11 – 12 October 2021 |Virtual
The capacity building event was organised as a two-day online workshop on the 11th and 12th of October 2021, with the agenda detailed below. The workshop included a combination of informative presentations, case study analyses, interactive exercises and question and answer (Q&A) discussion sessions.
The first day focused on the design elements of auctions following IRENA’s framework. It started by introducing auctions, their strengths and weaknesses, and the latest trends in technology and price. The rest of the sessions for day 1 delve into the various design elements of auctions covering auction demand, qualification requirements and documentation, winner selection and contract award process and risk allocation and remuneration of sellers. The respective sessions addressed the trade-offs to consider while designing the auction, in terms of the impact on price and broader objectives. Detailed considerations regarding each element will be presented, illustrated by country examples and experiences.
The second day focused on the design of auctions to achieve objectives beyond price– including on-time project delivery, variable renewable energy (VRE) integration, and a just and inclusive energy transition. These topics were covered in detail in the following sessions.
Each of the sessions presented experiences and lessons learnt from countries with similar contexts that have adopted auctions. Their design approaches were presented, along with an analysis of the outcomes and a summary of the insights that can be drawn, highlighting challenges and successes.
The detailed agenda is available here.
Closed event (by invitation only)