The ninth Emissions Reduction Fund auction was held on Wednesday 24 and Thursday 25 July 2019.
At the ninth auction:
- the Clean Energy Regulator committed to purchase 59 thousand tonnes of abatement on behalf of the Commonwealth
- purchasing resulted in an average price per tonne of abatement of $14.17, which is the weighted average price for each Australian carbon credit unit purchased at this auction
- three contracts were awarded for three projects, and
- the value of all contracts awarded was $840,000.
See more information about contracts awarded at auction in the
carbon abatement contract table.
Summary of ninth auction results
The below infographic includes information about the key figures and results from the ninth auction.
Download the documentasset::Ninth auction results December 2018
Contract portfolio
The below infographic includes information across all auctions to date, referred to as the contract portfolio. This includes information about paid, committed and remaining funding under the Emissions Reduction Fund, total projects under contract and by state and territory, contracted abatement, number of contracts, average price per tonne of abatement per auction and across all auctions, total contracted abatement by method.
Download the documentasset::Ninth auction contract porfolio infographic 2019.
Scheme performance
The below infographic includes information about the percentage of abatement delivered by auction and across all auctions, total abatement delivered and remaining to be delivered, scheduled and delivered abatement across financial years, quantities of abatement delivered by method, and quantity of abatement delivered to date compared to scheduled deliveries.
Download the documentasset::Ninth auction scheme performance infographic 2019.
Probity assessment of the ninth Emission Reduction Fund auction
The Clean Energy Regulator engaged Protiviti Pty Ltd to assess and report on the probity of the ninth Emissions Reduction Fund auction.
Resources for July 2019 auction
These documents are for use with the July 2019 auction only.
Documentasset::Guidelines for the ninth Emissions Reduction Fund auction
documentasset::Code of common terms - version 3