Experiences with auctions for renewable energy support

David Fernando Mora Alvarez; Marco Islam; Emilie Rosenlund Soysal; Lena Kitzing; Ana Lucia Amazo Blanco; Sonja Förster; Silvana Tiedemann; Fabian Wigand

doi:10.1109/EEM.2017.7981922

Experiences with auctions for renewable energy support

David Fernando Mora Alvarez, Marco Islam, Emilie Rosenlund Soysal, Lena Kitzing, Ana Lucia Amazo Blanco, Sonja Förster, Silvana Tiedemann, Fabian Wigand

Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review

Abstract

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.

Original language	English
Title of host publication	14th International Conference on the European Energy Market (EEM)
Publisher	IEEE
Publication date	2017
ISBN (Electronic)	978-1-5090-5499-2
DOIs	https://doi.org/10.1109/EEM.2017.7981922
Publication status	Published - 2017
Event	14th International Conference on the European Energy Market - Dresden, Germany Duration: 6 Jun 2017 → 9 Jun 2017 Conference number: 14 http://eem2017.com/

Conference

Conference	14th International Conference on the European Energy Market
Number	14
Country/Territory	Germany
City	Dresden
Period	06/06/2017 → 09/06/2017
Internet address	http://eem2017.com/

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1109/EEM.2017.7981922

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Full text

AURES: Auctions for Renewable Energy Support: Effective use and efficient implementation options
Kitzing, L., Morthorst, P. E., Skytte, K., Klinge Jacobsen, H., Wendring, P., Soysal, E. R., Islam, M. & Mora Alvarez, D. F.
01/01/2015 → 31/12/2017
Project: Research

Cite this

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title = "Experiences with auctions for renewable energy support",

abstract = "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.",

author = "{Mora Alvarez}, {David Fernando} and Marco Islam and Soysal, {Emilie Rosenlund} and Lena Kitzing and Blanco, {Ana Lucia Amazo} and Sonja F{\"o}rster and Silvana Tiedemann and Fabian Wigand",

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doi = "10.1109/EEM.2017.7981922",

language = "English",

booktitle = "14th International Conference on the European Energy Market (EEM)",

publisher = "IEEE",

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note = "14th International Conference on the European Energy Market, EEM 2017 ; Conference date: 06-06-2017 Through 09-06-2017",

url = "http://eem2017.com/",

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Mora Alvarez, DF, Islam, M, Soysal, ER, Kitzing, L, Blanco, ALA, Förster, S, Tiedemann, S & Wigand, F 2017, Experiences with auctions for renewable energy support. in 14th International Conference on the European Energy Market (EEM). IEEE, 14th International Conference on the European Energy Market, Dresden, Saxony, Germany, 06/06/2017. https://doi.org/10.1109/EEM.2017.7981922

TY - GEN

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AU - Mora Alvarez, David Fernando

AU - Islam, Marco

AU - Soysal, Emilie Rosenlund

AU - Kitzing, Lena

AU - Blanco, Ana Lucia Amazo

AU - Förster, Sonja

AU - Tiedemann, Silvana

AU - Wigand, Fabian

N1 - Conference code: 14

PY - 2017

Y1 - 2017

N2 - 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.

AB - 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.

U2 - 10.1109/EEM.2017.7981922

DO - 10.1109/EEM.2017.7981922

M3 - Article in proceedings

BT - 14th International Conference on the European Energy Market (EEM)

PB - IEEE

T2 - 14th International Conference on the European Energy Market

Y2 - 6 June 2017 through 9 June 2017

ER -

Experiences with auctions for renewable energy support

Abstract

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

Cite this