Renewable Energy Auctions A Guide to Design Pdf, Building on this work, the current guidebook helps policy makers in understanding the implication of unique strategies to renewable energy stocks. Structured around four key design components, it supplies a selection of alternatives and makes suggestions to ease optimum decision-making in a specific context. The analysis concentrates on possible challenges which have to be addressed, as well as the guidebook assesses choices which might be considered for every auction layout component.
Reaching goals of renewable energy policies, for example costeffectiveness, security of supply, and contributions into socio-economic growth, amongst others, is completely discussed. The guidebook introduces the principal trade-offs involved in decisions about how market layout (e.g. involving reduction of barriers to entry and discouragement of underbuilding, or involving layout simplicity and the capacity to reflect specific tastes concerning the engineering mix and spatial distribution of the renewable energy capacity to be contracted) and offers advice about the best way best to get an optimum balance which accounts for the goals and conditions of each jurisdiction.