The third Emissions Reduction Fund auction will be held 27 and 28 April 2016.
Below is important information that you will need to know to participate in the third auction.
Information to be published
Timeline for third auction
Third auction dates
Auction date(s) and bidding window published
By no later than six weeks before the auction.
07 December 2015
Auction format and minimum bid size published
By approximately ten weeks before the auction
By 18 December 2015
Project registration closes
30 business days before the auction
9 March 2016 (midnight AEDT)
Auction qualification closes
20 business days before the auction
24 March 2016 (midnight AEDT)
Auction registration closes
Five business days before the auction
18 April 2016 (midnight AEST)
9am 27 April 2016 to 5pm 28 April 2016 (AEST)
Each participant and authorised bidder notified of their results
By the end of five business days after auction close
Average price per tonne of abatement (APTA) published
To participate in an auction you must complete the following steps:
Before you participate in an auction:
Consider your business model and bidding strategy. Some things to consider include:
auction registration application through the
Note the auction bidding platform and process will be advised to auction participants by email prior to the auction.
The best strategy to succeed at auction is to price your project realistically and to bid the lowest price at which it is worth your while to undertake the project.
Participants who have made successful bids will be notified of the acceptance of their offers by the Clean Energy Regulator and their contracts will automatically commence. Unsuccessful participants will also be notified.
After all participants have been notified the Clean Energy Regulator will publish
auction results which will include:
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.