Auctions as a measure in meeting renewable energy targets : selected cases from developing countries

Tanvir Alam Shahi Md.: Auctions as a measure in meeting renewable energy targets : selected cases from developing countries.

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Absztrakt (kivonat)

With the determination to achieve 100% carbon free energy generation by 2050, renewable energy has been widely accepted as a feasible option for environmentally friendly and inclusive economic growth. Giving priority to this support mechanism is vital to upholding a steady and conducive atmosphere for investment in this sector while meeting the anticipated target in the energy system in an economical way, and policy makers reveal that auctions have reached their pinnacle in due course of time. Merely 29 states had applied renewable energy auctions up to the end of 2017 and their number increased to 41 in 2019. The present study aims to prepare a roadmap for achieving the carbon free green energy production target within the stipulated period while meeting future energy demand through a cost-effective auctioning scheme. The research outlines the feasibility of suggested auctioning schemes, highlighting some country-specific empirical evidence and potential benefits for countries. For this, qualitative research has been conducted to summarize and assess the necessary conditions to develop an auctioning model. The results indicate that for the emerging economics that are provided with renewable energy sources, technology-neutral site-specific volume auctions systematically scheduled, together with socio-economic development instruments under qualification requirement, result in diversified gains.

Mű típusa:	Konferencia vagy workshop anyag
Rovatcím:	Economic development and economic policy responses
Befoglaló folyóirat/kiadvány címe:	Proceedings of the European Union’s Contention in the Reshaping Global Economy
Dátum:	2022
ISBN:	978-963-306-852-6
Oldalak:	pp. 85-104
Nyelv:	angol
Kiadás helye:	Szeged
Konferencia neve:	The European Union’s contention in the reshaping global economy (2022) (Szeged)
Befoglaló mű URL:	http://acta.bibl.u-szeged.hu/75064/
DOI:	10.14232/eucrge.2022.6
Kulcsszavak:	Gazdaságpolitika, Energiaforrások - környezetvédelem, Megújuló energiák
Megjegyzések:	Bibliogr.: p. 102-104. ; ill. ; összefoglalás angol nyelven
Szakterület:	05. Társadalomtudományok 05. Társadalomtudományok > 05.02. Közgazdasági és gazdálkodástudományok
Feltöltés dátuma:	2022. már. 29. 13:02
Utolsó módosítás:	2022. nov. 08. 13:09
URI:	http://acta.bibl.u-szeged.hu/id/eprint/75070

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