Browsing by Author "Lairila, Jenni"

Now showing 1 - 2 of 2

The role of small actors in renewable energy auctions
(2016-06-13) Lairila, Jenni
Insinööritieteiden korkeakoulu | Master's thesis
The energy production sector is one of the main polluters in the world and thus plays a significant role in emission reductions and climate change mitigation. All the time more renewable energy production is needed to replace fossil fuel power plants. However, renewable energy is still in the most cases more expensive than conventional energy production and thus has to be supported financially in order to reach the renewable energy targets and a more environmentally friendly energy sector. This master’s thesis discusses renewable energy auctions and the role of small actors in them. Renewable energy auctions are a renewable energy support method, which is in use in an increasing number of countries in the world. These auctions set the remuneration level offered for renewable energy producers competitively, that is only the producers winning the auctions receive the support. The competitiveness requires the producers to develop the technologies in order to reduce costs and therefore increase the possibilities to be successful in the auctions. The advantage of this support method is its feature of driving down the costs caused by renewable subsidies to the society. Because of the competitive characteristics of the renewable energy auctions, small actors often have disadvantages in this support method as they are not able to offer renewable projects as cheaply as large actors in many cases. Therefore, if this issue is not considered when implementing the auctions, small actors might disappear from the renewable energy markets. This thesis analyses renewable energy auctions in five countries, namely Germany, Denmark, France, the Netherlands and Brazil, in order to find the best practices to enable small actor participation in renewable energy auctions. Also a short overview on other sectors’ auctions and small actors is conducted. The most important identified factors enhancing small actor participation in the auctions are auction design simplicity, technology choice (solar photovoltaic is the most suitable technology), low financial requirements and risks, low work load prior to the auctions and price-only evaluation. Other sectors’ auctions show that also some exception rules for small actors are possible when carefully designed.
Sähkömarkkinoiden uudistaminen valikoiduissa Etelä- ja Kaakkois-Aasian maissa
(2013-04-19) Lairila, Jenni
Insinööritieteiden korkeakoulu | Bachelor's thesis