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3rd ERF Auction Results


Source: Clean Energy Regulator, 6 May 2016

The third Emissions Reduction Fund auction was held on Wednesday 27 and Thursday 28 April 2016.

At that auction the Clean Energy Regulator:
- Committed to purchase 50,471,310 tonnes of abatement on behalf of the Commonwealth.
- The average price per tonne of abatement is $10.23.
- 73 contracts were awarded.
- Contracts were awarded to 33 contractors covering 73 projects.
- The total value of contracts awarded at this auction is $516 177 598.
- The largest single contract is for 15 million tonnes of abatement and the smallest is for 5383 tonnes of abatement.

Read More HERE