Renewable energy auctions have become a popular instrument for the deployment of renewables around the world, and Southeast Asia is no exception.

This report analyses changes in design between the two auctions in Colombia, as well as their price outcomes and the factors affecting those prices.

As Japan moves away from nuclear power plants, it has turned to renewables to diversify its energy mix. Auctions have emerged as a key policy tool for the transition.

As the renewable energy sector matures, policies must be adapted to reflect changing market conditions. This brief outlines the latest research on auctions, with a focus on market developments since 2017.

Auctions can help countries across sub-Saharan Africa achieve record-low prices for solar and wind power. Five countries have run renewable energy auctions, while at least 15 more are developing such programmes.

At least 67 countries had used auctions for renewable energy contracts by mid-2016, up from less than 10 in 2005. This auctions report from the International Renewable Energy Agency (IRENA) provides key updates on this crucial mechanism for price discovery and market development.

This report aims to advise policy makers on the implications of different approaches to renewable energy auctions. Auction designs can emphasise cost effectiveness, supply security or socio-economic development objectives.

Renewable energy auctions are an increasingly popular tool for governments to procure renewable electricity at moderate cost. IRENA’s report, Renewable Energy Auctions in Developing Countries, describes various types and aspects of renewable energy auction schemes, drawing on the actual experiences of five countries: Brazil, China, Morocco, Peru and South Africa.