The Minister for Climate Change and Energy revoked the Avoided Deforestation 1.1 method under the Australian Carbon Credit Unit scheme, previously known as the Emissions Reduction Fund, on 14 February 2023.
The Avoided Deforestation 1.1 method previously credited emissions reductions to landholders who protected native forest rather than permanently converting them to cropland or grassland.
If you submitted a project registration application on or before 14 February 2023, or have an existing project, you are eligible to apply to qualify for Australian carbon credit unit (ACCU) auction 15. Auction 15 will be held on 29 and 30 March 2023.
The Emissions Reduction Fund (ERF) auction 15 guidelines are now available. These guidelines outline how the Clean Energy Regulator will conduct this auction.
The Minister for Climate Change and Energy revoked the Industrial electricity and fuel efficiency (IEFE) method under the Emissions Reduction Fund on 11 January 2023. IEFE has been replaced with a new and improved method that was developed based on stakeholder feedback.
The Clean Energy Regulator will close for the holiday period on Friday 23 December 2022 and will reopen on Tuesday 3 January 2023.
Please email enquiries@cleanenergyregulator.gov.au with any queries, and we will respond on our return to the office in 2023.
Media enquiries (only) should be directed to 02 6159 3448.
The Clean Energy Regulator's (CER) September Quarterly Carbon Market Report (QCMR) highlights the start of increasing rooftop solar PV installations from August, paving the way for a boost to small-scale renewables going into Q4.
According to the report, an estimated 729 megawatts (MW) of small-scale PV capacity was installed this quarter, an improvement from the first half of the year and almost back to the Q3 record level seen in 2021.
The Clean Energy Regulator will pilot a new geospatial data upload and validation process for Emissions Reduction Fund (ERF) projects.
Geospatial data is an important feature to demonstrate eligibility of area-based projects registered and reporting under the ERF. Geospatial information is required for most land sector projects because abatement is determined by the location and characteristics of the land where the project mechanism occurs.
The Clean Energy Regulator (CER) is pleased to announce the Emissions Reduction Fund’s 15th Auction will be held on 29 and 30 March 2023.
Holding the next ERF auction early in 2023 recognises that this is a dynamic time for Australia’s carbon market and there are a number of relevant policy processes in train, including:
The second pilot window for the fixed delivery exit arrangement is now open. Exit applications can now be made for Australian Carbon Credit Unit (ACCU) deliveries scheduled from 1 July 2022 to 31 December 2022.
This window continues the pilot of the exit arrangements and the Government will further consider its future use in light of the final Safeguard Mechanism design and the Independent Review of ACCUs.