Publication:
Performance of Renewable Energy Auctions : Experience in Brazil, China and India

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dc.contributor.authorElizondo Azuela, Gabriela
dc.contributor.authorBarroso, Luiz
dc.contributor.authorKhanna, Ashish
dc.contributor.authorWang, Xiaodong
dc.contributor.authorWu, Yun
dc.contributor.authorCunha, Gabriel
dc.date.accessioned2014-10-30T20:47:41Z
dc.date.available2014-10-30T20:47:41Z
dc.date.issued2014-10
dc.description.abstractThis paper considers the design and performance of auction mechanisms used to deploy renewable energy in three emerging economies: Brazil, China, and India. The analysis focuses on the countries' experience in various dimensions, including price reductions, bidding dynamics, coordination with transmission planning, risk allocation strategies, and the issue of domestic content. Several countries have turned to public competitive bidding as a mechanism for developing the renewable generation sector in recent years, with the number of countries implementing some sort of auction procedure rising from nine in 2009 to 36 by the end of 2011 and about 43 in 2013. In general, the use of auctions makes sense when the contracting authority expects a large volume of potentially suitable bids, so that the gains from competition can offset the costs of implementation. A study of the successes and failures of the particular auction design schemes described in this paper can be instrumental in informing future policy making.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/10/20291035/performance-renewable-energy-auctions-experience-brazil-china-india
dc.identifier.doi10.1596/1813-9450-7062
dc.identifier.urihttps://hdl.handle.net/10986/20498
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank Group, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7062
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO ELECTRICITY
dc.subjectACCOUNTING
dc.subjectALLOCATION OF RISK
dc.subjectAPPROACH
dc.subjectAUCTION
dc.subjectAUCTION MECHANISM
dc.subjectAUCTION MECHANISMS
dc.subjectAUCTION PRICE
dc.subjectAUCTION PRICES
dc.subjectAUCTION PROCEDURE
dc.subjectAUCTIONS
dc.subjectAVAILABILITY
dc.subjectAVERAGE PRICE
dc.subjectBALANCE
dc.subjectBASES
dc.subjectBID
dc.subjectBIDDING
dc.subjectBIDS
dc.subjectBIOMASS
dc.subjectBOND
dc.subjectBONDS
dc.subjectCALCULATION
dc.subjectCAPACITY FACTOR
dc.subjectCAPACITY FACTORS
dc.subjectCAPACITY UTILIZATION
dc.subjectCLEAN ENERGY
dc.subjectCLEANER ENERGY
dc.subjectCLIMATE
dc.subjectCLIMATE CHANGE
dc.subjectCO
dc.subjectCOAL
dc.subjectCOMPETITIVE BIDDING
dc.subjectCOMPETITIVE MARKET
dc.subjectCOMPETITIVE PRICES
dc.subjectCOMPETITIVENESS
dc.subjectCONSUMER PRICE
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONVENTIONAL ELECTRICITY
dc.subjectCONVENTIONAL ENERGY
dc.subjectCONVENTIONAL GENERATION
dc.subjectCOST OF ENERGY
dc.subjectDEFAULTS
dc.subjectDEMAND FOR ELECTRICITY
dc.subjectDEVALUATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDISBURSEMENT
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC EFFICIENCY
dc.subjectELECTRIC UTILITY
dc.subjectELECTRICITY
dc.subjectELECTRICITY CONSUMPTION
dc.subjectELECTRICITY GENERATION
dc.subjectELECTRICITY GENERATION MIX
dc.subjectELECTRICITY PRICES
dc.subjectELECTRICITY SUPPLY
dc.subjectELECTRICITY SYSTEM
dc.subjectELECTRICITY TARIFFS
dc.subjectEMERGING ECONOMIES
dc.subjectEMISSIONS
dc.subjectENERGY COSTS
dc.subjectENERGY MARKETS
dc.subjectENERGY MIX
dc.subjectENERGY PLANNING
dc.subjectENERGY POLICIES
dc.subjectENERGY PRICES
dc.subjectENERGY SHORTAGES
dc.subjectENERGY SOURCES
dc.subjectENERGY SYSTEMS
dc.subjectENFORCEABILITY
dc.subjectENVIRONMENTAL SUSTAINABILITY
dc.subjectEQUILIBRIUM PRICES
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectFEASIBILITY STUDIES
dc.subjectFEASIBILITY STUDY
dc.subjectFINANCE CORPORATION
dc.subjectFINANCIAL BENEFITS
dc.subjectFINANCIAL HEALTH
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL RISK
dc.subjectFINANCIAL RISKS
dc.subjectFOSSIL
dc.subjectFOSSIL FUEL
dc.subjectFOSSIL FUELS
dc.subjectFREE MARKET
dc.subjectFUEL PRICES
dc.subjectFULL DISCLOSURE
dc.subjectGENERATION CAPACITY
dc.subjectGHG
dc.subjectGOVERNMENT POLICY
dc.subjectGRID RENEWABLE ENERGY
dc.subjectHYDROPOWER
dc.subjectHYDROPOWER GENERATION
dc.subjectINCOME
dc.subjectINDEXATION
dc.subjectINFLATION
dc.subjectINFLATION RISK
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINSTRUMENT
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL COMPETITION
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL TRADE
dc.subjectIRRADIATION
dc.subjectLIABILITY
dc.subjectLOAN
dc.subjectLOAN REPAYMENT
dc.subjectLOCAL CURRENCY
dc.subjectLOCAL ECONOMY
dc.subjectLOCAL GOVERNMENTS
dc.subjectMANUFACTURING INDUSTRY
dc.subjectMARKET EQUILIBRIUM
dc.subjectMARKET POWER
dc.subjectMARKET PRICE
dc.subjectMARKET PRICES
dc.subjectMARKET REFORM
dc.subjectMARKET STRUCTURE
dc.subjectMONOPOLIES
dc.subjectMONOPOLY
dc.subjectNUCLEAR ENERGY
dc.subjectOFFSHORE WIND
dc.subjectONSHORE WIND
dc.subjectOPENING PRICE
dc.subjectOUTPUT
dc.subjectPARTICULAR COUNTRY
dc.subjectPAYMENT GUARANTEES
dc.subjectPHOTOVOLTAIC CAPACITY
dc.subjectPHOTOVOLTAICS
dc.subjectPLANT PERFORMANCE
dc.subjectPORTFOLIO
dc.subjectPORTFOLIOS
dc.subjectPOTENTIAL INVESTORS
dc.subjectPOWER
dc.subjectPOWER CORPORATION
dc.subjectPOWER GENERATORS
dc.subjectPOWER PRICES
dc.subjectPOWER SECTOR
dc.subjectPOWER SUPPLY
dc.subjectPRICE BENCHMARK
dc.subjectPRICE BENCHMARKS
dc.subjectPRICE CAP
dc.subjectPRICE CEILING
dc.subjectPRICE DISCOVERY
dc.subjectPRICE LEVEL
dc.subjectPRICE LEVELS
dc.subjectPRICE RISK
dc.subjectPRICING SCHEME
dc.subjectPRICING STRATEGY
dc.subjectPRIMARY ENERGY
dc.subjectPRIMARY ENERGY SUPPLY
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY STRUCTURES
dc.subjectRENEWABLE ELECTRICITY
dc.subjectRENEWABLE ENERGIES
dc.subjectRENEWABLE ENERGY
dc.subjectRENEWABLE ENERGY CAPACITY
dc.subjectRENEWABLE ENERGY DEVELOPMENT
dc.subjectRENEWABLE ENERGY GENERATION
dc.subjectRENEWABLE ENERGY INDUSTRIES
dc.subjectRENEWABLE ENERGY INDUSTRY
dc.subjectRENEWABLE ENERGY MARKET
dc.subjectRENEWABLE ENERGY POLICY
dc.subjectRENEWABLE ENERGY PROGRAM
dc.subjectRENEWABLE ENERGY SOURCES
dc.subjectRENEWABLE GENERATION
dc.subjectRENEWABLE POWER
dc.subjectRENEWABLE RESOURCE
dc.subjectRENEWABLE SOURCES
dc.subjectRENEWABLE SOURCES OF ENERGY
dc.subjectRESERVE
dc.subjectRESERVES
dc.subjectREVERSE AUCTION
dc.subjectRISK FACTORS
dc.subjectSAFETY NET
dc.subjectSALE
dc.subjectSETTLEMENT
dc.subjectSILICON
dc.subjectSOFT LOANS
dc.subjectSOLAR ENERGY
dc.subjectSOLAR POWER
dc.subjectSOLAR RESOURCE
dc.subjectSPOT PRICES
dc.subjectSTATE BANK
dc.subjectSUPPLIERS
dc.subjectSUPPLY CHAIN
dc.subjectSURPLUS
dc.subjectSUSTAINABLE ENERGY
dc.subjectTARIFF LEVELS
dc.subjectTAX
dc.subjectTAX CREDIT
dc.subjectTAX STRUCTURES
dc.subjectTHERMAL PLANTS
dc.subjectTHERMAL POWER
dc.subjectTRACK RECORD
dc.subjectTRACK RECORDS
dc.subjectTRADING
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSMISSION GRID
dc.subjectTRANSMISSION LINES
dc.subjectTRANSMISSION SYSTEM
dc.subjectTRANSPARENCY
dc.subjectTURBINE MANUFACTURERS
dc.subjectVALUE IN REAL TERMS
dc.subjectVOLATILITY
dc.subjectVOLTAGE
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 PLANT
dc.subjectWIND PLANTS
dc.subjectWIND POWER
dc.subjectWIND POWER CAPACITY
dc.subjectWIND POWER DEVELOPMENT
dc.subjectWIND POWER GENERATION
dc.subjectWIND POWER INDUSTRY
dc.subjectWIND POWER PLANTS
dc.subjectWIND PRODUCERS
dc.subjectWIND PROJECTS
dc.subjectWIND RESOURCE
dc.subjectWIND RESOURCES
dc.subjectWIND TECHNOLOGY
dc.subjectWIND TURBINE
dc.subjectWIND VELOCITY
dc.subjectWORLD TRADE
dc.titlePerformance of Renewable Energy Auctions : Experience in Brazil, China and Indiaen
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.crossref.titlePerformance of Renewable Energy Auctions: Experience in Brazil, China and India
okr.date.disclosure2014-10-15
okr.date.doiregistration2025-04-10T09:23:30.289101Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/10/20291035/performance-renewable-energy-auctions-experience-brazil-china-india
okr.globalpracticeEnergy and Extractives
okr.guid842071468020372456
okr.identifier.doi10.1596/1813-9450-7062
okr.identifier.externaldocumentum000158349_20141014104927
okr.identifier.internaldocumentum20291035
okr.identifier.reportWPS7062
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/10/14/000158349_20141014104927/Rendered/PDF/WPS7062.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.administrativeLatin America & Caribbean
okr.region.administrativeSouth Asia
okr.region.countryBrazil
okr.region.countryChina
okr.region.countryIndia
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicEnergy::Energy Production and Transportation
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.unitEnergy and Extractives Global Practice Group
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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