Efficient Promotion of Renewable Energy with Reverse Auctions

Despite negative experiences with auctioning off subsidies for renewable energy in some countries, tenders are increasingly used today. We develop a reverse auction which accounts for particularities of intermittent renewable energy sources. Determining the quantity, demanded by the regulator, is in...

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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 20-2015)
Main Authors:	Schäfer, Sebastian, Schulten, Lisa
Format:	Article
Language:	English
Published:	2015
Subjects:	Auction Design Renewable Energy Burden Sharing Wirtschaft Adverse Selection, Moral Hazard Tendering Economics
Online Access:	PDF Full Text
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