Back to the future? Rethinking auctions for renewable electricity support

RENEWABLE & SUSTAINABLE ENERGY REVIEWS

卷:35

Review

del Rio, Pablo¹  Linares, Pedro² 

[1] Spanish Council Sci Res CSIC, Inst Publ Policies & Goods, Madrid 28037, Spain

[2] Univ Pontificia Comillas IIT, Harvard Kennedy Sch MR CBG & Econ Energy, Madrid, Spain

关键词: Renewable electricity;    Support schemes;    Bidding;    Tendering;   

DOI  :  10.1016/j.rser.2014.03.039

来源: Elsevier

【 摘 要 】

The effectiveness and cost-effectiveness of two main types of instruments (feed-in tariffs and quotas with tradable green certificates) have usually been compared in the literature on renewable electricity promotion. Due to negative past experiences with a third instrument (auctions), this instrument has been broadly dismissed in academics and, until recently, also in policy practice. However, and based on an in-depth review of experiences with auction schemes for renewable electricity around the world, this paper argues that some of the problems with auctions in the past can be mitigated with the appropriate design elements and that, indeed, auctions can play an important role in the future implementation of renewable electricity support instruments around the world. The paper provides a proposal for the coherent integration of several design elements. (C) 2014 Elsevier Ltd. All rights reserved.

【 授权许可】

Free