RenewableEnergyAuctionsprovidesanoverviewofrenewableenergyauctionsglobally,focusingontheGlobalSouth,sincethisiswhereauctionshavebeenpioneeredandprovidedmosttransformativeresults.Renewableenergyauctionshavebecomethedominantmethodforcontractingutility-scalerenewableenergyprojects,inlargepartduetothecost-efficienttariffssecuredthroughthismethod.TheascentofauctionshasbeenparticularlyrapidandtransformativeintheGlobalSouth,wheremanycountrieshavesecuredrenewableenergysuppliesatrecord-breakingprices.ThisbookanalysestheexperiencesoffrontierauctionmarketsinLatinAmerica,sub-SaharanAfrica,andIndia,withtheaimofimprovinghowauctionsaredesignedandimplementedglobally.Thebookgoesbeyondthetopicofauctiondesign-whichisconcernedwiththemicro-economicsofdesignchoices-toincludeauctionimplementation.Acrosstenchapters,theauthorsarguethatchoicesaroundtheauctionimplementinginstitutionandtheprocurementprocessareoverlookedinmostpublicationsonthesubject,yetthisisoftenakeyfactorfordeterminingoutcomes.Movingbeyondtheprogramlevelofanalysis(auctiondesignandimplementation),thebookincludesbothcountryandprojectlevelfactors’impactsonauctionoutcomes,ultimatelyhighlightingthatsuccessfulpriceandinvestmentoutcomesaredependentuponintegrationofallthreelevelsofauctiondesignandimplementation.
RENEWABLE AUCTIONS GLOBAL ENERGY LESSONS SUB
