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DOI | 10.1016/j.enpol.2019.01.024 |
Auctions for all? Reviewing the German wind power auctions in 2017 | |
Lundberg, Liv | |
2019-05-01 | |
发表期刊 | ENERGY POLICY
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ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2019 |
卷号 | 128页码:449-458 |
文章类型 | Review |
语种 | 英语 |
国家 | Sweden |
英文摘要 | In 2017, Germany introduced auctions to determine the support level for onshore wind power. To protect small-scale actors, citizens' energy cooperatives were allowed longer realization periods and did not need to have an approval pursuant to the Federal Immission Control Act to submit a bid. Winning cooperatives were given the highest accepted bid, while other participants were paid-as-bid. The aim of this paper is to examine how this auction design affected actor diversity and the risk of winning projects not being realized. Unexpectedly, the outcome of the auctions was that over 90% of the winners were cooperatives, and the average project size of their bids was twice the size of other winning bids. There was also a significant decrease in the highest accepted bid, from 5.78(sic)ct/kWh in the first auction, to 3.82(sic)ct/kWh in the third auction. However, the pricing rule combined with uncertain technology costs and strong competition, may have encouraged overly aggressive bidding. This, as well as cooperatives being exempt from having an approval pursuant to the Federal Immission Control Act, could increase the risk of winning projects not being realized. A conclusion is that special rules for small-scale actors, should be used with caution, especially if they give significant competitive advantages and may affect realization rates. |
英文关键词 | Auctions for renewable energy Wind power Germany Winners curse Auction design Energy policy |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000463688800043 |
WOS关键词 | RENEWABLE ENERGY AUCTIONS ; WINNERS CURSE ; ACCEPTANCE ; MODEL |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/182749 |
专题 | 气候变化 |
作者单位 | Chalmers Univ Technol, Gothenburg, Sweden |
推荐引用方式 GB/T 7714 | Lundberg, Liv. Auctions for all? Reviewing the German wind power auctions in 2017[J]. ENERGY POLICY,2019,128:449-458. |
APA | Lundberg, Liv.(2019).Auctions for all? Reviewing the German wind power auctions in 2017.ENERGY POLICY,128,449-458. |
MLA | Lundberg, Liv."Auctions for all? Reviewing the German wind power auctions in 2017".ENERGY POLICY 128(2019):449-458. |
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