AUCTIONS FOR RENEWABLE SUPPORT IN CHILE: INSTRUMENTS AND LESSONS LEARNT

El informe presenta el modelo de subastas de energía renovable en Chile y la especificación del diseño regulatorio aplicado en ese país. Table of contents

1. Characteristics of the electricity auction in Chile 1.1. Design elements for the assessment of the auction 2. Evaluation criteria for the assessment of auction schemes for RES-E Actor variety and social acceptability; Policy effectiveness (effectiveness of auctions); Static efficiency or cost effectiveness (including transaction and administrative costs); Dynamic efficiency; Compatibility with market principles and integration; Distributional effects & minimization of support costs; 3. Lessons learnt: key best practices and pitfalls identified References