Efficient Auctions LLC

Efficient Auctions is a provider of intellectual property for advanced auction applications.  Efficient Auctions owns a proprietary auction software system which is being used to operate the quarterly EDF (Electricité de France) Generation Capacity Auctions in France, the quarterly Electrabel VPP Capacity Auctions in Belgium, and the annual Ruhrgas Gas Release Programme Auction in Germany. The software was also used to operate the Emissions Trading Scheme Auction in the United Kingdom — the world’s first auction for reducing greenhouse gas emissions.  Efficient Auctions owns three U.S. patents related to dynamic auctions, and has other European and U.S. patents pending.

On this web site, you will find short descriptions of recent projects that we have undertaken with our partner firms, Market Design Inc. and IBM Business Consulting Services.

Contact us for further information.