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, 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 …
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transition. In this paper, we investigate the German pilot auction scheme for solar photovoltaics introduced in the Renewable … Energies Act 2014 (EEG 2104) that serves as a pilot for the auction-based promotion of the three major large-scale renewable … by an adjusted auction strategy. The first-price auction can generate additional profits by placing a second, higher bid …
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