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Top tips for preparing for the eighth auction

19 November 2018

If you are successful at the eighth Emissions Reduction Fund auction, you will automatically enter into a carbon abatement contract with the Clean Energy Regulator, and it is important that you understand what the contract entails before you bid.

Top tips to get prepared:

  • Familiarise yourself with the auction guidelines and the code of common terms.
  • Consider your delivery terms and delivery schedule—you will need to determine when your project can deliver Australian carbon credit units (ACCUs), and the quantity of ACCUs to be delivered by those dates, taking into account whether you intend to allocate the full or partial quantities of expected ACCUs from your project. You should allow sufficient time for you to audit, report and receive units at the end of each reporting period. To help you establish a contract delivery schedule, the Clean Energy Regulator has developed an interactive delivery schedule calculator.

Registration for the eighth Emissions Reduction Fund auction, to be held on 10–11 December 2018, will close midnight, Friday 30 November 2018 (AEDT). Auction registration is completed through the Client Portal.

For more information, see auction registration and participating in an auction.

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