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Participating in an auction

01 August 2019

Before deciding whether to participate in an Emissions Reduction Fund auction, you should read and understand the documentasset::Guidelines for the ninth auction, and the documentasset::Code of Common Terms in the carbon abatement contract. You may wish to seek legal or other advice to determine whether you wish to participate. It is important to do this in advance of the auction as you will automatically enter into a carb​on abatement contract with the Clean Energy Regulator on behalf of the Commonwealth of Australia if your bid is accepted.

Once you have decided to participate in an auction there are four key steps:

​Ninth Emissions Reduction Fund auction​

The Clean Energy Regulator held the ninth Emissions Reduction Fund auction on Wednesday 24 and Thursday 25 July 2019.

The documentasset::Guidelines for the ninth auction provides information on how it was conducted.

Timeline for the ninth auction

Key eventsTimelineDate
Project registration application deadline30 business days before the auction11 June 2019 (midnight AEST)
Auction qualification application deadline25 business days before the auction18 June 2019 (midnight AEST)
Auction registration application deadlineFive business days before the auction16 July 2019 (midnight AEST)
Closing time for declaration of eligible projectsFive business days before the auction16 July 2019 (midnight AEST)
Auction window24 July 2019 (9am AEST) to
25 July 2019 (5pm AEST)
Results released, authorised bidder notified and average price per tonne of abatement publishedBy the end of five business days after auction close1 August 2019

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