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

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 f...

Teljes leírás

Elmentve itt :
Bibliográfiai részletek
Szerző: Tanvir Alam Shahi Md
Testületi szerző: The European Union’s contention in the reshaping global economy (2022) (Szeged)
Dokumentumtípus: Könyv része
Megjelent: 2022
Sorozat:Proceedings of the European Union’s Contention in the Reshaping Global Economy
Kulcsszavak:Gazdaságpolitika, Energiaforrások - környezetvédelem, Megújuló energiák
Tárgyszavak:
doi:10.14232/eucrge.2022.6

Online Access:http://acta.bibl.u-szeged.hu/75070
Leíró adatok
Tartalmi 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.
Terjedelem/Fizikai jellemzők:85-104
ISBN:978-963-306-852-6