EU study urges stricter entry requirements for renewables auctions

Brussels – A new study from the EU-funded AURES project has recommended that EU States strengthen the entry requirements for organisations that wish to bid to supply for renewable energy in order to ensure that suppliers can fulfill their commitments.

Renewable energy auctions, where countries set out a required energy volume, asking producers to bid to supply it, have been promoted by the European Union over feed-in tariffs, as they are believed to be more cost effective. However, the AURES study shows that States are failing to manage these auctions effectively.

The project examined auction systems in eight EU states (Denmark, France, Germany, Ireland, Italy, the Netherlands, Portugal, and the UK), and has warned that economic penalties are not sufficient to ensure that suppliers deliver the energy that they pledge to. Instead, the report argues that countries should have stricter tender conditions, including requiring building permits from renewable producers to show they have permission to build new facilities.

However, states are also urged to avoid overly strict criteria that could deter renewable energy producers.

Click to read the AURES report, ‘Auctions for Renewable Energy Support: Lessons Learnt from International Experiences’.

By Philipp Grundmann and Nathalie Bargues “Almost one fifth of the EU’s total surface area is covered by grasslands. This…

Read Story

The partners of the FOODRUS and CO-FRESH projects held their final events in Brussels this week, exploring and discussing their…

Read Story

The Creativity World Forum 2024 will take place in the Basque Country, organised by GAIA Cluster, on 15-17 April 2024.…

Read Story
Arrow-up