气候变化领域集成服务门户(CCPortal): Worth the wait: How South Africa's renewable energy auctions perform compared to Europe's leading countries

CCPortal

DOI	10.1016/j.enpol.2022.112999
	Worth the wait: How South Africa's renewable energy auctions perform compared to Europe's leading countries
	Kitzing L.; Siddique M.B.; Nygaard I.; Kruger W.
发表日期	2022
ISSN	0301-4215
卷号	166
英文摘要	Auctions for renewable energy support allocation are on a triumphant global advance. We compare performance of renewable energy auctions in terms of effectiveness (realisation rate and period) and efficiency (price outcomes) from two world regions: South Africa and European countries (Germany, France, the Netherlands). We develop an assessment framework for compliance incentivisation in auction design, covering qualification criteria, penalties, and compliance monitoring. We find that a 100% realisation rate in South Africa is connected to a strong compliance package, while European countries have moderate realisation rates (23%–87%) with relatively lenient compliance packages. We observe that realisation periods are correlated with project size rather than granted realisation period. Although South African projects generally have longer realisation periods (34 months for PV and 40 months for onshore wind) than European projects (16.5–30 months for PV and 19–25 months for onshore wind), they perform comparably considering that they are 10–13 times larger. Comparing average auction prices with equivalent technology-specific LCOE estimates, we find a general convergence towards the global average, with South Africa having the sharpest price decline (75% PV and 54% onshore wind), albeit starting from the highest level. Our findings, especially on importance of compliance incentivisation and weak impact of granted realisation periods, are valid across world regions and can support policymakers everywhere in designing effective and efficient renewable energy auctions. © 2022 The Authors
英文关键词	Competitive electricity procurement; Global North-South comparison; Solar photovoltaics; Sustainable energy transition; Tender design; Wind energy
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/256185
作者单位	Technical University of Denmark, Department of Wind and Energy Systems, Roskilde, Denmark; Technical University of Denmark, Department of Technology, Management and Economics, Kgs. Lyngby, Denmark; University of Cape Town, Graduate School of Business, Cape Town, South Africa
推荐引用方式 GB/T 7714	Kitzing L.,Siddique M.B.,Nygaard I.,et al. Worth the wait: How South Africa's renewable energy auctions perform compared to Europe's leading countries[J],2022,166.
APA	Kitzing L.,Siddique M.B.,Nygaard I.,&Kruger W..(2022).Worth the wait: How South Africa's renewable energy auctions perform compared to Europe's leading countries.Energy Policy,166.
MLA	Kitzing L.,et al."Worth the wait: How South Africa's renewable energy auctions perform compared to Europe's leading countries".Energy Policy 166(2022).