Auctions for Renewable Energy Support: Effective use and efficient implementation options

  • Kitzing, Lena (Project Coordinator)
  • Morthorst, Poul Erik (Project Coordinator)
  • Skytte, Klaus (Project Participant)
  • Klinge Jacobsen, Henrik (Project Participant)
  • Wendring, Paul (Project Participant)
  • Soysal, Emilie Rosenlund (Project Participant)
  • Islam, Marco (Project Participant)
  • Mora Alvarez, David Fernando (Project Coordinator)

    Project Details

    Description

    Auctions, as a competitive and market-based mechanism, are on the verge of becoming a prevailing feature in support policies for renewable energy in Europe. A comprehensive assessment of auctions and their suitability for renewable support in Europe is urgently needed to facilitate their successful design and cost-efficient implementation. Auctions have the potential to significantly improve the performance of renewable electricity support in Europe, but there are potential pitfalls and difficulties to be avoided. AURES combines dedicated, detailed and target-oriented analysis of auctions and their interactions with other energy policy mechanisms and markets with capacity building of policy makers and market participants. The project identifies and evaluates suitable auction design options and their effects under different market conditions using tailored theoretical, empirical, experimental, and model-based approaches, and so develops best practices and policy recommendations for future auction design. Building on worldwide experiences with auctions in energy policy and other industries and on close cooperation with ongoing auction implementation cases in Europe, a strong knowledge base will be developed, enabling policy makers and market participants to make informed decisions. This knowledge base will be processed in a flexible policy support tool that provides policy makers with tailor-made information suited to their specific situation and policy preferences. By facilitating an intense and continuous stakeholder dialogue and by establishing a knowledge sharing network via workshops, webinars, bilateral meetings, and expert consultations, the project will serve as capacity building platform. The project consortium consists of eight renowned public institutions and private firms representing seven European countries and includes some of the leading energy policy experts in Europe, with an impressive track record of successful research and coordination projects.
    The project is supported by EU Horizon 2020. It is co-ordinated by DTU Management Engineering. There are 8 partners from 7 European countries. Start January 2015, Duration 3 years.
    AcronymAURES
    StatusFinished
    Effective start/end date01/01/201531/12/2017

    Research Output

    • 7 Report
    • 1 Article in proceedings

    Auctions for renewable energy support - Taming the beast of competitive bidding

    Mora Alvarez, D. F., Kitzing, L., Soysal, E. R., Steinhilber, S., del Río, P., Wigand, F., Klessmann, C., Tiedemann, S., Blanco, A. L. A., Welisch, M., Kreiß, J., Fitch-Roy, O. & Woodman, B., 2017, Aures. 34 p.

    Research output: Book/ReportReportResearch

    Open Access
    File
    1044 Downloads (Pure)

    Experiences with auctions for renewable energy support

    Mora Alvarez, D. F., Islam, M., Soysal, E. R., Kitzing, L., Blanco, A. L. A., Förster, S., Tiedemann, S. & Wigand, F., 2017, 14th International Conference on the European Energy Market (EEM). IEEE

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

    Open Access
    File
    825 Downloads (Pure)