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ID: 176123

Counteracting market concentration in renewable energy auctions : lessons learned from South Africa / Kruger, Wikus; LenaKitzing; Nygaard, Ivan

Nygaard, Ivan	Journal Article
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Summary/Abstract

Competitive bidding programmes, or auctions, are becoming the dominant method for procuring utility-scale renewable energy generation capacity and have coincided with significant cost reductions of renewable energy (RE) technologies. The use of price in auctions as the main awarding criterion has been criticized for apparently leading to market concentration and dominance in project ownership. We investigate: to what extent South Africa's renewable energy auction programme has contributed to market concentration and dominance; if market concentration and dominance have a negative impact on electricity cost in the auction; and to what extent measures taken to counteract market concentration and dominance have led to improved competition and diversity of project ownership.

Key Words

South Africa ; Renewable Energy ; Auctions ; Market Concentration

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ID: 191302

Impact of competition, trust and capital on renewable energy auction outcomes in sub-Saharan Africa: : Analysing auctions in South Africa, Zambia and Namibia / Kruger, Wikus

Kruger, Wikus	Journal Article
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Summary/Abstract

Africa is short of power, despite having abundant renewable energy resources. Over the past decade, renewable energy auctions have emerged as an effective mechanism to competitively procure utility-scale private power projects. This paper identifies the elements contributing to efficient price and effective project realisation outcomes through comparative case studies in South Africa, Zambia and Namibia. The analysis combined existing literature and theory on those elements that contribute to success in Independent Power Projects (IPPs), with that on renewable energy auction design and implementation. The application of an integrated analytical framework shows that the introduction of renewable energy auctions in Africa provides an essential programmatic element which connects existing country and project level factors and is crucial in achieving superior project realisation and price outcomes, compared to projects procured through direct negotiation or feed-in tariffs.

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