Skip to main content

Auctions for Renewable Energy Support: Effective use and efficient implementation options

Objective

Auctions, as a competitive and market-based mechanism, are on the verge of becoming a prevailing feature in support policies for renewable energy in Europe. A comprehensive assessment of auctions and their suitability for renewable support in Europe is urgently needed to facilitate their successful design and cost-efficient implementation. Auctions have the potential to significantly improve the performance of renewable electricity support in Europe, but there are potential pitfalls and difficulties to be avoided. AURES combines dedicated, detailed and target-oriented analysis of auctions and their interactions with other energy policy mechanisms and markets with capacity building of policy makers and market participants. The project will identify and evaluate suitable auction design options and their effects under different market conditions using tailored theoretical, empirical, experimental, and model-based approaches, and so develop best practices and policy recommendations for future auction design. Building on worldwide experiences with auctions in energy policy and other industries and on close cooperation with ongoing auction implementation cases in Europe, a strong knowledge base will be developed, enabling policy makers and market participants to make informed decisions. This knowledge base will be processed in a flexible policy support tool that provides policy makers with tailor-made information suited to their specific situation and policy preferences. By facilitating an intense and continuous stakeholder dialogue and by establishing a knowledge sharing network via workshops, webinars, bilateral meetings, and expert consultations, the project will serve as capacity building platform. The project consortium consists of eight renowned public institutions and private firms representing seven European countries and includes some of the leading energy policy experts in Europe, with an impressive track record of successful research and coordination projects.

Field of science

  • /social sciences/economics and business/economics/sustainable economy
  • /social sciences/economics and business/business and management/commerce
  • /engineering and technology/environmental engineering/energy and fuels/renewable energy

Call for proposal

H2020-LCE-2014-3
See other projects for this call

Funding Scheme

CSA - Coordination and support action

Coordinator

DANMARKS TEKNISKE UNIVERSITET
Address
Anker Engelundsvej 1 Bygning 101 A
2800 Kgs Lyngby
Denmark
Activity type
Higher or Secondary Education Establishments
EU contribution
€ 376 001,25

Participants (7)

FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V.
Germany
EU contribution
€ 230 160,25
Address
Hansastrasse 27C
80686 Munchen
Activity type
Research Organisations
TECHNISCHE UNIVERSITAET WIEN
Austria
EU contribution
€ 168 718,75
Address
Karlsplatz 13
1040 Wien
Activity type
Higher or Secondary Education Establishments
THE UNIVERSITY OF EXETER
United Kingdom
EU contribution
€ 99 667,50
Address
The Queen's Drive Northcote House
EX4 4QJ Exeter
Activity type
Higher or Secondary Education Establishments
GUIDEHOUSE ENERGY GERMANY GMBH
Germany
EU contribution
€ 247 581,25
Address
Am Wassermann 36
50829 Koln
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
TAKON GMBH-SPIELTHEORETISCHE BERATUNG
Germany
EU contribution
€ 142 698,75
Address
Schwalbenweg 5
95445 Bayreuth
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
AGENCIA ESTATAL CONSEJO SUPERIOR DEINVESTIGACIONES CIENTIFICAS
Spain
EU contribution
€ 146 956,25
Address
Calle Serrano 117
28006 Madrid
Activity type
Research Organisations
CONCITO
Denmark
EU contribution
€ 140 816,75
Address
Kattesundet 4, 3
1458 København K
Activity type
Other