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Where to build renewables in Europe? The benefits of locational auction design

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  • Thomaßen, Georg
  • Fuhrmanek, Andreas

Abstract

The European Commission recently proposed a 90 % carbon emissions reduction target for the year 2040. Reaching this target will largely rely on decarbonizing the power sector through the deployment of variable renewables through auctions. At the same time, redispatch volumes across the European Union are forecast to increase massively in the context of uncoordinated renewable deployment.

Suggested Citation

  • Thomaßen, Georg & Fuhrmanek, Andreas, 2025. "Where to build renewables in Europe? The benefits of locational auction design," Energy Economics, Elsevier, vol. 147(C).
    • Handle: RePEc:eee:eneeco:v:147:y:2025:i:c:s0140988325004037
    DOI: 10.1016/j.eneco.2025.108579
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    References listed on IDEAS

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