Counteracting market concentration in renewable energy auctions: Lessons learned from South Africa

Competitive bidding programmes, or auctions, are becoming the dominant method for procuring utility-scale renewable energy generation capacity and have coincided with significant cost reductions of renewable energy (RE) technologies. The use of price in auctions as the main awarding criterion has been criticized for apparently leading to market concentration and dominance in project ownership. We investigate: to what extent South … Continue reading Counteracting market concentration in renewable energy auctions: Lessons learned from South Africa