Power Auctions is a leading provider of consulting and software development services for high-stakes online auctions.
-
Type
-
Corp
-
BHP Billiton
BHP Billiton
Australian company BHP Billiton is a global leader in the resources sector and is leading the way in the diamond industry by auctioning their entire annual production of Canadian rough diamonds. We worked closely with their Antwerp office to design and implement all their auctions.
Read more -
DONG Energy
DONG Energy
For Danish Oil and Natural (DONG) Energy, we implement an annual gas transportation services auctions for a total volume of 2 TWh of energy annually.
Read more -
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
Since 2006, we provide auction implementation services for a complex auction selling 7.5 TWh of energy annually.
Read more -
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 2003-2008, we conducted annual natural gas auctions for a total of over 125 TWh of energy for German utility E.ON Ruhrgas. -
EDF
EDF
For Electricité de France, we have operated quarterly auctions since 2001, for an average of 5.7GW.
Read more -
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.
-
-
Government
-
Spain CNE
Spain CNE
In 2008, we implemented two Virtual Power Plant auctions for Spain's Comisión Nacional de Energía. -
FCC
FCC
For the US Federal Communications Commission, we advised on a number of occasions regarding auction design. -
US FAA
US FAA
In 2008, we designed and developed an auction platform for selling airport departure slots for New York's three airports. -
UK Ofcom
UK Ofcom
For Ofcom in the UK, we designed a combinatorial clock auction used in all its recent spectrum auctions. -
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.
-
-
NGO
-
ICANN
In 2008 and 2009, we advised the Internet Corporation for Assigned Numbers and Names (ICANN) on several auction designs, including one for selling new gTLDs. -
ISO - New England
For ISO New England, we custom designed and implemented a complex auction for procuring all of New England's electricity, totaling 32.3GW. Since 2008, 3 auctions have been conducted.
Read more -
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.
-
-
-
Country
-
Australia
-
BHP Billiton
BHP Billiton is a global leader in the resources sector and is leading the way in the diamond industry by auctioning their entire annual production of Canadian rough diamonds. We worked closely with their Antwerp office to design and implement all their auctions.
Read more -
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.
-
-
Belgium
-
BHP Billiton
Australian company BHP Billiton is a global leader in the resources sector and is leading the way in the diamond industry by auctioning their entire annual production of Canadian rough diamonds. We worked closely with their Antwerp office to design and implement all their auctions.
Read more -
Electrabel
For Electrabel, we conducted a total of 7 Virtual Power Plant (VPP) Auctions for 1.2GW of generating capacity.
-
-
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 implement an annual gas transportation services auctions for a total volume of 2 TWh of energy annually.
Read more
-
-
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
For the US Federal Communications Commission, we advised on a number of occasions regarding auction design. -
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 32.3GW. Since 2008, 3 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
-
-
Hungary
-
E.ON Földgáz
Since 2006, we provide auction implementation services for a complex auction selling 7.5 TWh of energy annually.
Read more
-
-
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 2003-2008, we conducted annual natural gas auctions for a total of over 125 TWh of energy for German utility E.ON Ruhrgas.
-
-
France
-
EDF
EDF
For Electricité de France, we have operated quarterly auctions since 2001, for an average of 5.7GW.
Read more -
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.
-
-
United Kingdom
-
UK Ofcom
For Ofcom in the UK, we designed a combinatorial clock auction used in all its recent spectrum auctions. -
Total Gas & Power
In 2004, we held an auction for Total Gas & Power, selling 0.5TWh of energy. -
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.
-
-
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.
-
-
Singapore
-
Singapore IDA
For Infocomm Development Authority of Singapore, we designed a spectrum auction.
-
-
-
Industry
-
Resources
-
BHP Billiton
Australian company BHP Billiton is a global leader in the resources sector and is leading the way in the diamond industry by auctioning their entire annual production of Canadian rough diamonds. We worked closely with their Antwerp office to design and implement all their auctions.
Read more -
US FAA
In 2008, we designed and developed an auction platform for selling airport departure slots for New York's three airports. -
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.
-
-
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 have operated quarterly auctions since 2001, for an average of 5.7GW.
Read more -
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 32.3GW. Since 2008, 3 auctions have been conducted.
Read more
-
-
Gas
-
DONG Energy
DONG Energy
For Danish Oil and Natural (DONG) Energy, we implement an annual gas transportation services auctions for a total volume of 2 TWh of energy annually.
Read more -
E.ON Földgáz
E.ON Földgáz
Since 2006, we provide auction implementation services for a complex auction selling 7.5 TWh of energy annually.
Read more -
E.ON Ruhrgas
E.ON Ruhrgas
From 2003-2008, we conducted annual natural gas auctions for a total of over 125 TWh of energy for German utility E.ON Ruhrgas. -
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
For the US Federal Communications Commission, we advised on a number of occasions regarding auction design. -
ICANN
ICANN
In 2008 and 2009, we advised the Internet Corporation for Assigned Numbers and Names (ICANN) on several auction designs, including one for selling new gTLDs. -
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.
-
-
ofcom
-
UK Ofcom
For Ofcom in the UK, we designed a combinatorial clock auction used in all its recent spectrum auctions.
-
-
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.
-
-
No other organization can match the depth and breadth of our experience and success in high-stakes auctions. For over a decade, we have been the leading innovators in the field. We have managed the successful design and execution of more than 80 specialized auctions worldwide, for corporations, governments, and non-governmental organizations.
Please use the navigator above for a larger picture of varied applications we currently cater to.
Market Leader in
Clock Auctions
Our firm has been the leading innovator in the design of clock auctions and our software has been used to run the majority of high-stakes clock auctions held worldwide to date. Most notably, we designed and provided the software for the first commercial implementation of a simultaneous clock auction, in 2001 for the French utility EDF, and we have continued to operate these auctions quarterly. Our proprietary Intra-Round Bidding technology allows a significant reduction in the number of rounds in an auction while improving efficiency and revenues. We have been awarded nine US patents for our auction technology and have other applications pending.
Simultaneous Multiple-Round Auctions (SMRA)
Using our PowerAuctions™ software platform, we have built a modern implementation of the simultaneous multiple-round auction. The SMRA design is the auction format that has been used for most spectrum auctions worldwide since 1994. We offer the most innovative and effective SMRA software available anywhere. Aside from being a leading solution for spectrum regulators, our software is frequently used by mobile telephone providers and their advisors for use as a bidder training and simulation tool.
Combinatorial Auctions and
New Designs
We have implemented a number of innovative new auction designs that are based on our economists' research work and have been used for auctions in new fields such as aviation, as well as in established fields such as telecommunications. Our software team is very experienced implementing the economics principles underlying auction design and are able to customize the software to support new auction designs and rules efficiently and reliably.