Conference paper
Experiences with auctions for renewable energy support
Auctions is an increasingly popular instrument for introducing competitiveness in the support schemes for renewable energy, however, designing successful auctions appears to be a challenge. Policy makers seeking to introduce auctions are faced with a range of design choices, which may affect the auction outcome significantly.
This paper investigates the past experiences with auction implementations in 13 countries. We highlight popular design choices and evaluate auction performances based on a set of assessment criteria. We find that as a market-based support mechanism auctions can help driving down support costs, however, they are also prone to design errors.
Adjusting the auction design to the specific conditions (national and marked) is a key parameter for success.
| Language: | English |
|---|---|
| Publisher: | IEEE |
| Year: | 2017 |
| Pages: | 1-6 |
| Proceedings: | 14th International Conference on the European Energy MarketInternational Conference on the European Energy Market |
| ISBN: | 1509054995 , 1509055002 , 9781509054992 and 9781509055005 |
| ISSN: | 21654093 and 21654077 |
| Types: | Conference paper |
| DOI: | 10.1109/EEM.2017.7981922 |
| ORCIDs: | Mora Alvarez, David Fernando , Soysal, Emilie Rosenlund and Kitzing, Lena |
Auction Assessment Criteria Auction Design Elements Contracts Energy Auctions Energy Policy Instruments Europe Industries Instruments Pricing Renewable energy sources Technological innovation government policies market-based support mechanism auctions policy makers power markets renewable energy sources renewable energy support
