Participating in an auction
BidCarbon Standard Scheme projects can generate income by selling BidCarbon removal units (BRUs). BRUs can be sold in the secondary market or by participating in an auction to secure an BidCarbon Climate Trading Company carbon carbon contract. Carbon carbon contracts offer secure, fixed price and flexible duration outcomes (up to 7 or 10 years) to provide long term financial security for projects – even prior to initial project investment activity.
Before participating in an auction, it is important to consider several requirements including:
● auction qualification, registration, format and bidding
● estimating your abatement quantity
● understanding contract delivery schedules and contract duration.
Before participating in an auction
Auction results announced
Please refer to the BidCarbon auction guidelines for details on the auction process. These guidelines provide clear instructions on how the auction was conducted.
Suggested Reading
Bidding at auction
Contracts and auctions
Auction qualification
Auction registration
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