RepuTex analysis indicates that many bidders – particularly larger projects bidding over 500,000 Australian Carbon Credit Units – may have sold themselves short at the first Emissions Reduction Fund auction by contracting at prices well below the average price of abatement disclosed by the Clean Energy Regulator, and well off the pace of the highest clearing price. This is a cautionary tale for industry, with the Regulator’s tolerance for high contract prices suggesting considerable scope for firms to extract greater value for their abatement if they are sophisticated in understanding market dynamics and patient enough to optimise value.
You must be registered to view this report.
Explore our Insights & Data
Explore our research insights, forecasts & data centre for the Emissions Reduction Fund and Australian Emissions Market.