This report investigates different policy relevant questions for the design of the multi-technology RES auctions to be implemented in Denmark in 2018. It belongs to AURES work package (WP) 7. The objective of the WP is to explore and facilitate future implementation possibilities for auctions in Europe based on specific cases with significant replication potential. Strong focus is thereby placed on the interaction with policy makers and market participants.
In section 1 the game-theoretic model applied is outlined very briefly. Next, the Danish auctionAn auction is a market mechanism with the aims of allocating... design foreseen is presented, together with a short description of the Danish electricity market. Then, the model set-up, accounting for the specific characteristics of the Danish market and its market participants as well as the relevant design features for the envisaged auctionAn auction is a market mechanism with the aims of allocating... are presented.
In section 2 the questions investigated are described and followed by a detailed account on the methodology, findings and conclusions on each part.
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