Switch to competitive auctions for renewables shakes up industry
Yale Environment 360
A move from feed-in tariffs to competitive auctions risks roiling the German renewable energy market, writes Vaishnavi Chandrashekhar in Yale Environment 360. In response to falling technology costs and high renewables surcharges paid by consumers, Germany has switched to holding competitive auctions for wind and solar projects from paying renewable energy producers rates fixed in advance. This move is likely to benefit larger producers and consolidate the industry to the detriment of citizen energy cooperatives, she writes.
Read the article in English here.
For background, see the factsheet Citizens’ participation in the Energiewendeand the article Auctions to set the price for wind and solar – the debate.
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