Once you are qualified to take part in an Emissions Reduction Fund auction you must register to participate in each auction.
The auction registration process commits you to the delivery terms of the carbon abatement contract. During auction registration you will provide information about:
You may also nominate an
authorised bidder during auction registration.
We will not register a participant for an auction if:
You must submit an auction registration form for the auction that you wish to participate in. Auction registration must be submitted through the client portal.
Your auction registration form must be received at least 5 business days before the date of the auction you are registering for. We will review the information you provide to us and notify you if you are registered to take part in the auction.
You can revise the information you provide in your auction registration up to 5 days before the auction. No revisions or registrations will be accepted after 5 days before the auction.
You will need to nominate a
delivery schedule for the ACCUs you will earn from your project. The delivery schedule will require you to deliver a certain amount of ACCUs to the Clean Energy Regulator at nominated points in time.
The delivery schedule is binding. The contract does not allow you to vary the delivery schedule, except in the event of a
delivery failure or
force majeure. You may be able to vary your delivery schedule by
completing a notice and providing it to the Clean Energy Regulator.
At the time that you register to participate in an auction, you must also nominate an authorised bidder(s) to submit an auction registration application and bid on your behalf.
The authorised bidder can bid at auction and complete future auction registration.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.