Power Auctions is a leading provider of consulting and software development services for high-stakes online auctions.

• Type

  • Corp

    • BHP Billiton

      BHP Billiton

      BHP Billiton is a global leader in the resources sector. We worked closely with their Antwerp office to design and implement all their diamond auctions. We ran a total of 94 auctions for BHP Billiton and Dominion Diamonds, comprising up to 6% of the annual global rough diamond output.

    • DONG Energy

      DONG Energy

      For Danish Oil and Natural (DONG) Energy, we implemented the annual gas transportation services auctions for a total volume of 2 TWh of energy annually until its conclusion after 6 years.

    • Debt Auction Design

      Debt Auction Design

      For a client in the debt auction business, we adapted our existing software to operate auctions of debt portfolios.

    • Diablo Management

      Diablo Management

      For a client of Diablo Management, we implemented an Intellectual Property asset sale in 2009.

    • E.ON Földgáz

      E.ON Földgáz

      Between 2006 and 2013 , we provided auction implementation services for a complex auction selling 7.5 TWh of energy ($1 billion in value).

    • E.ON S&T

      E.ON S&T

      For E.ON Sales and Trading Germany, we held a Virtual Power Plant auction in 2007.

    • E.ON Ruhrgas

      E.ON Ruhrgas

      From 2003 until 2008, E.ON Ruhrgas was required to auction natural gas for a total of over 125 TWh of energy annually. We implemented these auctions, as well as a voluntary auction E.ON Ruhrgas held in 2010.

    • EDF

      EDF

      For Electricité de France, we operated 41 quarterly auctions from 2001 until the programs conclusion in 2011, for an average of 5.7GW, We also designed and operated three auctions for long term contracts for EDF during this time period.

    • Electrabel

      Electrabel

      For Electrabel, we conducted a total of 7 Virtual Power Plant (VPP) Auctions for 1.2GW of generating capacity.

    • Endesa

      Endesa

      For Spanish Utilities Endesa and Iberdrola, we implemented 5 Virtual Power Plant auctions per year for a volume of 1.8GW.

    • BHP Billiton / Cerro Matoso

      BHP Billiton / Cerro Matoso

      For Australian company BHP Billiton's Cerro Matoso mine in Colombia, we conducted a procurement auction for purchasing the electricity required by the operation.

    • Exelon

      Exelon

      For Exelon, we developed custom software designed to auction electricity.

    • GDF Suez

      GDF Suez

      In 2004, we auctioned gas with total of 6 TWh of energy for GDF Suez.

    • Storengy

      Storengy

      In 2006, we auctioned 400 GWh of storage capacity for Storengy (previously Gaz de France Storage).

    • Iberdrola

      Iberdrola

      For Spanish Utilities Endesa and Iberdrola, we implemented 5 Virtual Power Plant auctions per year for a volume of 1.8GW.

    • IPO Auction Design

      IPO Auction Design

      Our Clock Auction design for Initial Public Offerings provides an efficient and fair alternative to the traditional IPO process.
      Read more

    • Spectrum Exchange LLC

      Spectrum Exchange LLC

      For Spectrum Exchange LLC, we developed one of the first auction systems for a clock auction for the purpose of selling Telecommunications Spectrum.

    • Total Gas and Power

      Total Gas and Power

      In 2004, we implemented an auction for selling 500 GWh of natural gas for French utility Total Gas & Power.

    • Tiffany & Co.

      Tiffany & Co.

      For Tiffany & Co.'s rough diamond division, we recently implemented an auction of yellow diamonds.

    • Dominion Diamonds

      Dominion Diamonds

      Dominion Diamond Corporation (Harry Winston) acquired the diamond division from BHP Billiton in 2012. We ran a total of 94 auctions for BHP Billiton and Dominion Diamonds, comprising up to 6% of the annual global rough diamond output.

    • Okavango Diamond Company

      Okavango Diamond Company

      In 2012, the Okavango Diamond Company (ODC), a rough diamond marketing company wholly owned by the State of Botswana, selected Power Auctions to design, implement and co-operate a spot auction for rough diamonds up to ten times per year for an estimated 3 million carats in the upcoming year. ODC subsequently selected Power Auctions to design, implement and co-operate a periodic long-term auction for rough diamonds rolled out in 2017.
      Read more

    • Rio Tinto Iron & Titanium

      Rio Tinto Iron & Titanium

      For Rio Tinto Iron & Minerals we designed and implemented a platform for auctioning zircon. We ran 6 auctions for a total of 24,000 tonnes of zircon.

    • Rio Tinto Minerals

      Rio Tinto Minerals

      Rio Tinto Minerals contracted with Power Auctions to design an auction for Neobor. This auction took place in 2012.

  • Government

    • Spain CNE

      Spain CNE

      In 2008, we implemented two Virtual Power Plant auctions for Spain's Comisión Nacional de Energía.

    • FCC

      FCC

      Power Auctions played a key role in the design of the US Incentive Auction. The reverse and forward auctions were conducted on the PowerAuctions™ software platform. We also provide the FCC with its ongoing auction capability.
      Read more

    • US FAA

      US FAA

      In 2008, we designed and developed an auction platform for selling airport departure slots for New York's three airports.

    • Trinidad and Tobago TATT

      Trinidad and Tobago TATT

      We were retained by the Trinidad and Tobago government to design and implement its first spectrum auction in early 2005, selling a second and third GSM license for the country. The auction was an innovative two-phase auction, comprising a dynamic clock auction for determining the two winners, followed by a combinatorial auction for determining specific spectrum assignments among the winners.

    • UK DEFRA

      UK DEFRA

      For DEFRA, we implemented the world's first auction in the greenhouse gas emissions sector in 2002, distributing GBP 215M in incentive funds efficiently to those who were willing to reduce emissions by the highest amount for a given amount of money.

    • US Treasury

      US Treasury

      In 2008, at the request of the US Department of Treasury, we provided substantial consulting services in connection with the TARP program.
      Read more

    • Singapore IDA

      Singapore IDA

      For Infocomm Development Authority of Singapore, we designed a spectrum auction for 900 MHz and 1800 MHz bands.

    • Industry Canada

      Industry Canada

      We designed and implemented Industry Canada's 700 MHz and 2.5 GHz spectrum auctions that were held in 2014 and 2015, respectively. Both auctions were large Combinatorial Clock Auctions (CCAs) with multiple regions, generating a combined income of over $6 billion (Canadian).

    • ACMA

      ACMA

      In 2011, ACMA selected Power Auctions to design and implement a Combinatorial Clock Auction (CCA) for their 700 MHz and 2.5 GHz (digital dividend) spectrum auction. The auction for the 700 MHz/2.5 GHz spectrum successfully took place in 2013, yielding just under $2 billion. A second contract was awarded to Power Auctions for additional auctions, including the 1800 MHz spectrum. The 1800 MHz auction used an SRMA format and took place in 2016, bringing in $400 million.
      Read more

    • BOEM

      BOEM

      In 2011, the Bureau of Ocean Energy Management (BOEM) of the U.S. Department of the Interior selected Power Auctions to analyze which standard auction formats are suitable for conducting competitive alternative energy lease sales for the outer continental shelf. Power Auctions subsequently won the contract to design and implement the auction platform. Six auctions have been conducted so far. The 2016 auction for a lease area offshore New York, raised a record amount of about $42 million.
      Read more

    • Thailand's NBTC

      Thailand's NBTC

      In 2012 we ran Thailand's National Broadcasting and Telecommunications Commission (NBTC) auction of 2.1 GHz 3G mobile network operating licences, raising $1.35 billion.
      Read more

  • NGO

    • ICANN

      ICANN

      For the Internet Corporation for Assigned Numbers and Names (ICANN) we designed an auction to resolve string contention sets under the new gTLD program and assisted ICANN in conducting these auctions. Using an ascending clock auction format, 17 contention sets have been resolved by the last resort auction since 2014.

    • ISO New England

      ISO New England

      For ISO New England, we custom designed and implemented a complex auction for procuring all of New England's electricity, totaling 32.5 GW per auction. Since 2008, 10 auctions have been conducted.
      Read more

    • UC Berkeley

      UC Berkeley

      For the University of California at Berkeley, we developed a website for demonstrating and evaluating the use of auctions for allocating water rights.

    • UK National Grid

      UK National Grid

      For National Grid, UK we designed and implemented a number of capacity auctions - descending clock auctions that allocate capacity agreements at least cost. A total of 4 capacity auctions have been held to date.

• Country

  • Australia

    • BHP Billiton

      BHP Billiton is a global leader in the resources sector. We worked closely with their Antwerp office to design and implement all their diamond auctions. We ran a total of 94 auctions for BHP Billiton and Dominion Diamonds, comprising up to 6% of the annual global rough diamond output.

    • BHP Billiton / Cerro Matoso

      For Australian company BHP Billiton's Cerro Matoso mine in Colombia, we conducted a procurement auction for purchasing the electricity required by the operation.

    • ACMA

      In 2011, ACMA selected Power Auctions to design and implement a Combinatorial Clock Auction (CCA) for their 700 MHz and 2.5 GHz (digital dividend) spectrum auction. The auction for the 700 MHz/2.5 GHz spectrum successfully took place in 2013, yielding just under $2 billion. A second contract was awarded to Power Auctions for additional auctions, including the 1800 MHz spectrum. The 1800 MHz auction used an SRMA format and took place in 2016, bringing in $400 million.
      Read more

  • Belgium

    • BHP Billiton

      BHP Billiton is a global leader in the resources sector. We worked closely with their Antwerp office to design and implement all their diamond auctions. We ran a total of 94 auctions for BHP Billiton and Dominion Diamonds, comprising up to 6% of the annual global rough diamond output.

    • Electrabel

      For Electrabel, we conducted a total of 7 Virtual Power Plant (VPP) Auctions for 1.2GW of generating capacity.

    • Dominion Diamonds

      Dominion Diamond Corporation (Harry Winston) acquired the diamond division from BHP Billiton in 2012. We ran a total of 94 auctions for BHP Billiton and Dominion Diamonds, comprising up to 6% of the annual global rough diamond output.

  • Spain

    • Spain CNE

      In 2008, we implemented two Virtual Power Plant auctions for Spain's Comisión Nacional de Energía.

    • Endesa

      For Spanish Utilities Endesa and Iberdrola, we implemented 5 Virtual Power Plant auctions per year for a volume of 1.8GW.

    • Iberdrola

      For Spanish Utilities Endesa and Iberdrola, we implemented 5 Virtual Power Plant auctions per year for a volume of 1.8GW.

  • Denmark

    • DONG Energy

      For Danish Oil and Natural (DONG) Energy, we implemented the annual gas transportation services auctions for a total volume of 2 TWh of energy annually until its conclusion after 6 years.

  • United States

    • Diablo Management

      Diablo Management

      For a client of Diablo Management, we implemented an Intellectual Property asset sale in 2009.

    • Exelon

      Exelon

      For Exelon, we developed custom software designed to auction electricity.

    • FCC

      FCC

      Power Auctions played a key role in the design of the US Incentive Auction. The reverse and forward auctions were conducted on the PowerAuctions™ software platform. We also provide the FCC with its ongoing auction capability.
      Read more

    • US FAA

      US FAA

      In 2008, we designed and developed an auction platform for selling airport departure slots for New York's three airports.

    • ISO New England

      ISO New England

      For ISO New England, we custom designed and implemented a complex auction for procuring all of New England's electricity, totaling 32.5 GW per auction. Since 2008, 10 auctions have been conducted.
      Read more

    • Spectrum Exchange LLC

      Spectrum Exchange LLC

      For Spectrum Exchange LLC, we developed one of the first auction systems for a clock auction for the purpose of selling Telecommunications Spectrum.

    • UC Berkeley

      UC Berkeley

      For the University of California at Berkeley, we developed a website for demonstrating and evaluating the use of auctions for allocating water rights.

    • US Treasury

      US Treasury

      In 2008, at the request of the US Department of Treasury, we provided substantial consulting services in connection with the TARP program.
      Read more

    • Tiffany & Co.

      Tiffany & Co.

      For Tiffany & Co.'s rough diamond division, we recently implemented an auction of yellow diamonds.

    • BOEM

      BOEM

      In 2011, the Bureau of Ocean Energy Management (BOEM) of the U.S. Department of the Interior selected Power Auctions to analyze which standard auction formats are suitable for conducting competitive alternative energy lease sales for the outer continental shelf. Power Auctions subsequently won the contract to design and implement the auction platform. Six auctions have been conducted so far. The 2016 auction for a lease area offshore New York, raised a record amount of about $42 million.
      Read more

    • Rio Tinto Minerals

      Rio Tinto Minerals

      Rio Tinto Minerals contracted with Power Auctions to design an auction for Neobor. This auction took place in 2012.

  • Hungary

    • E.ON Földgáz

      Between 2006 and 2013 , we provided auction implementation services for a complex auction selling 7.5 TWh of energy ($1 billion in value).

  • Germany

    • E.ON S&T

      For E.ON Sales and Trading Germany, we held a Virtual Power Plant auction in 2007.

    • E.ON Ruhrgas

      From 2003 until 2008, E.ON Ruhrgas was required to auction natural gas for a total of over 125 TWh of energy annually. We implemented these auctions, as well as a voluntary auction E.ON Ruhrgas held in 2010.

  • France

    • EDF

      EDF

      For Electricité de France, we operated 41 quarterly auctions from 2001 until the programs conclusion in 2011, for an average of 5.7GW, We also designed and operated three auctions for long term contracts for EDF during this time period.

    • GDF Suez

      GDF Suez

      In 2004, we auctioned gas with total of 6 TWh of energy for GDF Suez.

    • Storengy

      Storengy

      In 2006, we auctioned 400 GWh of storage capacity for Storengy (previously Gaz de France Storage).

    • Total Gas and Power

      Total Gas and Power

      In 2004, we implemented an auction for selling 500 GWh of natural gas for French utility Total Gas & Power.

  • Colombia

    • BHP Billiton / Cerro Matoso

      For BHP Billiton's Cerro Matoso mine in Colombia, we conducted a procurement auction for purchasing the electricity required by the operation.

  • Trinidad & Tobago

    • Trinidad and Tobago TATT

      We were retained by the Trinidad and Tobago government to design and implement its first spectrum auction in early 2005, selling a second and third GSM license for the country. The auction was an innovative two-phase auction, comprising a dynamic clock auction for determining the two winners, followed by a combinatorial auction for determining specific spectrum assignments among the winners.

  • United Kingdom

    • Total Gas & Power

      Total Gas & Power

      In 2004, we held an auction for Total Gas & Power, selling 0.5TWh of energy.

    • UK DEFRA

      UK DEFRA

      For DEFRA, we implemented the world's first auction in the greenhouse gas emissions sector in 2002, distributing GBP 215M in incentive funds efficiently to those who were willing to reduce emissions by the highest amount for a given amount of money.

    • UK National Grid

      UK National Grid

      For National Grid, UK we designed and implemented a number of capacity auctions - descending clock auctions that allocate capacity agreements at least cost. A total of 4 capacity auctions have been held to date.

    • Rio Tinto Iron & Titanium

      Rio Tinto Iron & Titanium

      For Rio Tinto Iron & Minerals we designed and implemented a platform for auctioning zircon. We ran 6 auctions for a total of 24,000 tonnes of zircon.

  • Singapore

    • Singapore IDA

      For Infocomm Development Authority of Singapore, we designed a spectrum auction for 900 MHz and 1800 MHz bands.

  • Canada

    • Industry Canada

      We designed and implemented Industry Canada's 700 MHz and 2.5 GHz spectrum auctions that were held in 2014 and 2015, respectively. Both auctions were large Combinatorial Clock Auctions (CCAs) with multiple regions, generating a combined income of over $6 billion (Canadian).

    • Dominion Diamonds

      Dominion Diamond Corporation (Harry Winston) acquired the diamond division from BHP Billiton in 2012. We ran a total of 94 auctions for BHP Billiton and Dominion Diamonds, comprising up to 6% of the annual global rough diamond output.

  • Botswana

    • Okavango Diamond Company

      In 2012, the Okavango Diamond Company (ODC), a rough diamond marketing company wholly owned by the State of Botswana, selected Power Auctions to design, implement and co-operate a spot auction for rough diamonds up to ten times per year for an estimated 3 million carats in the upcoming year. ODC subsequently selected Power Auctions to design, implement and co-operate a periodic long-term auction for rough diamonds rolled out in 2017.
      Read more

  • Thailand

    • Thailand's NBTC

      In 2012 we ran Thailand's National Broadcasting and Telecommunications Commission (NBTC) auction of 2.1 GHz 3G mobile network operating licences, raising $1.35 billion.
      Read more

• Industry

  • Resources

    • BHP Billiton

      BHP Billiton

      BHP Billiton is a global leader in the resources sector. We worked closely with their Antwerp office to design and implement all their diamond auctions. We ran a total of 94 auctions for BHP Billiton and Dominion Diamonds, comprising up to 6% of the annual global rough diamond output.

    • US FAA

      US FAA

      In 2008, we designed and developed an auction platform for selling airport departure slots for New York's three airports.

    • UC Berkeley

      UC Berkeley

      For the University of California at Berkeley, we developed a website for demonstrating and evaluating the use of auctions for allocating water rights.

    • Tiffany & Co.

      Tiffany & Co.

      For Tiffany & Co.'s rough diamond division, we recently implemented an auction of yellow diamonds.

    • Dominion Diamonds

      Dominion Diamonds

      Dominion Diamond Corporation (Harry Winston) acquired the diamond division from BHP Billiton in 2012. We ran a total of 94 auctions for BHP Billiton and Dominion Diamonds, comprising up to 6% of the annual global rough diamond output.

    • Okavango Diamond Company

      Okavango Diamond Company

      In 2012, the Okavango Diamond Company (ODC), a rough diamond marketing company wholly owned by the State of Botswana, selected Power Auctions to design, implement and co-operate a spot auction for rough diamonds up to ten times per year for an estimated 3 million carats in the upcoming year. ODC subsequently selected Power Auctions to design, implement and co-operate a periodic long-term auction for rough diamonds rolled out in 2017.
      Read more

    • Rio Tinto Iron & Titanium

      Rio Tinto Iron & Titanium

      For Rio Tinto Iron & Minerals we designed and implemented a platform for auctioning zircon. We ran 6 auctions for a total of 24,000 tonnes of zircon.

    • Rio Tinto Minerals

      Rio Tinto Minerals

      Rio Tinto Minerals contracted with Power Auctions to design an auction for Neobor. This auction took place in 2012.

  • Electricity

    • Spain CNE

      Spain CNE

      In 2008, we implemented two Virtual Power Plant auctions for Spain's Comisión Nacional de Energía.

    • E.ON S&T

      E.ON S&T

      For E.ON Sales and Trading Germany, we held a Virtual Power Plant auction in 2007.

    • EDF

      EDF

      For Electricité de France, we operated 41 quarterly auctions from 2001 until the programs conclusion in 2011, for an average of 5.7GW, We also designed and operated three auctions for long term contracts for EDF during this time period.

    • Electrabel

      Electrabel

      For Electrabel, we conducted a total of 7 Virtual Power Plant (VPP) Auctions for 1.2GW of generating capacity.

    • Endesa

      Endesa

      For Spanish Utilities Endesa and Iberdrola, we implemented 5 Virtual Power Plant auctions per year for a volume of 1.8GW.

    • BHP Billiton / Cerro Matoso

      BHP Billiton / Cerro Matoso

      For Australian company BHP Billiton's Cerro Matoso mine in Colombia, we conducted a procurement auction for purchasing the electricity required by the operation.

    • Exelon

      Exelon

      For Exelon, we developed custom software designed to auction electricity.

    • Iberdrola

      Iberdrola

      For Spanish Utilities Endesa and Iberdrola, we implemented 5 Virtual Power Plant auctions per year for a volume of 1.8GW.

    • ISO New England

      ISO New England

      For ISO New England, we custom designed and implemented a complex auction for procuring all of New England's electricity, totaling 32.5 GW per auction. Since 2008, 10 auctions have been conducted.
      Read more

    • UK National Grid

      UK National Grid

      For National Grid, UK we designed and implemented a number of capacity auctions - descending clock auctions that allocate capacity agreements at least cost. A total of 4 capacity auctions have been held to date.

  • Gas

    • DONG Energy

      DONG Energy

      For Danish Oil and Natural (DONG) Energy, we implemented the annual gas transportation services auctions for a total volume of 2 TWh of energy annually until its conclusion after 6 years.

    • E.ON Földgáz

      E.ON Földgáz

      Between 2006 and 2013 , we provided auction implementation services for a complex auction selling 7.5 TWh of energy ($1 billion in value).

    • E.ON Ruhrgas

      E.ON Ruhrgas

      From 2003 until 2008, E.ON Ruhrgas was required to auction natural gas for a total of over 125 TWh of energy annually. We implemented these auctions, as well as a voluntary auction E.ON Ruhrgas held in 2010.

    • GDF Suez

      GDF Suez

      In 2004, we auctioned gas with total of 6 TWh of energy for GDF Suez.

    • Storengy

      Storengy

      In 2006, we auctioned 400 GWh of storage capacity for Storengy (previously Gaz de France Storage).

    • Total Gas and Power

      Total Gas and Power

      In 2004, we implemented an auction for selling 500 GWh of natural gas for French utility Total Gas & Power.

  • Financial

    • Debt Auction Design

      Debt Auction Design

      For a client in the debt auction business, we adapted our existing software to operate auctions of debt portfolios.

    • Diablo Management

      Diablo Management

      For a client of Diablo Management, we implemented an Intellectual Property asset sale in 2009.

    • IPO Auction Design

      IPO Auction Design

      Our Clock Auction design for Initial Public Offerings provides an efficient and fair alternative to the traditional IPO process.
      Read more

    • US Treasury

      US Treasury

      In 2008, at the request of the US Department of Treasury, we provided substantial consulting services in connection with the TARP program.
      Read more

  • Information Technology & Telecommunications

    • FCC

      FCC

      Power Auctions played a key role in the design of the US Incentive Auction. The reverse and forward auctions were conducted on the PowerAuctions™ software platform. We also provide the FCC with its ongoing auction capability.
      Read more

    • ICANN

      ICANN

      For the Internet Corporation for Assigned Numbers and Names (ICANN) we designed an auction to resolve string contention sets under the new gTLD program and assisted ICANN in conducting these auctions. Using an ascending clock auction format, 17 contention sets have been resolved by the last resort auction since 2014.

    • Spectrum Exchange LLC

      Spectrum Exchange LLC

      For Spectrum Exchange LLC, we developed one of the first auction systems for a clock auction for the purpose of selling Telecommunications Spectrum.

    • Trinidad and Tobago TATT

      Trinidad and Tobago TATT

      We were retained by the Trinidad and Tobago government to design and implement its first spectrum auction in early 2005, selling a second and third GSM license for the country. The auction was an innovative two-phase auction, comprising a dynamic clock auction for determining the two winners, followed by a combinatorial auction for determining specific spectrum assignments among the winners.

    • Industry Canada

      Industry Canada

      We designed and implemented Industry Canada's 700 MHz and 2.5 GHz spectrum auctions that were held in 2014 and 2015, respectively. Both auctions were large Combinatorial Clock Auctions (CCAs) with multiple regions, generating a combined income of over $6 billion (Canadian).

    • ACMA

      ACMA

      In 2011, ACMA selected Power Auctions to design and implement a Combinatorial Clock Auction (CCA) for their 700 MHz and 2.5 GHz (digital dividend) spectrum auction. The auction for the 700 MHz/2.5 GHz spectrum successfully took place in 2013, yielding just under $2 billion. A second contract was awarded to Power Auctions for additional auctions, including the 1800 MHz spectrum. The 1800 MHz auction used an SRMA format and took place in 2016, bringing in $400 million.
      Read more

    • Thailand's NBTC

      Thailand's NBTC

      In 2012 we ran Thailand's National Broadcasting and Telecommunications Commission (NBTC) auction of 2.1 GHz 3G mobile network operating licences, raising $1.35 billion.
      Read more

  • Environment

    • UK DEFRA

      For DEFRA, we implemented the world's first auction in the greenhouse gas emissions sector in 2002, distributing GBP 215M in incentive funds efficiently to those who were willing to reduce emissions by the highest amount for a given amount of money.

    • BOEM

      In 2011, the Bureau of Ocean Energy Management (BOEM) of the U.S. Department of the Interior selected Power Auctions to analyze which standard auction formats are suitable for conducting competitive alternative energy lease sales for the outer continental shelf. Power Auctions subsequently won the contract to design and implement the auction platform. Six auctions have been conducted so far. The 2016 auction for a lease area offshore New York, raised a record amount of about $42 million.
      Read more
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