Showing 1 - 10 of 281
This paper considers the design and performance of auction mechanisms used to deploy renewable energy in three emerging … sector in recent years, with the number of countries implementing some sort of auction procedure rising from nine in 2009 to … 36 by the end of 2011 and about 43 in 2013. In general, the use of auctions makes sense when the contracting authority …
Persistent link: https://www.econbiz.de/10012972630
Electronic reverse auctions are the most used competitive method for procurement of goods and non-consulting services … by the Federal Government of Brazil. These auctions are closed randomly, which perfectly satisfies fairness … alternative strategies to optimize auction design: simple actions such as increasing the average and minimum length of the random …
Persistent link: https://www.econbiz.de/10012871898
into account. Multidimensional auctions are often used to evaluate multidimensional bids. This paper examines the bidding … strategy in multidimensional auctions, using data from public energy service company projects in Japan. It shows that … multidimensional auctions work well, as theory predicts. The competition effect is significant. In addition, strategic information …
Persistent link: https://www.econbiz.de/10012974250
authors estimate models for the microdeterminants of the auction rate, using weekly data on foreign exchange auctions for … model, synthesized from the theoretical literature on auctions, specifies the auction rate as a function of fundamental …In this analytical sequel to quot;A Typology of Foreign Exchange Auction Markets in sub-Saharan Africaquot; , the …
Persistent link: https://www.econbiz.de/10012746914
Romania was one of the first transition countries in Europe to introduce auctions for allocating standing timber … - timber auctions offer several potential advantages: greater revenue generation for the government, a higher probability that …, collusion among bidders often limits competition in timber auctions, including in well-established market economies such as the …
Persistent link: https://www.econbiz.de/10012747872
Morocco has set an ambitious target of supplying 42 percent of electricity through renewable sources, 14 percent each through hydro, wind, and solar, by 2020. To analyze the economic and environmental implications of implementing this target, this study uses a dynamic computable general...
Persistent link: https://www.econbiz.de/10012973066
Many countries have introduced policy measures, such as carbon pricing, greenhouse gas offsetting mechanisms, renewable energy standards, and energy efficiency improvements, to achieve their climate change mitigation targets. However, in many instances, these measures overlap in ways that may...
Persistent link: https://www.econbiz.de/10012950515
Integration of large-scale variable renewable energy (VRE) generation resources -- wind and solar -- into national grids has been gaining importance as costs of these technologies, especially that of solar, continues to fall rapidly. However, there continues to be a lack of a framework to...
Persistent link: https://www.econbiz.de/10012912312
Multidimensional auctions are a natural and practical solution when auctioneers pursue more than one objective in their … public-private-partnership transactions. However, it is difficult to achieve auction efficiency with multiple award criteria …. Using auction data from road and railway concessions in Latin America, the probability of renegotiation this paper estimates …
Persistent link: https://www.econbiz.de/10012747248
Like many emerging markets, the Arab Republic of Egypt is keen to promote distributed solar, defined here as systems below 500 kilowatts, but has struggled to create conditions for growth in the sector. The aim of this paper is to identify policy actions to unlock the distributed solar market...
Persistent link: https://www.econbiz.de/10012951526