Webinar: Reverse Auctions & Australia’s Energy Future

A two-part webinar series on the role of procurement processes in Australia’s low carbon energy future and the emerging hydrogen industry.

Reverse Auctions — a dynamic procurement process whereby several sellers offer goods or services to one buyer — are emerging as a powerful tool for Australia’s energy resources and renewable energy industries.

Used frequently internationally, this style of competitive reverse tendering is being utilised by some Australian Governments to help drive down costs and create local content supply chains. The ACT government have used the Reverse Auction process to achieve their commitment of a switch to 100 per cent renewable energy by 2020, and the process has also underpinned the construction of wind farms across Victoria, New South Wales and Victoria, along with three large-scale solar farms within the ACT.

However, despite its success internationally and in parts of Australia, Reverse Auctions are not currently commonly implemented across the rest of the country.

To explore their potential application for Australia’s energy sector and the potential benefits for local communities, NERA has collaborated with Simon Corbell, Chief Adviser at Energy Estate and former Deputy Chief Minister of the ACT, to present this two-part webinar that unpacks how Reverse Auctions work and explores how they can be used in Australia’s transition to a clean energy future and the emerging hydrogen industry.

Who should attend

  • State government procurement representatives
  • Private sector offtakers, investors and project developers

Webinar 1 | 27 August, 1pm AWST

During this webinar, Simon will outline the concept of Reverse Auctions and two key features of this process: Contracts for Difference (CfDs) and evaluation criteria (including requirements for local content). Simon will draw on examples from the use of these processes in wind and solar, including lessons learnt and how they can be used in other areas of Australia’s clean energy future, such as hydrogen.

Facilitated by NERA CEO Miranda Taylor, this one-hour webinar will feature:

  • An introduction and background on the concepts of Reverse Auctions and Contract for Difference (CfDs)
  • How the evaluation criteria is used for projects submitted through the Reverse Auctions process
  • The ongoing benefits to community of local content requirements and community benefit sharing
  • Lessons learnt from wind and solar Reverse Auctions
  • The potential role of CfDs and Reverse Auctions in supporting hydrogen development
  • Live Q&A

Register for Webinar 1 here.

Webinar 2 | 3 September, 1pm AWST

Building on the foundations of Reverse Auctions and their potential use in Australia’s renewable energy space (outlined in Webinar 1), this webinar will explore practical case study examples that have been part of this process. Hear from representatives of two renewables projects that were successful applicants of the Reverse Auctions process, who will share insights into what they did and why, their business outcomes, and the importance of local content requirements in the procurement process.

Facilitated by Simon Corbell, Chief Adviser at Energy Estate, and NERA GM Paul Hodgson, this one-hour webinar will feature:

  • Overview of the need for procurement requirements for local content
  • Case study deep dives
  • Discussion and Q&A

Register for Webinar 2 here.

About the Speakers

Simon Corbell, Chief Adviser, Energy Estate

​Simon has more than two decades of senior experience in public policy leadership, governance and implementation. He was most recently the Victorian Renewable Energy Advocate and from 2008-2016 was the Deputy Chief Minister and Minister for the Environment and Climate Change of the Australian Capital Territory. His advocacy for a strong climate change policy for Canberra saw the ACT achieve national and international recognition as a best-practice jurisdiction, on track for 100% renewable energy by 2020.

He is widely recognised as a leader in the areas of renewable energy, climate change mitigation and adaptation, urban sustainability and public transport. Simon is an Adjunct Professor at the University of Canberra, an Honorary Associate Professor at the ANU, and a Patron of the Smart Energy Council.

Miranda Taylor, CEO, NERA

Miranda is a strategic and adaptive leader at the forefront of collaboration and innovation across the Australian energy resources sector. Chief Executive of NERA since its inception in 2016, Miranda brings a deep and broad range of energy and resources industry experiences, skills and capabilities. Her leadership of NERA is bringing together the country’s best minds from technology, research and enterprise to achieve NERA’s vision of Australia as a global energy powerhouse, a sought-after destination of investment and leading source of knowledge and solutions.

NERA is working with industry, universities and researchers, entrepreneurs, innovative SMEs, skills initiatives and governments to support the cultural change and new thinking required to overcome barriers to collaboration and innovation, and to ensure Australia’s energy resources sector is staying ahead of the global automation technology transformation.

Paul Hodgson, General Manager Innovation & Stakeholder Engagement (East Coast), NERA

Paul Hodgson is Brisbane-based General Manager, Innovation and Stakeholder Engagement (East Coast) for the National Energy Resources Australia (NERA) industry growth centre. He works with stakeholders to increase the productivity, competitiveness and export potential of the energy resources sector.

Paul has qualifications in international business and sustainable development and has spent over 20 years exploring the competitiveness of businesses, industries and regions, and designing and implementing strategies to improve performance through innovation and collaboration.