In the context of our accelerating and transforming economic and energy systems, renewable energy auction systems have contributed in some manner to stimulating the renewables sector over the past decades. This is mainly due to the lower costs of new technologies, useful for emerging countries lacking investment resources, but also to the political implementation of this auction mechanism by becoming a model instrument for clean energy.
To understand renewable energy auction systems and mechanisms, we conducted an analysis to lay elements of designing a methodology support of conducting renewable energy auctions in the scope of country experiences (Brazil, South Africa, Turkey, India and Germany) in order to identity the more or less effective auction system and sort the mechanisms and processes that could be replicated in other countries, contributing to the acceleration of the renewable energy market. Based on the results, we then drew up a methodology to support auction developments, particularly useful in developing countries. To ensure its relevance, we tested it on the case of Kazakhstan.
Read here our report (English): Renewable energy auction_report_221121