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Auctions Became “world Standard” While You Were Not Looking

Auctions Became “World Standard” While You Were Not Looking

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Auctions Became “world Standard” While You Were Not Looking

I am not sure if this will help reduce costs. But judging from the German experience, it will be a great way to slow down the speed of increasing the renewable percentage. That’s because any auction system is not market based. You can win only auctions that are held in the first place, so the state gets to decide on how much new capacity is introduced, not the market.