Articles by

Toby D. Couture

Are auctions to blame for the lagging pace of renewable energy deployment?

By

Toby D. Couture

The evidence is in, and it is unequivocal: the growth in renewable energy deployment around the world has stalled. . . This top-down model of electricity sector development is one reason utilities (as well as governments) have preferred the use of auctions: planners can set out a specific quantity of renewable energy, and auction it out to get the lowest price.