Publication:
Promoting Renewable Energy through Auctions : The Case of Brazil

dc.contributor.authorElizondo Azuela, Gabriela
dc.contributor.authorBarroso, Luiz
dc.contributor.authorCunha, Gabriel
dc.date.accessioned2014-06-17T15:42:17Z
dc.date.available2014-06-17T15:42:17Z
dc.date.issued2014-06-13
dc.description.abstractThis knowledge note singles out auctions as an important mechanism that has been implemented in a growing number of countries in recent decades. It features a case study of auctions designed to promote the generation of electricity from renewable sources in Brazil. The Brazilian experience with wind energy auctions illustrates that even carefully designed policies often must be reconsidered in the light of a complex and changing environment. Many considerations need to be taken into account to ensure competitive prices while also delivering the required renewable energy supply. This case study is interesting, because Brazil's initial success with developing wind capacity had unforeseen consequences. Challenges introduced in the first stage of wind power development had to be solved in the second. The chief challenges were (i) the Brazilian system had to be able to balance supply and demand more accurately; (ii) investors were overoptimistic about the amount of electricity able to be generated; and (iii) the government's arrangements for coordinating the planning of generation and transmission left too little room for error. The benefits offered to the auctioned plants were reduced, as was government involvement in planning and coordinating transmission expansion. The key lesson from this case study is that existing policies should be challenged and revised in response to a changing environment.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/06/19670593/promoting-renewable-energy-through-auctions-case-brazil
dc.identifier.doi10.1596/18675
dc.identifier.urihttps://hdl.handle.net/10986/18675
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesLive Wire, 2014/13
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectALLOCATION
dc.subjectALLOCATION OF RISK
dc.subjectAPPROACH
dc.subjectAUCTION
dc.subjectAUCTION DESIGN
dc.subjectAUCTION MECHANISM
dc.subjectAUCTIONS
dc.subjectAVERAGE PRICE
dc.subjectBALANCE
dc.subjectBIOMASS
dc.subjectBLACK CARBON
dc.subjectBOTTOM LINE
dc.subjectBURNING COAL
dc.subjectCAPACITY FACTOR
dc.subjectCAPACITY FACTORS
dc.subjectCARBON
dc.subjectCARBON DIOXIDE
dc.subjectCLEANER ENERGY
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCLIMATE VARIABILITY
dc.subjectCO
dc.subjectCO2
dc.subjectCOAL
dc.subjectCOMBUSTION
dc.subjectCOMPETITIVE PRICES
dc.subjectCONVENTIONAL ENERGY
dc.subjectCUSTOMER SERVICE
dc.subjectDEMAND FOR ELECTRICITY
dc.subjectDISTRIBUTION OF ENERGY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectELECTRICITY
dc.subjectELECTRICITY MARKET
dc.subjectEMISSIONS
dc.subjectENERGY AUCTIONS
dc.subjectENERGY CONSUMERS
dc.subjectENERGY CONSUMPTION
dc.subjectENERGY DATA
dc.subjectENERGY GENERATION
dc.subjectENERGY INDUSTRIES
dc.subjectENERGY MIX
dc.subjectENERGY POLICIES
dc.subjectENERGY SHORTAGES
dc.subjectENERGY SYSTEMS
dc.subjectFOSSIL
dc.subjectFOSSIL FUELS
dc.subjectGENERATION
dc.subjectGENERATION CAPACITY
dc.subjectGENERATORS
dc.subjectGREENHOUSE
dc.subjectGREENHOUSE GAS
dc.subjectGREENHOUSE GAS EMISSIONS
dc.subjectGREENHOUSE GAS INVENTORY
dc.subjectGREENHOUSE GASES
dc.subjectHEAT
dc.subjectHEAT GENERATION
dc.subjectHYDROPOWER
dc.subjectHYDROPOWER GENERATION
dc.subjectINCOME
dc.subjectINCREASE IN CAPACITY
dc.subjectINTERNATIONAL ENERGY
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT COSTS
dc.subjectLOWER PRICE
dc.subjectLOWER PRICES
dc.subjectLOWER TARIFFS
dc.subjectMARGINAL PRICE
dc.subjectMETHANE
dc.subjectMITIGATING CLIMATE CHANGE
dc.subjectOIL
dc.subjectPENALTIES
dc.subjectPETROLEUM
dc.subjectPIPELINE
dc.subjectPOLICY MAKERS
dc.subjectPORTFOLIO
dc.subjectPOWER CAPACITY
dc.subjectPOWER INDUSTRY
dc.subjectPOWER PURCHASE
dc.subjectPOWER SECTOR
dc.subjectPRICE CEILING
dc.subjectPRICE REDUCTIONS
dc.subjectREGULATORY FRAMEWORK
dc.subjectRENEWABLE ENERGY
dc.subjectRENEWABLE ENERGY DEVELOPMENT
dc.subjectRENEWABLE ENERGY SUPPLY
dc.subjectRENEWABLE PORTFOLIO STANDARD
dc.subjectRENEWABLE SOURCES
dc.subjectRENEWABLE SOURCES OF ENERGY
dc.subjectSOURCE OF ENERGY
dc.subjectSPOT PRICES
dc.subjectTARIFF STRUCTURE
dc.subjectTOTAL GREENHOUSE
dc.subjectTOTAL GREENHOUSE GAS
dc.subjectTRANSMISSION INFRASTRUCTURE
dc.subjectTRANSMISSION LINES
dc.subjectTRANSMISSION SYSTEM
dc.subjectTURBINE COMPONENTS
dc.subjectUNCERTAINTIES
dc.subjectUTILITIES
dc.subjectWIND
dc.subjectWIND CAPACITY
dc.subjectWIND DEVELOPMENT
dc.subjectWIND ENERGY
dc.subjectWIND EQUIPMENT
dc.subjectWIND FARM
dc.subjectWIND FARMS
dc.subjectWIND GENERATION
dc.subjectWIND PLANTS
dc.subjectWIND POWER
dc.subjectWIND POWER CAPACITY
dc.subjectWIND POWER DEVELOPMENT
dc.subjectWIND POWER INDUSTRY
dc.subjectWIND POWER PLANTS
dc.subjectWIND PRODUCERS
dc.subjectWIND PROJECTS
dc.subjectWIND SECTOR
dc.subjectWIND SITES
dc.subjectWIND TURBINE
dc.titlePromoting Renewable Energy through Auctions : The Case of Brazilen
dc.typeBriefen
dc.typeFichefr
dc.typeResumenes
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.date.disclosure2014-06-13
okr.date.doiregistration2025-04-29T10:00:58.527172Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/06/19670593/promoting-renewable-energy-through-auctions-case-brazil
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeEnergy and Extractives
okr.guid816701468014961508
okr.identifier.externaldocumentum090224b082b6ac76_2_0
okr.identifier.internaldocumentum19670593
okr.identifier.report88695
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/06/13/000456286_20140613154259/Rendered/PDF/886950BRI0Live00Box385194B00PUBLIC0.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryBrazil
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicMacroeconomics and Economic Growth::Climate Change Economics
okr.topicInfrastructure Economics and Finance::Infrastructure Economics
okr.topicEnvironment::Carbon Policy and Trading
okr.topicEnergy::Energy Production and Transportation
okr.unitEnergy Unit (SEGEN)
relation.isSeriesOfPublication98e5571a-7cc0-440c-8455-78cc32cc387a
relation.isSeriesOfPublication.latestForDiscovery98e5571a-7cc0-440c-8455-78cc32cc387a
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