First Emissions Reduction Fund auction ends

AS AT 5pm AEST Thursday April 16, 2015, the bidding window has officially closed for the first Emissions Reduction Fund auction.

In line with the auction guidelines, the Clean Energy Regulator has five business days to compile and publish the outcomes from the auction.

All bidders will be notified of the outcome of their bid and the auction results will be published on our website by 2pm on Thursday  April 23, 2015.

No information will be released before this date.

The Clean Energy Regulator will publish:

• the total volume of abatement to be delivered by the successful bidders
• the average price per tonne of abatement and,
• for each successful bid:
• the name of the contractor
• the project(s) covered by the contract
• the volume of abatement committed under the contract
• the duration of the contract.

Chloe Munro, Chief Executive Officer and Chair of the Clean Energy Regulator, will be available for media interviews on Thursday April 23, 2015.

www.cleanenergyregulator.gov.au

ends