This page provides the guidance material and forms you need to qualify for auction participation and register your project to participate in an auction. It also provides a copy of the standard terms of the Carbon Abatement Contract you will enter into if successful at an auction, as well as supporting material for the contract.
The third Emissions Reduction Fund auction will be held on 27 and 28 April 2016.
More information and guidance material for the third auction will be made available shortly. Information should be used as a guide only.
We have delivered a webinar that provides an overview of the requirements for contracts and auctions under the Emissions Reduction Fund.
contracts and auctions webinar.
This form must be used to apply to qualify to participate in an Emissions Reduction Fund auction for the project(s) specified in your application.
Through this form you will also be making an offer to the Clean Energy Regulator to enter into a Carbon Abatement Contract on behalf of the Commonwealth of Australia relating to the project(s), and providing the
commercial terms of that offer.
You can apply online using the
Clean Energy Regulator Client Portal.
We have provided a sample to assist you in your planning and completion of the form.
This form must be used to apply to register to participate in an Emissions Reduction Fund auction for the project(s) covered by your application.
Through this form you will also provide the
delivery terms of your offer for the project(s) to the Clean Energy Regulator.
This form can be used to appoint an authorised bidder in addition to the authorised bidder(s) appointed by you when you completed the auction qualification form. You can also use this form to remove any appointed authorised bidder.
An authorised bidder appointed for a participant and a project has authority to:
Bidding in an auction for a project(s) is the third stage in establishing your Carbon Abatement Contract. If you wish to bid, you must provide the
financial terms of your offer for the project to the Clean Energy Regulator using the auction bid form.
The Clean Energy Regulator will email all authorised bidders an Approach to Market identifier (ATM-ID) and passcode. This ATM-ID and passcode will be required by you to locate and access the auction’s restricted Approach to Market (ATM) in AusTender during the bidding window for the auction. The email will contain the attached and partially pre-populated auction bid form, which will contain:
The ONLY requirement will be to enter the unit price in numbers to complete the auction bid form.
Bidding process once the Auction Qualification and Auction Registration forms have been successfully approved:
Important note: The document downloadable through the link provided below is a sample form only as the official auction bid form will be emailed to authorised bidders prior to the bidding window. The completed form must be submitted via the AusTender system – it must not be mailed or emailed outside of AusTender.
This webinar provides information about how to use AusTender to take part in an Emissions Reduction Fund auction.
How to use AusTender to take part in an auction webinar.
Auction guidelines have been produced to help you understand the auction process. We will conduct auctions in accordance with these guidelines.
This guide will assist you to bid in an Emissions Reduction Fund auction through the AusTender online bidding platform. Each bid made at auction will relate to one or more project(s) registered for the Emissions Reduction Fund auction. This guide assumes that you are an authorised bidder for a particular auction in relation to a project(s). As an authorised bidder, you may wish to enter into a separate contract for another project or group of projects.
We have developed standard terms for a Carbon Abatement Contract that successful bidders will enter into. These are known as the code of common terms.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.