Renewable Energy Auctions in Colombia: Lessons Learned in Energy Policy Design

Julia Gutiérrez; Luis Julián Zuluaga; Juan Carlos Giraldo; Katharina Grosso

doi:10.1109/FISECIGRE48012.2019.8985013

Renewable Energy Auctions in Colombia: Lessons Learned in Energy Policy Design

Julia Gutiérrez, Luis Julián Zuluaga, Juan Carlos Giraldo, Katharina Grosso

Ministerio de Minas y Energía

Producción: Capítulo del libro/informe/acta de congreso › Contribución a la conferencia › revisión exhaustiva

2 Citas (Scopus)

Resumen

This paper presents an overview of the energy auctions for long-term contracts in Colombia. It emphasizes its main design features, the rationale for choosing them according to the local context and the effects observed in terms of number of bidders, rate of disqualified bids, product attractiveness and PPA bankability. The analysis highlights the policy dilemma when attempting to balance complete opposing interests among electricity suppliers and retailers. The results are in line with the lock-in theory reinforcing the need for specific government intervention in the electricity market.

Idioma original	Inglés
Título de la publicación alojada	2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019
Editorial	Institute of Electrical and Electronics Engineers Inc.
ISBN (versión digital)	9781728142302
DOI	https://doi.org/10.1109/FISECIGRE48012.2019.8985013
Estado	Publicada - dic. 2019
Publicado de forma externa	Sí
Evento	2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019 - Medellin, Colombia Duración: 04 dic. 2019 → 06 dic. 2019

Serie de la publicación

Nombre	2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019

Conferencia

Conferencia	2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019
País/Territorio	Colombia
Ciudad	Medellin
Período	04/12/19 → 06/12/19

ODS de las Naciones Unidas

Este resultado contribuye a los siguientes Objetivos de Desarrollo Sostenible

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10.1109/FISECIGRE48012.2019.8985013

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Gutiérrez, J., Zuluaga, L. J., Giraldo, J. C., & Grosso, K. (2019). Renewable Energy Auctions in Colombia: Lessons Learned in Energy Policy Design. En 2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019 Artículo 8985013 (2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/FISECIGRE48012.2019.8985013

Gutiérrez, Julia ; Zuluaga, Luis Julián ; Giraldo, Juan Carlos et al. / Renewable Energy Auctions in Colombia : Lessons Learned in Energy Policy Design. 2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019. Institute of Electrical and Electronics Engineers Inc., 2019. (2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019).

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title = "Renewable Energy Auctions in Colombia: Lessons Learned in Energy Policy Design",

abstract = "This paper presents an overview of the energy auctions for long-term contracts in Colombia. It emphasizes its main design features, the rationale for choosing them according to the local context and the effects observed in terms of number of bidders, rate of disqualified bids, product attractiveness and PPA bankability. The analysis highlights the policy dilemma when attempting to balance complete opposing interests among electricity suppliers and retailers. The results are in line with the lock-in theory reinforcing the need for specific government intervention in the electricity market.",

keywords = "Energy policy, auctions, renewables",

author = "Julia Guti{\'e}rrez and Zuluaga, {Luis Juli{\'a}n} and Giraldo, {Juan Carlos} and Katharina Grosso",

note = "Publisher Copyright: {\textcopyright} 2019 IEEE.; 2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019 ; Conference date: 04-12-2019 Through 06-12-2019",

year = "2019",

month = dec,

doi = "10.1109/FISECIGRE48012.2019.8985013",

language = "English",

series = "2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019",

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Gutiérrez, J, Zuluaga, LJ, Giraldo, JC & Grosso, K 2019, Renewable Energy Auctions in Colombia: Lessons Learned in Energy Policy Design. En 2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019., 8985013, 2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019, Institute of Electrical and Electronics Engineers Inc., 2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019, Medellin, Colombia, 04/12/19. https://doi.org/10.1109/FISECIGRE48012.2019.8985013

Renewable Energy Auctions in Colombia: Lessons Learned in Energy Policy Design. / Gutiérrez, Julia; Zuluaga, Luis Julián; Giraldo, Juan Carlos et al.
2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019. Institute of Electrical and Electronics Engineers Inc., 2019. 8985013 (2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019).

Producción: Capítulo del libro/informe/acta de congreso › Contribución a la conferencia › revisión exhaustiva

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AU - Zuluaga, Luis Julián

AU - Giraldo, Juan Carlos

AU - Grosso, Katharina

PY - 2019/12

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N2 - This paper presents an overview of the energy auctions for long-term contracts in Colombia. It emphasizes its main design features, the rationale for choosing them according to the local context and the effects observed in terms of number of bidders, rate of disqualified bids, product attractiveness and PPA bankability. The analysis highlights the policy dilemma when attempting to balance complete opposing interests among electricity suppliers and retailers. The results are in line with the lock-in theory reinforcing the need for specific government intervention in the electricity market.

AB - This paper presents an overview of the energy auctions for long-term contracts in Colombia. It emphasizes its main design features, the rationale for choosing them according to the local context and the effects observed in terms of number of bidders, rate of disqualified bids, product attractiveness and PPA bankability. The analysis highlights the policy dilemma when attempting to balance complete opposing interests among electricity suppliers and retailers. The results are in line with the lock-in theory reinforcing the need for specific government intervention in the electricity market.

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KW - renewables

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Gutiérrez J, Zuluaga LJ, Giraldo JC, Grosso K. Renewable Energy Auctions in Colombia: Lessons Learned in Energy Policy Design. En 2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019. Institute of Electrical and Electronics Engineers Inc. 2019. 8985013. (2019 FISE-IEEE/CIGRE Conference - Living the Energy Transition, FISE/CIGRE 2019). doi: 10.1109/FISECIGRE48012.2019.8985013

Renewable Energy Auctions in Colombia: Lessons Learned in Energy Policy Design

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