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Step 2 – Contract establishment and auctions

16 August 2016
ERF

 

 

If you have commenced step one and applied for project registration, you are eligible to apply to enter into a contract with the Clean Energy Regulator to sell your Australian carbon credit units (ACCUs). The contract is a standardised sale and purchase agreement that commits the Clean Energy Regulator to purchase ACCUs, at the contracted price, with payment to be made a short time after delivery.

To secure a contract your project must be registered and you must have successfully participated in an auction run by the Clean Energy Regulator. The contracted price will be the price you bid in the auction. By providing information in accordance with these steps you are offering to enter into a contract with the Clean Energy Regulator, on behalf of the Commonwealth of Australia.​

Auctions

To participate in an auction, you must:

​Important Information

The Clean Energy Regulator will hold the fourth Emissions Reduction Fund auction on Wednesday 16 November and Thursday 17 November 2016.

The documentasset:Guidelines for the fourth ERF auction provide information about how the fourth auction will be conducted.

For key dates for the upcoming auction see Planning for an auction.

 

The documentasset:guidelines for the fourth auction provide information about how the third​ auction​ will be conducted, including information on auction schedules, eligibility, bidding, suspension and cancellation, participant disqualification and information publication.

Contracts

Make sure that you:

The documentasset:Carbon Abatement Contract v2.0 is a standard contract that all successful bidders will enter into.

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