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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 …
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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
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 …
Persistent link: https://www.econbiz.de/10014514734
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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