Once you have qualified to participate in an auction, you may register your project for an auction. Auction registration is the next step in the auction and contract establishment process, and commits you to the
delivery terms of the carbon abatement contract. The delivery terms provide information about the number of Kyoto Australian carbon credit units (ACCUs) you will deliver, and when you will deliver them.
Your auction registration application must be submitted through the
client portal at least five business days before an auction.
During auction registration you will commit to:
- a contract term from 1–10 years, depending on your project method.
- The contract term can be up to 10 years if your project’s crediting period is more than 10 years, or up to 7 years for all other projects.
- the total quantity of Kyoto ACCUs that you will deliver under the contract. This should be less than or equal to the indicative quantity you submitted auction qualification. If you need to increase the quantity you indicated during auction qualification you will be required to provide evidence to support the increase.
- a
delivery schedule, which outlines the dates and quantity of Kyoto ACCUs that are to be delivered.
The
auction guidelines for each auction may place limits on the quantity you can deliver. You should familiarise yourself with these before proposing a delivery schedule.