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What are auctions for RES support and why do we need them?

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Video/Webcast

What are auctions for RES support and why do we need them?

This webinar will introduce how auctions can be used as instrument to allocate support for renewable energy sources (RES) in the electricity sector and to determine the adequate support level. We will present the requirements of the State Aid Guidelines of the European Commission for competitive elements in RES support schemes, give an overview over the expected timing of implementation and discuss the defined exceptions. Based on the analyses undertaken in the AURES project, we will then present which auction formats and pricing rules may be suitable for RES auctions and mention the most crucial design elements. These will then be further discussed in more detail in the other webinars of the series.