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Participating in an auction

12 October 2017

Before deciding whether to participate in an Emissions Reduction Fund auction, you should read and understand the auction guidelines, 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 carbon 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:

Sixth Emissions Reduction Fund auction

The Clean Energy Regulator will hold the sixth Emissions Reduction Fund auction on Wednesday 6 and Thursday 7 December 2017.

The documentasset::Guidelines for the sixth auction provides information about how it will be conducted.

Timeline for the sixth auction

Key eventsTimelineDate
Project applications must be received30 business days before the auction25 October 2017 (midnight AEDT)
Auction qualification applications must be received20 business days before the auction8 November 2017 (midnight AEDT)
Auction registration applications must be receivedFive business days before the auction29 November 2017 (midnight AEDT)
New project applications must be declared as eligible projects by this dateFive business days before the auction29 November 2017 (5pm AEDT)
Auction bidding windowFrom 9am AEDT until 5pm AEDT the following day6 December 2017 (9am AEDT) to 7 December 2017 (5pm AEDT)
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