Policy choices and outcomes for offshore wind auctions globally

Malte Jansen, Philipp Beiter, Iegor Riepin, Felix Müsgens, Victor Juarez Guajardo-Fajardo, Iain Staffell, Bernard Bulder and Lena Kitzing

Energy Policy, 2022, vol. 167, issue C

Abstract: Offshore wind energy is rapidly expanding, facilitated largely through auctions run by governments. We provide a detailed quantified overview of utilised auction schemes, including geographical spread, volumes, results, and design specifications. Our comprehensive global dataset reveals heterogeneous designs. Although most auction designs provide some form of revenue stabilisation, their specific instrument choices vary and include feed-in tariffs, one-sided and two-sided contracts for difference, mandated power purchase agreements, and mandated renewable energy certificates.

Keywords: Renewable energy; Tender design; Auction database; Support scheme; Policy analysis; Remuneration Mechanism; Revenue stabilisation (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:167:y:2022:i:c:s0301421522002257

DOI: 10.1016/j.enpol.2022.113000

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