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.

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.

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