Articles by
Dr. Karl-friedrich Lenz
Germany’s Renewable Energy Auction Model Is Not An Absolute Disaster
By
Dr. Karl-friedrich Lenz
The problem with auctions is that contrary to what they are sold as (more market-based model) they are removing the decision on how much new solar is built from the market to the state. There is no way in an auction system to build even one MW more than is auctioned in the first place.