Renewable energy auctions: A guide to design. Volume 1. Summary for policymakers
This guidebook assists policymakers in understanding different approaches to renewable energy auctions. It includes some specific country experiences, representing different contexts and circumstances, and offers lessons learned and best practices on how governments can design and implement auctions to meet their objectives. Chapter 2 of the guidebook contextualizes auctions within the larger realm of renewable energy support schemes, and gives an overview of their key strengths and weaknesses. Chapters 3–6 cover four key design elements of auctions—demand, qualification requirements, winner selection, and sellers’ liabilities.