 The impact of competition, trust and capital on renewable energy auction outcomes in sub-Saharan Africa: Analysing auctions in South Africa, Zambia and NamibiaWikus Kruger and Anton Eberhard Energy Policy, 2023, vol. 178, issue C Abstract: Africa is short of power, despite having abundant renewable energy resources. Over the past decade, renewable energy auctions have emerged as an effective mechanism to competitively procure utility-scale private power projects. This paper identifies the elements contributing to efficient price and effective project realisation outcomes through comparative case studies in South Africa, Zambia and Namibia. The analysis combined existing literature and theory on those elements that contribute to success in Independent Power Projects (IPPs), with that on renewable energy auction design and implementation. The application of an integrated analytical framework shows that the introduction of renewable energy auctions in Africa provides an essential programmatic element which connects existing country and project level factors and is crucial in achieving superior project realisation and price outcomes, compared to projects procured through direct negotiation or feed-in tariffs. Keywords: Auctions; Procurement; Africa; Renewable energy; Investment; IPPs (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:178:y:2023:i:c:s030142152300157x DOI: 10.1016/j.enpol.2023.113572 Access Statistics for this article Energy Policy is currently edited by N. France More articles in Energy Policy from Elsevier |
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