Renewable Energy Auctions. A Guide to Design

Authors: Rabia Ferroukhi, Diala Hawila, Salvatore Vinci and Divyam Nagpal (IRENA)

Auctions for contracts to develop power-generation capacity have emerged as an essential policy instrument for many countries to promote the transition to renewable energy sources and technologies. This six-volume guide from the International Renewable Energy Agency (IRENA) notes more than 60 countries using renewable energy auctions by 2015, mainly in order to attract competition and drive down costs.

Renewable Energy Auctions: A Guide to Design aims to advise policy makers on the implications of different approaches to such auctions. The set – structured around key auction design elements – offers choices and recommendations to support optimal decision-making in different contexts. Auction designs can emphasise cost effectiveness, supply security or socio-economic development objectives.

 


Author:

International Renewable Energy Agency (IRENA)

Version
File Type pdf pdf
File Size 9.08 MB
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