Design and results of recent renewable energy auctions in Europe
László Szabó, Mária Bartek-Lesi, Alfa Diallo, Bettina Dézsi, Vasilios Anatolitis and Pablo del Río
Energías renovables, Subastas
The Horizon2020 project AURES II aims at contributing to the effective implementation of auctions for Renewable Energy Resources with research-based insights and policy recommendations. The paper focuses on the main design elements applied in the recent renewable auctions and their impact on the effectiveness and efficiency of renewable support allocation. Drawing on 10 European case studies, the analysis investigates whether there is a convergence in the auction design across countries, whether a general cost reduction trend can be observed, and looks at how successful previous auctions were in delivering contracted capacities. It also assesses the new trends and developments, and presents some emerging, innovative forms of auctions targeting carbon emission mitigation.