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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 …
Persistent link: https://www.econbiz.de/10013465383
, 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 …
Persistent link: https://www.econbiz.de/10014330084
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 …
Persistent link: https://www.econbiz.de/10014335529
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. …
Persistent link: https://www.econbiz.de/10011286401
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 …
Persistent link: https://www.econbiz.de/10013285813
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 …
Persistent link: https://www.econbiz.de/10014330325
Persistent link: https://www.econbiz.de/10011619152
disaggregation of European sectors, we find that using auction revenues from the Emissions Trading Scheme (ETS) to support … energy and ETS price increase, the combination of these exemptions and of the use of carbon auction revenues to support …
Persistent link: https://www.econbiz.de/10011947203
auction, and regional auctions. We find that if bidders benefit from high enough economies of scale, the combinatorial auction …Auctions are widely used to determine the remuneration for renewable energies. They typically induce a high … system configuration in the long run. To counteract these tendencies effectively, we propose a combinatorial auction design …
Persistent link: https://www.econbiz.de/10012866926
Persistent link: https://www.econbiz.de/10014430999