Deloitte: Asked to Provide Auction Solution to the Clean Energy Regulator

Professional services firm Deloitte has been selected by the Clean Energy Regulator to provide an Auction Solution to support auctioning of carbon units in accordance with the Clean Energy Act 2011. Deloitte’s solution will incorporate software from Victorian technology developer Tradeslot.

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 and the project will be led by Branko Panich, a partner in Deloitte Consulting’s technology practice.

The Deloitte solution is based on the Tradeslot auction system. The managed service will also provide the ability for reliable integration between each of the operating parties, as well as providing the Clean Energy Regulator with secure access to the trading system for auction monitoring.

The first auction of carbon units will take place in the first half of 2014 and will be conducted by the Clean Energy Regulator.