CORDIS
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CORDIS

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Auctions for Renewable Energy Support II

Project information

Grant agreement ID: 817619

Status

Ongoing project

  • Start date

    1 November 2018

  • End date

    31 October 2021

Funded under:

H2020-EU.3.3.2.

H2020-EU.3.3.7.

H2020-EU.3.3.3.

  • Overall budget:

    € 2 594 057,50

  • EU contribution

    € 2 594 057,50

Coordinated by:

FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V.

Germany

Objective

Building on the insights of the recently finalized AURES project, AURES II investigates auction design options in more detail to determine their policy performance depending on different of policy objectives and give recommendations on their use. We apply a multi-methodological approach, including literature review, theoretical analysis, case studies, surveys, and empirical and quantitative methods such as econometric analysis and model simulations. The project expands the empirical base created in AURES in several directions. It continues the monitoring of ongoing and planned auction schemes. Case studies will now be complemented by a comprehensive online auction database, and quantitative analysis of how auction design features affect auction performance. The effects of auctions are further explored in two directions: (i) Developments in RES sector value chains and innovation processes in reaction to auctions, and (ii) Changes in financing patterns of RES projects in reaction to certain auction design specifications. AURES II will inform currently ongoing auction-related policy debates: (i) Challenges of cross-border openings of auctions; (ii) the question of technology-neutrality, i.e. of combining two or more RES-E technologies in one auction; and (iii) future challenges, including the necessity for and requirements towards auctions due to changing electricity markets, generation patterns, and other framework conditions such as actor diversity. The multi-methodological approach is accompanied by a strong involvement of relevant stakeholders including policy makers and industry representatives. The project builds upon and expands the strong network from AURES, allowing policy makers and industry to exchange expectations, experiences and ideas. This active dialogue allows stakeholder to learn from best practice and facilitates capacity building across borders in Europe. AURES II contributes to the EC’s communication activities in the area of RES auction design.

Coordinator

FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V.

Address

Hansastrasse 27c
80686 Munchen

Germany

Activity type

Research Organisations

EU Contribution

€ 464 031,25

Participants (10)

DANMARKS TEKNISKE UNIVERSITET

Denmark

EU Contribution

€ 291 652,50

NAVIGANT ENERGY GERMANY GMBH

Germany

EU Contribution

€ 405 400

TAKON GMBH-SPIELTHEORETISCHE BERATUNG

Germany

EU Contribution

€ 186 090

TECHNISCHE UNIVERSITAET WIEN

Austria

EU Contribution

€ 268 792,50

THE UNIVERSITY OF EXETER

United Kingdom

EU Contribution

€ 174 940

AGENCIA ESTATAL CONSEJO SUPERIOR DEINVESTIGACIONES CIENTIFICAS

Spain

EU Contribution

€ 143 781,25

ECLAREON GMBH

Germany

EU Contribution

€ 253 437,50

REKK ENERGIAPIACI TANACSADO KFT

Hungary

EU Contribution

€ 215 705

FACTOR IDEAS INTEGRAL SERVICES SL

Spain

EU Contribution

€ 72 570

FORMICABLU SRL

Italy

EU Contribution

€ 117 657,50

Project information

Grant agreement ID: 817619

Status

Ongoing project

  • Start date

    1 November 2018

  • End date

    31 October 2021

Funded under:

H2020-EU.3.3.2.

H2020-EU.3.3.7.

H2020-EU.3.3.3.

  • Overall budget:

    € 2 594 057,50

  • EU contribution

    € 2 594 057,50

Coordinated by:

FRAUNHOFER GESELLSCHAFT ZUR FOERDERUNG DER ANGEWANDTEN FORSCHUNG E.V.

Germany