20086 Federal Register / Vol. 60, No. 78 / Monday, April 24, 1995 / Notices

Dated: April 13, 1995.

Joseph K. Alexander,

Acting Assistant Administrator for Research

and Development.

[FR Doc. 95–10062 Filed 4–21–95; 8:45 am]

BILLING CODE 6560–50–M

[FRL–5195–4]

Clean Air Act; Acid Rain Provisions

AGENCY: Environmental Protection

Agency.

ACTION: Notice of the 1995 EPA SO2

allowance auctions results.

SUMMARY: Pursuant to Title IV of the

Clean Air Act and 40 CFR part 73, the

EPA is responsible for implementing a

program to reduce emissions of sulfur

dioxide (SO2), a precursor of acid rain.

The centerpiece of the SO2 control

program is the allocation of transferable

allowances, or authorizations to emit

SO2, which are distributed in limited

quantities to existing utility units and

which eventually must be held by

virtually all utility units to cover their

SO2 emissions. These allowances may

be transferred among polluting sources

and others, so that market forces may

govern their ultimate use and

distribution, resulting in the most costeffective sharing of the emissions

control burden. EPA is directed under

section 416 of the Act to conduct annual

sales and auctions of a small portion of

allowances (2.8%) withheld from the

total allowances allocated to utilities

each year. Sales and auctions are

expected to stimulate and support the

allowance market and to provide a

public source of allowances,

particularly to new units for which no

allowances are allocated. In the Fall of

1992, EPA delegated the administration

of the EPA allowance auctions and sales

to the Chicago Board of Trade (CBOT).

Today, the Acid Rain Division is giving

notice of the results of the third annual

SO2 allowance auctions that were

conducted by the CBOT on March 27,

1995.

For rules governing the conduct of the

auctions and sales see 40 CFR Part 73,

Subpart E.

I. Offers

A. Total Allowances Available for

Auction

In the spot auction (year 1995

allowances sold), a total of 58,306

allowances were offered for sale: 50,000

that were withheld from the utilities

and an additional 8,306 that were

voluntarily contributed from utilities. In

the 6-year advance auction (year 2001

allowances sold), a total of 32,000

allowances were offered for sale: 25,000

that were unsold from the 1994 direct

sale and an additional 7,000 that were

contributed from utilities. In the 7-year

advance auction (year 2002 allowances

sold), a total of 107,000 allowances were

offered for sale: 100,000 that were

withheld from the utilities and an

additional 7,000 that were contributed.

The minimum prices that utilities

would accept for their contributed

allowances are listed in Table 1.

TABLE 1.—OFFER DATA FOR THE

1995 AUCTIONS

SPOT AUCTION OFFERS (1995)

Minimum

price Quantity Cumulativetotal

* * * * * 600 600

$135.00 102 702

$140.00 102 804

$145.00 102 906

$145.00 600 1,506

$150.00 2,500 4,006

$155.00 2,500 6,506

$160.00 600 7,106

$170.00 600 7,706

$180.00 600 8,306

* 600 allowances, with offer prices equal to

or less than $130.00, were sold at $130.00.

6-YEAR ALLOWANCE AUCTION OFFERS

(2001)

Minimum

price Quantity Cumulativetotal

* * * * * 400 400

$140.00 400 800

$160.00 400 1,200

$180.00 400 1,600

$199.00 2,000 3,600

$200.00 400 4,000

$299.00 2,000 6,000

$399.00 1,000 7,000

* Three allowances, with offer prices equal

to or less than $129.00, were sold at $129.00

and 397 allowances, with offer prices equal to

or less than $128.00, were sold at $128.00.

7-YEAR ALLOWANCE AUCTION OFFERS

(2002)

Minimum

price

Quantity cumulative Total

* * * * * 400 400

$135.00 * 400 800

$155.00 400 1,200

$175.00 400 1,600

$195.00 2,000 2,000

$199.00 2,000 4,000

$299.00 1,000 6,000

$399.00 6,200 7,000

* 400 allowances, with offer prices equal to

or less than $126.00, were sold at $126.00.

II. Bids

A. Spot Auction Results

CBOT received 89 bids requesting

255,371 year 1995 allowances. There

were 46 successful bids and 50,600

allowances were sold (50,000 withheld

and 600 contributed). Spot auction

proceeds totaled $6,676,386.

Per EPA regulations, unsuccessful

bidders’ names are not revealed.

TABLE 2.—SPOT AUCTION BIDS (1995)

Bid Quantity Bidder’s name Cumulative

total

$350.00 1 New England School of Law Environmental Law Society ...................................................................... 1

$210.00 1 Environmental Law Students Association ............................................................................................... 2

$200.00 1 Environmental Law Students Association ............................................................................................... 3

$200.00 1 Thomas M. Cooley Environmental Law Society ..................................................................................... 4

$200.00 5 University of Michigan Environmental Law Society ................................................................................ 9

$180.00 1 Hamline University School of Law .......................................................................................................... 10

$176.00 1 Duke University School of the Environment ........................................................................................... 11

$170.00 1 Hamline University School of Law .......................................................................................................... 12

$170.00 1 Michael S. Hamilton ................................................................................................................................ 13

$160.00 1 Pollution Retirement Center .................................................................................................................... 14

$153.00 1 L.J. O’Callaghan, Sr. ............................................................................................................................... 15

$151.00 21 IN.H.A.L.E./Glens Falls, NY Middle School ............................................................................................ 36

$150.00 2 Electric Software Products/David Gloski ................................................................................................. 38

$150.00 2 Electric Software Products/Alexander Long ............................................................................................ 40

$150.00 1 University of Maryland School of Law .................................................................................................... 41
Federal Register / Vol. 60, No. 78 / Monday, April 24, 1995 / Notices 20087

TABLE 2.—SPOT AUCTION BIDS (1995)—Continued

Bid Quantity Bidder’s name Cumulative

total

$146.00 5 National Healthy Air License Exchange .................................................................................................. 46

$142.00 10 National Healthy Air License Exchange .................................................................................................. 56

$141.00 50 Sam Peltzman Revocable Trust ............................................................................................................. 106

$140.00 15 National Healthy Air License Exchange .................................................................................................. 121

$137.00 30 National Healthy Air License Exchange .................................................................................................. 151

$136.00 500 Hoosier Energy REC, Inc./Frank E. Ratts Plant Unit 1SG1 ................................................................... 651

$136.00 500 Hoosier Energy REC, Inc./Frank E. Ratts Plant Unit 2SG1 ................................................................... 1,151

$136.00 1,000 PECO Energy Company ......................................................................................................................... 2,151

$136.00 2,000 Virginia Power ......................................................................................................................................... 4,151

$135.00 500 Marine Coal Sales Company .................................................................................................................. 4,651

$135.00 30 National Healthy Air License Exchange .................................................................................................. 4,681

$135.00 1,000 PECO Energy Company ......................................................................................................................... 5,681

$134.00 1,000 PECO Energy Company ......................................................................................................................... 6,681

$133.00 5,000 Cantor Fitzgerald Brokerage, L.P. .......................................................................................................... 11,681

$133.00 4,000 Duke Power Company ............................................................................................................................ 15,681

$133.00 30 National Healthy Air License Exchange .................................................................................................. 15,711

$133.00 1,000 PECO Energy Company ......................................................................................................................... 16,711

$133.00 2,000 Virginia Power ......................................................................................................................................... 18,711

$132.00 12 CATEX Vitol Electric Inc. ........................................................................................................................ 18,723

$132.00 4,250 Duke Power Company ............................................................................................................................ 22,973

$132.00 1,000 PECO Energy Company ......................................................................................................................... 23,973

$131.00 3,000 Cantor Fitzgerald Brokerage, L.P. .......................................................................................................... 26,973

$131.00 2,952 Detroit Edison Company ......................................................................................................................... 29,925

$131.00 4,500 Duke Power Company ............................................................................................................................ 34,425

$131.00 1,000 PECO Energy Company ......................................................................................................................... 35,425

$131.00 2,000 Virginia Power ......................................................................................................................................... 37,425

*$130.00 15 National Healthy Air License Exchange .................................................................................................. 37,440

*$130.00 4,000 Canterbury Coal Company ...................................................................................................................... 41,440

*$130.00 2,000 PECO Energy Company ......................................................................................................................... 43,440

*$130.00 5,000 Duke Power Company ............................................................................................................................ 48,440

*$130.00 **25,000 Allowance Holdings Corporation ............................................................................................................. 73,440

*$130.00 5,000 .................................................................................................................................................................. 78,440

*$130.00 500 .................................................................................................................................................................. 78,940

$129.00 6,000 .................................................................................................................................................................. 84,940

$129.00 2,000 .................................................................................................................................................................. 86,940

$128.00 8,000 .................................................................................................................................................................. 94,940

$128.00 5,000 .................................................................................................................................................................. 99,940

$128.00 2,000 .................................................................................................................................................................. 101,940

$128.00 2,000 .................................................................................................................................................................. 103,940

$127.00 10,500 .................................................................................................................................................................. 114,440

$127.00 10 .................................................................................................................................................................. 114,450

$127.00 5,000 .................................................................................................................................................................. 119,450

$127.00 1,000 .................................................................................................................................................................. 120,450

$126.00 7,750 .................................................................................................................................................................. 128,200

$126.00 8,000 .................................................................................................................................................................. 136,200

$126.00 2,000 .................................................................................................................................................................. 138,200

$125.00 15,000 .................................................................................................................................................................. 153,200

$125.00 120 .................................................................................................................................................................. 153,320

$125.00 500 .................................................................................................................................................................. 153,820

$125.00 1,250 .................................................................................................................................................................. 155,070

$125.00 50 .................................................................................................................................................................. 155,120

$125.00 1,000 .................................................................................................................................................................. 156,120

$124.00 1,000 .................................................................................................................................................................. 157,120

$123.00 5,000 .................................................................................................................................................................. 162,120

$123.00 1,000 .................................................................................................................................................................. 163,120

$122.00 1,000 .................................................................................................................................................................. 164,120

$121.00 10,000 .................................................................................................................................................................. 174,120

$121.00 3,000 .................................................................................................................................................................. 177,120

$121.00 2,000 .................................................................................................................................................................. 179,120

$121.00 1,000 .................................................................................................................................................................. 180,120

$120.00 2,000 .................................................................................................................................................................. 182,120

$120.00 1,000 .................................................................................................................................................................. 183,120

$119.00 10,000 .................................................................................................................................................................. 193,120

$118.00 1,250 .................................................................................................................................................................. 194,370

$118.00 5,000 .................................................................................................................................................................. 199,370

$117.00 10,000 .................................................................................................................................................................. 209,370

$115.00 2,000 .................................................................................................................................................................. 211,370

$115.00 10,000 .................................................................................................................................................................. 221,370

$115.00 1,200 .................................................................................................................................................................. 222,570

$112.00 15,000 .................................................................................................................................................................. 237,570

$111.00 1,250 .................................................................................................................................................................. 238,820
20088 Federal Register / Vol. 60, No. 78 / Monday, April 24, 1995 / Notices

TABLE 2.—SPOT AUCTION BIDS (1995)—Continued

Bid Quantity Bidder’s name Cumulative

total

$100.00 4,800 .................................................................................................................................................................. 243,620

$50.00 11,750 .................................................................................................................................................................. 255,370

$1.00 1 .................................................................................................................................................................. 255,371

*Per EPA auction regulations on breaking ties, bids at the same price that exceed the number of remaining allowances are awarded allowances by lottery, the result of which is reflected in the table. **Awarded a partial fill of 2,160 out of 25,000 (1,560 allowances from the EPA reserve and 600 offered allowances).

B. 6-Year Advance Auction Results

CBOT received 24 bids requesting 70,286 year 2001 allowances. Nine bids were successful and 25,400 allowances

were sold (25,000 withheld and 400 contributed). 6-Year advance auction proceeds totaled $3,319,026.

TABLE 3.—6-YEAR ADVANCE AUCTION BIDS (2001)

Bid Quantity Bidder’s name Cumulative

total

$160.00 1 University of Maryland School of Law .................................................................................................... 1

$150.00 1 University of Maryland School of Law .................................................................................................... 2

$150.00 1 Hamline University School of Law .......................................................................................................... 3

$133.00 4,000 Duke Power Company ............................................................................................................................ 4,003

$132.00 4,250 Duke Power Company ............................................................................................................................ 8,253

$131.00 4,500 Duke Power Company ............................................................................................................................ 12,753

$130.00 5,000 Duke Power Company ............................................................................................................................ 17,753

$129.00 7,250* Duke Power Company ............................................................................................................................ 25,003

$128.00 2,500** Virginia Power ......................................................................................................................................... 27,503

$126.00 656 .................................................................................................................................................................. 28,159

$126.00 1,260 .................................................................................................................................................................. 29,419

$126.00 2,500 .................................................................................................................................................................. 31,919

$124.00 2,500 .................................................................................................................................................................. 34,419

$123.00 718 .................................................................................................................................................................. 35,137

$121.00 1,677 .................................................................................................................................................................. 36,814

$120.00 2,500 .................................................................................................................................................................. 39,314

$116.00 1,883 .................................................................................................................................................................. 41,197

$111.00 2,089 .................................................................................................................................................................. 43,286

$70.00 1,000 .................................................................................................................................................................. 44,286

$67.00 10,000 .................................................................................................................................................................. 54,286

$66.00 5,000 .................................................................................................................................................................. 59,286

$65.00 5,000 .................................................................................................................................................................. 64,286

$64.00 5,000 .................................................................................................................................................................. 69,286

$63.00 1,000 .................................................................................................................................................................. 70,286

*This bid was awarded 7,247 allowances from the EPA reserve and 3 offered allowances.

**Awarded a partial fill of 397 offered allowances.

C. 7-Year Advance Auction Results

CBOT received 37 bids requesting 236,928 year 2002 allowances. Seventeen bids were successful and 100,400 allowances were sold (100,000 withheld and 400 contributed). 7-Year advance auction proceeds totaled $12,839,884.

TABLE 4.—7-YEAR ADVANCE AUCTION BIDS (2002)

Bid Quantity Bidder’s name Cumulative

total

$160.00 1 University of Maryland School of Law .................................................................................................... 1

$143.00 350 Paul Wedel .............................................................................................................................................. 351

$133.00 4,000 Duke Power Company ............................................................................................................................ 4,351

$132.00 4,250 Duke Power Company ............................................................................................................................ 8,601

$131.00 4,500 Duke Power Company ............................................................................................................................ 13,101

$130.00 5,000 Duke Power Company ............................................................................................................................ 18,101

$129.00 1,000 United Power Association ....................................................................................................................... 19,101

$129.00 6,000 Duke Power Company ............................................................................................................................ 25,101

$128.00 8,000 Duke Power Company ............................................................................................................................ 33,101

$128.00 5,000 Virginia Power ......................................................................................................................................... 38,101

$127.00 10,500 Duke Power Company ............................................................................................................................ 48,601

$127.00 30,000 Allowance Holdings Corporation ............................................................................................................. 78,601

$126.00* 5,000 Virginia Power ......................................................................................................................................... 83,601

$126.00* 1,000 United Power Association ....................................................................................................................... 84,601

$126.00* 5,041 Carolina Power & Light Company ........................................................................................................... 89,642

$126.00* 2,625 Carolina Power & Light Company ........................................................................................................... 92,267

$126.00* 11,000** Duke Power Company ............................................................................................................................ 103,267
Federal Register / Vol. 60, No. 78 / Monday, April 24, 1995 / Notices 20089

TABLE 4.—7-YEAR ADVANCE AUCTION BIDS (2002)—Continued

Bid Quantity Bidder’s name Cumulative

total

$125.00 10,500 .................................................................................................................................................................. 113,767

$124.00 8,000 .................................................................................................................................................................. 121,767

$124.00 5,000 .................................................................................................................................................................. 126,767

$123.00 6,000 .................................................................................................................................................................. 132,767

$123.00 2,873 .................................................................................................................................................................. 135,640

$122.00 5,000 .................................................................................................................................................................. 140,640

$121.00 900 .................................................................................................................................................................. 141,540

$121.00 4,500 .................................................................................................................................................................. 146,040

$121.00 6,710 .................................................................................................................................................................. 152,750

$120.00 10,538 .................................................................................................................................................................. 163,288

$120.00 4,250 .................................................................................................................................................................. 167,538

$120.00 5,000 .................................................................................................................................................................. 172,538

$119.00 4,250 .................................................................................................................................................................. 176,788

$118.00 4,250 .................................................................................................................................................................. 181,038

$116.00 7,535 .................................................................................................................................................................. 188,573

$111.00 8,355 .................................................................................................................................................................. 196,928

$61.00 10,000 .................................................................................................................................................................. 206,928

$60.00 10,000 .................................................................................................................................................................. 216,928

$59.00 10,000 .................................................................................................................................................................. 226,928

$58.00 10,000 .................................................................................................................................................................. 236,928

*Per EPA auction regulations on breaking ties, bids at the same price that exceed the number of remaining allowances are awarded allowances by lottery, the result of which is reflected in the table.

*Awarded a partial fill of 8,133 (7,733 allowances from the EPA reserve and 400 offered allowances).

Proceeds from all three auctions totaled $22,835,296, all of which will be returned to the utilities from which

allowances were withheld or offered, per EPA regulations.

FOR FURTHER INFORMATION CONTACT: Eugene Casey, EPA/OAP/Acid Rain Division (6204J), 401 M Street SW., Washington,

DC 20460 (202) 233–9194.

Dated: April 13, 1995.

Brian J. McLean,

Director, Acid Rain Division.

[FR Doc. 95–10060 Filed 4–21–95; 8:45 am]

BILLING CODE 6560–50–P

[FRL–5195–6]

Public Water System Supervision

Program Revision for the State of

Colorado

AGENCY: Environmental Protection

Agency (EPA).

ACTION: Notice.

SUMMARY: Public notice is hereby given

in accordance with the provisions of

section 1413 the Safe Drinking Water

Act as amended, 42 U.S.C. 300g–2, and

40 CFR Part 142, Subpart B-Primary

Enforcement Responsibility, that the

State of Colorado has revised its Public

Water System Supervision (PWSS)

Primacy Program. Colorado’s PWSS

program, administered by the Drinking

Water Section of the Colorado

Department of Public Health and

Environment, has adopted regulations

for surface water treatment, Phase II (7

inorganic and 26 organic chemicals),

Phase IIb (1 inorganic and 4 organic

chemicals), Phase V (5 inorganic and 18

organic chemicals), and lead and copper

that correspond to the National Primary

Drinking Water Regulations (NPDWR) in

40 CFR Part 141 for surface water

treatment (54 FR 27486–27541

published on June 29, 1989), Phase II 56

FR 3526–3597 published on January 30,

1991), Phase IIb (56 FR 30266–30281

published on July 1, 1991), Phase V

(Federal Register Vol. 57, No. 138, July

17, 1992, Pg. 31776–31849), and lead

and copper (56 FR 26460–26564

published on June 7, 1991). The

Environmental Protection Agency (EPA)

has completed its review of Colorado’s

primacy revisions and has determined

that they are no less stringent than the

NPDWRs. EPA therefore approves

Colorado’s primacy revisions for Surface

Water Treatment, Phase II, IIb, V, and

Lead and Copper Rules. This

determination shall become effective

May 24, 1995.

Any interested parties are invited to

submit written comments on this

determination, and may request a public

hearing on or before May 24, 1995. If a

public hearing is requested and granted,

this determination shall not become

effective until such time following the

hearing that the Regional Administrator

issues an order affirming or rescinding

this action.

Requests for a public hearing should

be addressed to: William P. Yellowtail,

Regional Administrator, c/o Marty

Swickard (8WM–DW), U.S.

Environmental Protection Agency,

Region VIII, 999 18th Street, Suite 500,

Denver, CO 80202–2466.

Frivolous or insubstantial requests for

a hearing may be denied by the Regional

Administrator. However, if a substantial

request is made within thirty (30) days

after this notice, a public hearing will be

held.

Any request for a public hearing shall

include the following: (1) The name,

address, and telephone number of the

individual, organization, or other entity

requesting a hearing; (2) a brief

statement of the requesting person’s

interest in the Regional Administrator’s

determination and of information that

the requesting person intends to submit

at such hearing; and (3) the signature of

the individual making the request, or, if

the request is made on behalf of an

organization or other entity, the

signature of the responsible official of

the organization or other entity.

Notice of any hearing shall be given

not less than fifteen (15) days prior to

the time scheduled for the hearing. Such

notice will be made by the Regional

Administrator in the Federal Register