The
Clean Energy Regulator has announced that it will hold the third Emissions Reduction Fund auction for carbon abatement contracts on Wednesday 27 and Thursday 28 April 2016.
The April 2016 auction will follow the same format as the second auction, in a single-round pay-as-bid auction. The Clean Energy Regulator will purchase between 50 and 100 per cent of the abatement on offer below the benchmark price. Auction guidelines detailing the process will be released prior to Christmas.
Further information is available on Planning for an auction.