Where to build renewables in Europe? The benefits of locational auction design

Georg Thomaßen and Andreas Fuhrmanek

Energy Economics, 2025, vol. 147, issue C

Abstract: The European Commission recently proposed a 90 % carbon emissions reduction target for the year 2040. Reaching this target will largely rely on decarbonizing the power sector through the deployment of variable renewables through auctions. At the same time, redispatch volumes across the European Union are forecast to increase massively in the context of uncoordinated renewable deployment.

Keywords: Renewable generation; Decarbonization; Transmission grid; Auction design (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:147:y:2025:i:c:s0140988325004037

DOI: 10.1016/j.eneco.2025.108579

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