Climate Change Data Portal
| DOI | 10.1016/j.enpol.2020.111995 |
| Counteracting market concentration in renewable energy auctions: Lessons learned from South Africa | |
| Kruger W.; Nygaard I.; Kitzing L. | |
| 发表日期 | 2021 |
| ISSN | 03014215 |
| 卷号 | 148 |
| 英文摘要 | 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 Africa's renewable energy auction programme has contributed to market concentration and dominance; if market concentration and dominance have a negative impact on electricity cost in the auction; and to what extent measures taken to counteract market concentration and dominance have led to improved competition and diversity of project ownership. The study analyses bidding data from awarded solar photovoltaic (PV) and wind projects, complemented by interviews with key stakeholders in the industry and in government. While there has been some degree of market concentration, it was not observed to have an adverse impact on project pricing or market development. Introducing preferential conditions for small, local players has been more effective at counteracting market concentration than an overall lowering of entry barriers. Finally, policy certainty and predictability seem more important to counteract market concentration and dominance than any auction design measures. © 2020 Elsevier Ltd |
| 关键词 | AuctionsMarket concentrationRenewable energySouth Africa |
| 英文关键词 | Cost reduction; Wind power; Competitive bidding; Electricity costs; Market concentration; Market development; Renewable energies; Renewable energy generation; Renewable energy technologies; Solar photovoltaics; Commerce; alternative energy; auction; competition (economics); energy market; photovoltaic system; project management; solar power; South Africa |
| 语种 | 英语 |
| 来源期刊 | Energy Policy
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/205197 |
| 作者单位 | University of Cape Town, Graduate School of Business, South Africa; Technical University of Denmark, Department of Technology, Management and Economics, Kgs. Lyngby, Denmark |
| 推荐引用方式 GB/T 7714 | Kruger W.,Nygaard I.,Kitzing L.. Counteracting market concentration in renewable energy auctions: Lessons learned from South Africa[J],2021,148. |
| APA | Kruger W.,Nygaard I.,&Kitzing L..(2021).Counteracting market concentration in renewable energy auctions: Lessons learned from South Africa.Energy Policy,148. |
| MLA | Kruger W.,et al."Counteracting market concentration in renewable energy auctions: Lessons learned from South Africa".Energy Policy 148(2021). |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
