Promoting Renewable Energy through Auctions : The Case of India

This knowledge note singles out auctions as an important mechanism that has been implemented in a growing number of countries in recent decades. It features a case study of auctions designed to promote the generation of electricity from renewable s...

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Main Authors: Khana, Ashish, Barroso, Luiz
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2014/06/19670595/promoting-renewable-energy-through-auctions-case-india
http://hdl.handle.net/10986/18673
id okr-10986-18673
recordtype oai_dc
spelling okr-10986-186732021-06-14T10:25:37Z Promoting Renewable Energy through Auctions : The Case of India Khana, Ashish Barroso, Luiz ACCESS TO ELECTRICITY AUCTION BLACK CARBON BOTTOM LINE BURNING COAL CAPACITY FACTOR CAPITAL COST CARBON CARBON DIOXIDE CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE POLICY CO CO2 COAL COMBUSTION DISCOUNT RATE DISTRIBUTION COMPANY DISTRIBUTION OF ENERGY ECOSYSTEM ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY GENERATION ELECTRICITY GENERATION MIX ELECTRICITY TARIFFS EMISSIONS ENERGY CONSULTANT ENERGY CONSUMERS ENERGY CONSUMPTION ENERGY DATA ENERGY DEVELOPMENT ENERGY EFFICIENCY ENERGY GENERATION ENERGY INDUSTRIES ENERGY MIX ENERGY PRODUCTS ENERGY SYSTEMS EXCHANGE RATE FINANCIAL INCENTIVES FOSSIL FOSSIL FUELS GENERATION CAPACITY GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GAS INVENTORY GREENHOUSE GASES HEAT HEAT GENERATION INCOME IRRADIATION LOWER PRICES METHANE OIL PENALTIES PETROLEUM PHOTOVOLTAICS PIPELINE POLICY MAKERS PORTFOLIO POWER SECTOR RENEWABLE ENERGY RENEWABLE GENERATION RENEWABLE PORTFOLIO STANDARD RENEWABLE SOURCES SOLAR CELLS SOLAR ENERGY SOLAR ENERGY PRODUCTS SOLAR EQUIPMENT SOLAR POWER SOLAR TECHNOLOGIES SOURCE OF ENERGY SUSTAINABLE DEVELOPMENT TRANSMISSION SYSTEM UTILITIES UTILITY-SCALE WASTE WIND WIND ENERGY WIND POWER WIND POWER CAPACITY WIND SITES WORLD ENERGY This knowledge note singles out auctions as an important mechanism that has been implemented in a growing number of countries in recent decades. It features a case study of auctions designed to promote the generation of electricity from renewable sources in India. The country's national- and state-level experience with auctions of solar energy products both large and small attests to the flexibility and adaptability of auction mechanisms. Under the National Solar Mission, auctions have been implemented with good results in a variety of settings. Lessons include the importance of clear ideas about key goals and objectives, and about areas where sacrifices can be made. Experience in several states has also underlined the importance of regulatory stability. This case study is interesting, because India's National Solar Mission led to concurrent implementations of renewable auction schemes. Both national- and state-level auctions have led to successful projects. The Indian central government's experience with auction implementations can be split into three main segments. Phase 1 auctions concern centralized auctions for procuring utility-scale solar plants. Rooftop auctions concern central government conducted auctions for rooftop solar generation in specific cities. No centralized auctions for large-scale solar generation were conducted in 2012 or 2013, so phase 2 auction were created under a new bidding process. Successive delays that were observed in the implementation of phase 2 auctions had negative results. Investors need to feel secure before they will establish a strong manufacturing or developer base. 2014-06-17T15:27:36Z 2014-06-17T15:27:36Z 2014-06-13 Brief http://documents.worldbank.org/curated/en/2014/06/19670595/promoting-renewable-energy-through-auctions-case-india http://hdl.handle.net/10986/18673 English en_US Live Wire, 2014/15 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research South Asia India
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO ELECTRICITY
AUCTION
BLACK CARBON
BOTTOM LINE
BURNING COAL
CAPACITY FACTOR
CAPITAL COST
CARBON
CARBON DIOXIDE
CLEAN ENERGY
CLIMATE
CLIMATE CHANGE
CLIMATE POLICY
CO
CO2
COAL
COMBUSTION
DISCOUNT RATE
DISTRIBUTION COMPANY
DISTRIBUTION OF ENERGY
ECOSYSTEM
ELECTRICITY
ELECTRICITY CONSUMPTION
ELECTRICITY GENERATION
ELECTRICITY GENERATION MIX
ELECTRICITY TARIFFS
EMISSIONS
ENERGY CONSULTANT
ENERGY CONSUMERS
ENERGY CONSUMPTION
ENERGY DATA
ENERGY DEVELOPMENT
ENERGY EFFICIENCY
ENERGY GENERATION
ENERGY INDUSTRIES
ENERGY MIX
ENERGY PRODUCTS
ENERGY SYSTEMS
EXCHANGE RATE
FINANCIAL INCENTIVES
FOSSIL
FOSSIL FUELS
GENERATION CAPACITY
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GAS INVENTORY
GREENHOUSE GASES
HEAT
HEAT GENERATION
INCOME
IRRADIATION
LOWER PRICES
METHANE
OIL
PENALTIES
PETROLEUM
PHOTOVOLTAICS
PIPELINE
POLICY MAKERS
PORTFOLIO
POWER SECTOR
RENEWABLE ENERGY
RENEWABLE GENERATION
RENEWABLE PORTFOLIO STANDARD
RENEWABLE SOURCES
SOLAR CELLS
SOLAR ENERGY
SOLAR ENERGY PRODUCTS
SOLAR EQUIPMENT
SOLAR POWER
SOLAR TECHNOLOGIES
SOURCE OF ENERGY
SUSTAINABLE DEVELOPMENT
TRANSMISSION SYSTEM
UTILITIES
UTILITY-SCALE
WASTE
WIND
WIND ENERGY
WIND POWER
WIND POWER CAPACITY
WIND SITES
WORLD ENERGY
spellingShingle ACCESS TO ELECTRICITY
AUCTION
BLACK CARBON
BOTTOM LINE
BURNING COAL
CAPACITY FACTOR
CAPITAL COST
CARBON
CARBON DIOXIDE
CLEAN ENERGY
CLIMATE
CLIMATE CHANGE
CLIMATE POLICY
CO
CO2
COAL
COMBUSTION
DISCOUNT RATE
DISTRIBUTION COMPANY
DISTRIBUTION OF ENERGY
ECOSYSTEM
ELECTRICITY
ELECTRICITY CONSUMPTION
ELECTRICITY GENERATION
ELECTRICITY GENERATION MIX
ELECTRICITY TARIFFS
EMISSIONS
ENERGY CONSULTANT
ENERGY CONSUMERS
ENERGY CONSUMPTION
ENERGY DATA
ENERGY DEVELOPMENT
ENERGY EFFICIENCY
ENERGY GENERATION
ENERGY INDUSTRIES
ENERGY MIX
ENERGY PRODUCTS
ENERGY SYSTEMS
EXCHANGE RATE
FINANCIAL INCENTIVES
FOSSIL
FOSSIL FUELS
GENERATION CAPACITY
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GREENHOUSE GAS INVENTORY
GREENHOUSE GASES
HEAT
HEAT GENERATION
INCOME
IRRADIATION
LOWER PRICES
METHANE
OIL
PENALTIES
PETROLEUM
PHOTOVOLTAICS
PIPELINE
POLICY MAKERS
PORTFOLIO
POWER SECTOR
RENEWABLE ENERGY
RENEWABLE GENERATION
RENEWABLE PORTFOLIO STANDARD
RENEWABLE SOURCES
SOLAR CELLS
SOLAR ENERGY
SOLAR ENERGY PRODUCTS
SOLAR EQUIPMENT
SOLAR POWER
SOLAR TECHNOLOGIES
SOURCE OF ENERGY
SUSTAINABLE DEVELOPMENT
TRANSMISSION SYSTEM
UTILITIES
UTILITY-SCALE
WASTE
WIND
WIND ENERGY
WIND POWER
WIND POWER CAPACITY
WIND SITES
WORLD ENERGY
Khana, Ashish
Barroso, Luiz
Promoting Renewable Energy through Auctions : The Case of India
geographic_facet South Asia
India
relation Live Wire, 2014/15
description This knowledge note singles out auctions as an important mechanism that has been implemented in a growing number of countries in recent decades. It features a case study of auctions designed to promote the generation of electricity from renewable sources in India. The country's national- and state-level experience with auctions of solar energy products both large and small attests to the flexibility and adaptability of auction mechanisms. Under the National Solar Mission, auctions have been implemented with good results in a variety of settings. Lessons include the importance of clear ideas about key goals and objectives, and about areas where sacrifices can be made. Experience in several states has also underlined the importance of regulatory stability. This case study is interesting, because India's National Solar Mission led to concurrent implementations of renewable auction schemes. Both national- and state-level auctions have led to successful projects. The Indian central government's experience with auction implementations can be split into three main segments. Phase 1 auctions concern centralized auctions for procuring utility-scale solar plants. Rooftop auctions concern central government conducted auctions for rooftop solar generation in specific cities. No centralized auctions for large-scale solar generation were conducted in 2012 or 2013, so phase 2 auction were created under a new bidding process. Successive delays that were observed in the implementation of phase 2 auctions had negative results. Investors need to feel secure before they will establish a strong manufacturing or developer base.
format Brief
author Khana, Ashish
Barroso, Luiz
author_facet Khana, Ashish
Barroso, Luiz
author_sort Khana, Ashish
title Promoting Renewable Energy through Auctions : The Case of India
title_short Promoting Renewable Energy through Auctions : The Case of India
title_full Promoting Renewable Energy through Auctions : The Case of India
title_fullStr Promoting Renewable Energy through Auctions : The Case of India
title_full_unstemmed Promoting Renewable Energy through Auctions : The Case of India
title_sort promoting renewable energy through auctions : the case of india
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/06/19670595/promoting-renewable-energy-through-auctions-case-india
http://hdl.handle.net/10986/18673
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