Jason Deign Policy - 11/May/2023

Governments bid to fix auction design

A slew of lacklustre state-run auction results could threaten Europe’s ability to meet binding climate targets. The systems that have brought gigawatt levels of clean energy generation are ailing

Poor responses to renewable energy tenders are leading to questions over European auction design

POOR TURNOUT Developers were put off bidding in European tenders during 2022because strike prices failed to account for inflation

NEW CRITERIA In offshore wind, where developers have no alternative togovernment auctions, non-price criteria are starting to emerge

KEY QUOTE We need to get the auctions filled ...

 

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