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Participating in an auction

19 January 2023

Up to $5000 advance to support Soil Method baseline sampling costs for soil carbon projects

An advance payment worth up to $5,000 is available through a pilot program for eligible Emissions Reduction Fund (ERF) projects to help with upfront costs of soil sampling.

Key Features

See more information on the advance to support soil method baseline sampling.

Emissions Reduction Fund auction 15 announced

The Clean Energy Regulator will hold the Emission Reduction Fund auction 15 on Wednesday 29 and Thursday 30 March 2023.

Read the documentasset:Guidelines for the ERF auction 15. These guidelines detail how we will conduct this auction.

Timeline for the auction 15

Key events Timeline Date*
Project registration application deadline
31 business days prior to the auctionTuesday 14 February 2023 (11:59 pm)*
Auction qualification application deadline
26 business days prior to the auctionTuesday 21 February 2023 (11:59 pm)**
Auction registration application deadline
5 business days prior to the auctionWednesday 22 March 2023 (11:59 pm)*
Closing time for declaration of eligible projects5 business days prior to the auctionWednesday 22 March 2023 (11:59 pm)*
Auction window
2 daysWednesday 29 March (12:01 am)*
to
Thursday 30 March 2023 (5:00 pm)*
Results released, authorised bidder notified and average price per tonne of abatement published​-
As soon as possible following auction close


* All times are given as local time in the Australian Capital Territory, which will be operating under Australian Daylight Saving (AEDT).

** New applicants to the scheme who are party to a trust or company may be subject to third party assessment and should submit their auction qualification prior to the deadline to maximise the time available if further information is required.


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