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Climate Solutions Fund > News and update - details

11th Emissions Reduction Fund auction results

18 September 2020

The 11th Emissions Reduction Fund auction was held on Wednesday 9 and Thursday 10 September 2020.

At the 11th auction:

  • the Clean Energy Regulator committed to purchase 7 million tonnes of abatement on behalf of the Commonwealth
  • average price per tonne of abatement purchased at the auction was $15.74:
    • $15.77 for optional delivery, and
    • $15.53 for fixed delivery.
  • 35 contracts were awarded for 33 projects with two projects securing both an optional and fixed delivery contract, and
  • The value of all contracts awarded was $110.3 million.
The contracts table and project register have been updated to reflect the 11th auction results.

See the 11th Emissions Reduction Fund auction results for more information.


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