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, Lena; Siddique, Muhammad Bilal; Nygaard, Ivan; Kruger, Wikus
发表日期	2022
ISSN	0301-4215
EISSN	1873-6777
卷号	166 页码:22
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.
英文关键词	Competitive electricity procurement; Tender design; Global North-South comparison; Wind energy; Solar photovoltaics; Sustainable energy transition
学科领域	Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种	英语
WOS研究方向	Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号	WOS:000831594000002
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/272416
作者单位	Technical University of Denmark; Technical University of Denmark; University of Cape Town
推荐引用方式 GB/T 7714	Kitzing, Lena,Siddique, Muhammad Bilal,Nygaard, Ivan,et al. Worth the wait: How South Africa's renewable energy auctions perform compared to Europe's leading countries[J],2022,166:22.
APA	Kitzing, Lena,Siddique, Muhammad Bilal,Nygaard, Ivan,&Kruger, Wikus.(2022).Worth the wait: How South Africa's renewable energy auctions perform compared to Europe's leading countries.ENERGY POLICY,166,22.
MLA	Kitzing, Lena,et al."Worth the wait: How South Africa's renewable energy auctions perform compared to Europe's leading countries".ENERGY POLICY 166(2022):22.