The AURES Auction Academy was wrapped up with an online debate focusing on pros and cons of auctions for renewable energy compared with other European support systems, on recommendations on auction design based on experiences in the countries analysed so far, on key recommendations to utilities working with tenders and auctions for the first time, on effects on prices of renewable energy so far and on interesting findings in the AURES research and dialogue with stakeholders.

This webinar will give practioners more hands-on information on the design of RES auctions, focusing on actor diversity. It is a goal of policy makers to ensure a broad range of different actors participating in the development of RES. We will present what the different policy goals are and what they exactly mean for the ensuring of actor diversity. This implies going through different definitions of small actors, including but not limited to the definition used in the State Aid Guidelines. We will then present the relevant design options for protecting small actors in RES auctions and discuss arguments for and against each of 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.

The webinar focuses on establishing common practices for translating the technical parameters of performance and reliability into financial terms and give a comprehensive set of practical guidelines and recommendations for mitigating and hedging financial risks in a PV investment.