An auctioning solution for development to support auctioning of carbon units

On 1 July 2015, the carbon pricing mechanism (CPM) will move to a flexible, market-driven approach.  As part of this approach, the Federal Government will issue a fixed number of carbon units each year.  Some of these carbon units will be sold at auction. The first auction of carbon units will take place in the first half of 2014 and will be conducted by the Clean Energy Regulator. 

The Federal Government has appointed Deloitte Touche Tohmatsu to provide an auction solution to support auctioning of carbon units.  Deloitte’s solution is expected to incorporate software from Tradeslot – a Victorian technology developer.  Deloitte will provide an auction solution to support this critical component of the flexible price period.

Deloitte was selected following an open Request for Tender (RFT) process in 2012.  The Federal Government advised that Deloitte’s application provided a high level of compliance with the RFT Statement of Requirements and presented the greatest value for money.  

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