The economies of support for renewables
“Money well spent: Effective allocation of financial support and enhancement of system integration of renewable energies”
In the report, at first an overview of auction design elements is given including a case study of auction design and experiences in Germany. Secondly, it is analysed which underlying market conditions are necessary to bring forward cost competitive RE projects. Thirdly, the developments in the Chinese markets are described and ideas for next steps in the Chinese policy design are discussed.
The report demonstrates a joint collaboration between the German Energy Agency (dena), GIZ and CNREC.