
16 |
17 |
17 |
| Number of Tranches Procured |
16 |
17 |
17 |
| Range of Starting Price ($/MWh) |
$70.00 - $90.00 |
$70.00 - $90.00 |
$70.00 - $90.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$52.87 |
$49.48 |
$49.71 |
Summary of Results for February 20, 2018 CBP Auction
| Number of Registered Bidders |
9 |
| Number of Winning Bidders |
5 |
| Number of Rounds in the Auction |
21 |
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Delivery Period |
|
| |
June 1, 2018 to May 31, 2019 |
June 1, 2018 to May 31, 2020 |
June 1, 2018 to May 31, 2021 |
| Tranche Target |
16 |
17 |
17 |
| Number of Tranches Procured |
16 |
17 |
17 |
| Range of Starting Price ($/MWh) |
$70.00 - $90.00 |
$70.00 - $90.00 |
$70.00 - $90.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$52.06 |
$49.27 |
$48.75 |
Summary of Results for March 2017 CBP Auction
| Number of Registered Bidders |
12 |
| Number of Winning Bidders |
6 |
| Number of Rounds in the Auction |
17 |
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Delivery Period |
| |
June 1, 2017 to May 31, 2018 |
| Tranche Target |
17 |
| Number of Tranches Procured |
17 |
| Range of Starting Price ($/MWh) |
$80.00 - $100.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$50.71 |
Summary of Results for November 2016 CBP Auction
| Number of Registered Bidders |
12 |
| Number of Winning Bidders |
4 |
| Number of Rounds in the Auction |
14 |
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Delivery Period |
| |
June 1, 2017 to May 31, 2018 |
| Tranche Target |
17 |
| Number of Tranches Procured |
17 |
| Range of Starting Price ($/MWh) |
$80.00 - $100.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$50.20 |
Summary of Results for March 2016 CBP Auction
| Number of Registered Bidders |
13 |
| Number of Winning Bidders |
5 |
| Number of Rounds in the Auction |
20 |
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Delivery Period |
| |
June 1, 2016 to May 31, 2018 |
| Tranche Target |
17 |
| Number of Tranches Procured |
17 |
| Range of Starting Price ($/MWh) |
$80.00 - $110.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$48.34 |
Summary of Results for November 2015 CBP Auction
| Number of Registered Bidders |
12 |
| Number of Winning Bidders |
3 |
| Number of Rounds in the Auction |
15 |
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Delivery Period |
| |
June 1, 2016 to May 31, 2018 |
| Tranche Target |
17 |
| Number of Tranches Procured |
17 |
| Range of Starting Price ($/MWh) |
$90.00 - $120.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$49.86 |
Summary of Results for May 2015 CBP Auction
| Number of Registered Bidders |
12 |
| Number of Winning Bidders |
8 |
| Number of Rounds in the Auction |
20 |
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|
Delivery Period |
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June 1, 2015 to May 31, 2016 |
June 1, 2015 to May 31, 2017 |
June 1, 2015 to May 31, 2018 |
| Tranche Target |
34 |
34 |
32 |
| Number of Tranches Procured |
34 |
34 |
32 |
| Range of Starting Price ($/MWh) |
$90.00 - $120.00 |
$90.00 - $120.00 |
$90.00 - $120.00 |
| Clearing Price ($/MWh) |
$58.79 |
$57.60 |
$59.17 |
Summary of Results for November 2013 CBP Auction
| Number of Registered Bidders |
11 |
| Number of Winning Bidders |
5 |
| Number of Rounds in the Auction |
16 |
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Delivery Period |
| |
June 1, 2014 to May 31, 2015 |
| Tranche Target |
16 |
| Number of Tranches Procured |
16 |
| Range of Starting Price ($/MWh) |
$65.00 - $85.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$50.11 |
Summary of Results for May 2013 CBP Auction
| Number of Registered Bidders |
10 |
| Number of Winning Bidders |
4 |
| Number of Rounds in the Auction |
16 |
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Delivery Period |
| |
June 1, 2014 to May 31, 2015 |
| Tranche Target |
17 |
| Number of Tranches Procured |
17 |
| Range of Starting Price ($/MWh) |
$65.00 - $85.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$54.16 |
Summary of Results for November 2012 CBP Auction
| Number of Registered Bidders |
12 |
| Number of Winning Bidders |
4 |
| Number of Rounds in the Auction |
16 |
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Delivery Period |
| |
June 1, 2013 to May 31, 2015 |
| Tranche Target |
16 |
| Number of Tranches Procured |
16 |
| Range of Starting Price ($/MWh) |
$65.00 - $85.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$50.56 |
Summary of Results for May 2012 CBP Auction
| Number of Registered Bidders |
11 |
| Number of Winning Bidders |
3 |
| Number of Rounds in the Auction |
12 |
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Delivery Period |
| |
June 1, 2013 to May 31, 2015 |
| Tranche Target |
17 |
| Number of Tranches Procured |
17 |
| Range of Starting Price ($/MWh) |
$65.00 - $85.00 |
| Tranche-weighted average price of winning bids ($/MWh) |
$52.14 |
Summary of Results for December 2011 CBP Auction
| Number of Registered Bidders |
13 |
| Number of Winning Bidders |
7 |
| Number of Rounds in the Auction |
14 |
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|
Delivery Period |
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| |
January 1, 2012 to May 31, 2013 |
January 1, 2012 to May 31, 2014 |
January 1, 2012 to May 31, 2015 |
| Tranche Target |
33 |
33 |
34 |
| Number of Tranches Procured |
33 |
33 |
34 |
| Range of Starting Price ($/MWh) |
$70.00 - $90.00 |
$70.00 - $90.00 |
$70.00 - $90.00 |
| Clearing Price ($/MWh) |
$49.72 |
$51.10 |
$57.08 |
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