the effects of global climate change. Auctions have become an increasingly popular policy instrument for this purpose. In … the last few years, auctions have been rapidly adopted by low- and middle-income countries due to their flexibility and … from higher-income countries and two-way fixed effects models to estimate the effects of auctions on RE capacity, mostly …

, auctions have in recent years widely succeeded feed-in-tariffs (FITs) as the primary support instrument (del Rio & Linares … auctions. Interest rate development cannot be linked to support level development, most probably due to the low interest …

Renewable electricity procurement auctions (RE auctions) have received much attention for their potential efficiency in … to identify the effect of RE auction implementation on financing costs whilst including relevant further risks. Using a 2 … auctions does not increase financing costs. In addition, technology type and the state of development of the finance sector in …

farm auctions and evaluates the impact of price guarantees and subsidies on auction efficiency, government revenue, and …Globally, governments increasingly rely on auctions to advance renewable energy. This paper studies the design of wind … guarantee, and hence with more uncertainty in the auction, this increases the chances that risk-loving bidders win the auction …

auctions. We analyze incentives for bidders to manipulate the auction outcome and adapt the design to prevent this behavior … increasingly used today. We develop a reverse auction which accounts for particularities of intermittent renewable energy sources … introduce a link to fossil capacity auctions. …

model that incorporates both the electricity and the green certificate markets in an auction-based setting. The results … probability of winning the electricity auction increases. This is harmful for competition and results in high consumer prices of …

We assess the incorporation of wind or solar resource quality into renewable auction design as a means to … resource quality. With a stylized auction model, we model the trade-off between production costs and consumer costs. After … exploring the influence of the heterogeneity of production costs, the auction volume, and the regulator’s knowledge about cost …

Designing auctions that favor low resource quality installations allows countries to geographically diversify their … that a discriminatory auction design favoring low-wind-yield locations leads to a tradeoff between production costs and … auction levels intra-technology discrimination through the reference yield model leads to a reduction of consumer costs of …

This knowledge note singles out auctions as an important mechanism that has been implemented in a growing number of … countries in recent decades. It features case studies of auctions designed to promote the generation of electricity from … renewable sources in Brazil, China, and India. Auctions in various forms are being used to promote the generation of electricity …

This knowledge note singles out auctions as an important mechanism that has been implemented in a growing number of … countries in recent decades. It features a case study of auctions designed to promote the generation of electricity from … renewable sources in Brazil. The Brazilian experience with wind energy auctions illustrates that even carefully designed …