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Step 2 – Contract establishment and auctions

18 December 2015
ERF

 

Important information

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 has announced that the third Emission Reduction Fund auction will be held on the 27 and 28 April 2016. 

The documentasset:Guidelines for the third ERF 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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