Renewable energy auctions: Analysing 2016
At least 67 countries had used auctions for renewable energy contracts by mid-2016, up from less than 10 in 2005. This report provides key updates on this crucial mechanism for price discovery and market development, by analysing the results of renewable energy auctions around the world. It provides an overview of the most recent auctions, analyses trends in auction prices and designs, and provides an in-depth overview of the interesting experiences and results. This analysis is meant to provide policy makers with a thorough understanding of the dynamics of auctions to support their design in particular, and to make informed decisions regarding the choice of policy instruments in general.